So it took the bank about 180 days and a mark down of 25% from 2005 price to get some offers. Not much evidence that the market is healthy.
5892 Madra seems to be in a race to sell too- marked down again.
These smaller, older markets are supposed to be the healthy ones, but it seems the only the aggressive or desperate are managing to sell.
Hint to Del Cerro sellers: if you have a great place, price it around $900k. If you got a crappy place that needs work, price it under 700k. And if its on Yokahoma Ct, give it away before think about the cliff sliding and taking up the 10 foot wide back yard (disclaimer: I am not a geologist) As evidence by the potential buyers on this thread, you’ll find a buyer at the right price. And since you bought the place at least 20 years ago, your going to get rich anyway.
