Unsold in 60 Days? What are You Complaining About!
Tired of waiting for your property to sell? Sorry Charlie. Suck it up, take it in stride, deal. That’s just the way it’s going to be for a while. That is unless you don’t mind bringing your asking price (and expectations) down to earth. Subterranean even.
I don’t think I’ll be giving away any national secrets when I say that real estate sales are the molasses of the economy. The acquisition race is a whisper in the history books and fear has caused massive stagnation. I know it’s little consolation and forgive me if I sound trite, but you are truly not alone. There are more mice than sheep in the market but there are some good things you can do to break away from the pack.
On Redfin 60+ Days:
3659 4th Avenue #8 - 1960 condominium in Hillcrest with two beds, 1 bath. Asking $299,000 ($348 per square foot). Last sold for $142,000 on August 1, 2000. Its Zestimate is $340,500 and its eppraisal is $293,001. On Redfin 74 days.
3815 Swift Avenue – 1918 single family home in North Park with two beds, 1 bath. Asking $259,900 ($371 per square foot). Last sold for $304,254 on August 10, 2006. Its Zestimate is $314,000 and its eppraisal is $379,772. On Redfin 66 days.
On Redfin 90+ Days:
4549 Saratoga Avenue – 1939 single family home in Ocean Beach with two beds, 1 bath. Asking $739,000 ($851 per square foot). Its Zestimate is $618,000 and its eppraisal is $683,093. On Redfin 92 days.
3025 Bancroft – 1925 single family home in North Park with three beds, two baths. Asking $685,000 ($556 per square foot). Its Zestimate is $461,500 and its eppraisal is $685,115. On Redfin 95 days.
On Redfin 120+ Days:
4677 Pescadero Avenue – 1948 single family home in Ocean Beach with two beds, 1 bath. Asking $850,000 ($979 per square foot). Last sold for $826,500 on October 18, 2005. Its Zestimate is $647,000 and its eppraisal is $986,875. On Redfin 211 days.
3802 Herbert Street – 2007 condominium in Hillcrest with three beds, three and half baths. Asking $919,000 ($478 per square foot). Its Zestimate is $800,656 and its eppraisal is $800,656. On Redfin 144 days.
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San Diego Real Estate Watch: An Ode to Dr. Seuss
San Diego Real Estate in Troubled Waters: SOS! Abandon Ship! Mayday Mayday! We’re Going Down!
