Home › Forums › Closed Forums › Properties or Areas › 37% Price Drop in 4S Ranch –3000+ sq ft homes › The question to be asked is,
The question to be asked is, WTF did this guy buy it for $1,179,000?
10209 Paseo De Linda (6/5, 4150 sf) was sold on the same day for 999k. 10225 Paseo De Linda (6/5, 3823 sf) was sold two months later for 939k.
It’s not a real 40% drop from the peak if the original buyer overpaid at least 20% over fair market value when he bought it.