4733 Camino Antonio N – a spec home short sale, built on a less than perfectly desirable lot – sold today for $562,000 ($153/sf) off its most recent $575,000 list price. First listed in July 06 for $1,150,000 and reduced in dribs ‘n drabs, until this January, when it dropped from $729,000 to $575,000 and I mentioned it here>
lowered ex-spec-tations
4912 N Avenida De Castilla – in Hacienda del Sol estates – dropped a good 200 thou today - $1,059,700 to $850,000 ($223/sf).
(Listed by Coldwell Banker Residential Brokerage)
Unfortunately, De Castilla last sold in 04 for $1,100,000.
And more unfortunately, it was listed for $1,395,000 in 06.
Then for $1,210,000 in 08.
And, giving up $13,000, for 1,197,000 in 09. And now 271 days later, guess what, it’s at $850,000. Good things come to those who wait.
And 6231 N Camino Esquina also had a price cut today. It dropped a hundred bucks - from $475,000 to 474,900. (Listed by Clayton Farnsworth Realty)