Its the smallest floorplan in Ponderosa and the price looks in line with comps. Last model match was up on La Duela with the big view overlooking LCV that sold in about a week for $530K. The bigger floorplan (1620 sq ft) will sell for less on Jacaranda because its a short sale backing up to Olivenhain Rd.
There is nothing to panic about and this is the worst time for you to sell. In Spring the market will bloom again and you will have an easier time selling for a higher price than today.
FYI, houses like that have a great market around here due to divorces. One parent keeps the nice house and the other wants a nice small house in the school boundaries to be close to their kids.
