That’s finally a home priced at over a million has gone to contract and broken our 14 day dry spell. Though I may be jumping the gun here because I’ve got a feeling this one went for under a mil. Just a feeling. And finally this long in the tooth spec home has gone to contract. jeez.
5910 N Mina Vista, first listed in January 2007 for $1,795,000, went to contract today listed at $1,160,000($225/sf) as a short sale.
This was part of that original crop of specs - most of which sold last year through foreclosure or short sale - that appeared early on, just as the fizz was going out of the boom.
But I never thought this was a terrible house and am surprised that it had to sink this low before a buyer bit. But who knows, maybe they turned down offers that they would now kill for.
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