My neighborhood is not moving, because the sellers are listed too high.
One listing was for sale 6 months, and taken off the market, as the owners accepted they could not get the asking price they needed to make the move to their new home in Temecula.
One unit has been listed since February, and has its 3rd reduction. Another Open House this weekend with no cars….
The only unit that sold was the smallest one, range listed starting at $399K, and it sold in a few weeks. I don’t know what the buyers paid for it.
Another unit has been listed 3 months, with many Open Houses done by the owner. I stopped by this weekend and suggested that she lower her price.
However, I see lots of Sold signs in Poway, which prompted my other post asking if Poway is still in high demand for its supposedly better schools. Between December and February 1 saw 1 sold sign, and now I see about 10 or 15. They seem to be everywhere, and some houses sell within one week. I know of 1 house that sold in 3 days, according to the owner.
