[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.