Lotsa listings in PL on market for long time, delisted, relisted to reset the days on market. Some don’t even bother. Search 92106/7 then sort descending by days on market (I use redfin a lot). Plenty of inventory on the market for hundreds of days. Hundreds! If a house is “on the market” for over 400 days, is it really in fact, on the market?
I just want to say to these people, Dude, your house has been on the market for 437 days, perhaps your price is too high? Do you not understand basic market principles? May I shake you by the shoulders? Damn it man, give it to me for $1! 🙂
I love Point Loma, but it’s rare to walk into a house for sale and think ‘oh yeah, this is it!’ Lots of old crampy houses, bad remodels, converted garages, ‘what were they thinking?’ type of kluge (a bathroom in the kitchen, a walkthrough bedroom, seriously?). My point being that all these things that get glossed over in a boom market, become glaring deal killers in a down market.
San Antonio is an interesting comp. Primo street. But the house is a cave. And Perry is a shack. I wonder if they’ll do a big rebuild, which will kill the view of the place behind it, which is still for sale. And while La Playa is dreamy in general, they still have the Navy gas tank issue hanging out there. A negative high profile story on that could be a swift kick in the equity, at any time.
Sigh… before the boom, I was happy just to have a roof over my head. Now I’m so picky picky picky.
