The market is weak. There is a home on my block on sale for nearly 6 months now. started 950-975, then 900-950, now listed 850-900K for last 2+ months. 850K was value 1.5 years ago. Still not sold. 2 year old house in north san diego, good house. So if someone wants to sell similar house within a few months, they would have to list 800k.
With so much inventory, your house has to be perfect or at a big (10%)discount.
