Off the market since June, 4441 N Camino Sumo is back in the fray today & range priced from $2.5 to $2.7 - Sellers will accept or counter offers from $2,500,000-$2,700,000. That’s in Cat 10, where there are now 17 for sale from $890,000 to $2,950,000, 16 of which are $1,000,0000 or more. And still no sales at a million or more since February 08.
3 homes did sell in Cat 10 in the last 6 months, for; $587,500, $640,000 and $755,000. That’s it! And there’s nothing under contract at the moment.
Cat 10 is a wonderful place, a personal favorite, and with many lovely homes for sale. But so what, buyers aren’t buying. Not at those prices.
You can’t even do the math, there’s nothing to go on.
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