[quote=DaCounselor][quote=ncsd760]Sitio Lima in LCO closed for 2.8 (bought for 760k) … wonder why Serbal isn’t pending yet on a better lot/street with real upgrades.
Seeing some overpriced homes languish and I think that’s normal and no cause for panic. If Jacaranda was sitting at 999k maybe I’d be nervous but for 1.25 I’d rather take a nicer condo with a less frustrating floorplan/lot.[/quote]
The RP subdivision seems like it’s all over the place regarding pricing. I think that Jacaranda house might have been in the range of $900K pre-COVID? Let’s see what they can get now. I’m feeling like $1.1-something.
There’s another one in there with a recent list-sale-list-price reduction history, not sure why the quick re-list unless it fell out of escrow?
What I find interesting is how it got bid up $225K yet back on the market they’re dropping the price.
Anyway i think sdr’s stats give a good wider lens on the local market and what’s trending. I still like looking at what’s going on with individual properties though.[/quote]
Agree and i love following the individual cases. I could see Serbal going well over 3 or sitting by listing a month too late. And they got shafted with lousy cold weather all weekend so house didn’t show best nor did extra lookie loos show up making it seem more competitive than it is
