Also, to be fair on this property (even though I haven’t seen it), $917k does seem like a reasonable price given what appear to be recent comps to this house. It would be the lowest to date (and significantly lower than some), so I can see how it would sell.
What actually surprises me is that they’d have to resort to this technique at all because based on comps, it seems like they didn’t really need to reduce their price (at least not yet). That said, if they sold it in five days, so who am I to question? Maybe we’ll see more like this.
