Price Slash Limbo in Orange, Santa Ana, and Tustin

How low can you go? This week’s price reductions have me thinking of a good old game of limbo. Maybe it’s not a question of how low these sellers below will go, but more of how low will the market go? Philosophical thought aside, below are the details for the price slashes of the week.
2168 North Bailey Dr, Orange 92867
3 bed/1.5 bath; 3,000 sq ft; Price reduced from $1,595,000 to $1,400,000
1531 Martingale Pl, North Tustin 92705
4 bed/3 bath; 2,800 sq ft; Price reduced from $1,249,000 to $1,229,000
2836 North Sawgrass Dr, Santa Ana 92706
5 bed/3 bath; 3,400 sq ft; Price reduced from $949,000 to $899,000
12871 Barrett Ln, North Tustin 92705
2 bed/2 bath; 1,516 sq ft; Price reduced from $890,000 to $839,900
1610 South Douglas St, Santa Ana 92704
4 bed/2 bath; 1,467 sq ft; Price reduced from $659,900 to $639,000
302 West Saint Gertrude Pl, Santa Ana 92707
3 bed/1 bath; 1,482 sq ft; Price reduced from $595,000 to $565,000
364 North Magnolia St, Orange 92866
3 bed/1 bath; 1,291 sq ft; Price reduced from $629,997 to $550,000
2116 East Villa Vista Way, Orange 92867
3 bed/1.75 bath; 1,583 sq ft; Price reduced from $599,999 to $549,999
2237 East Walnut Ave, Orange 92867
3 bed/1 bath; 1,066 sq ft; Price reduced from $520,000 to $500,000