Listed in December 2008 for $1,495,000 and eventually reduced to a range price of $1,150,000 to $1,195,000 the Joesler estate at 4320 N Alvernon Way expired today. Still unsold. How come.
Who can really know. But it may have something to do with the fact that when it last sold, in December 2004, it sold for $875,000 and when it was listed 4 years later, in December 2008, it was listed for $1,495,000. But in that time, rather than going up, up, up, the market went down, down, down.
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