Here are the comps I see on that street with that model:
11336 Village Ridge Rd Sep 03 $485,000
11410 Village Ridge Rd Sep 04 $625,000
11404 Village Ridge Rd May 05 $625,000
11432 Village Ridge Rd Jul 05 $621,000
11438 Village Ridge Rd Dec 05 $610,000
11414 Village Ridge Rd Jan 06 $599,000
So it seems like this model on this street peaked @ $625k between Sep 04 and May 05. I guess $559k is a 6.6% drop from the last comp and 10.56% from the last sold price. The list price doesn’t look like an extreme bargain but definitely price to sell.
