In St. Andrews heights, there is currently a Bungalow listed for $905,000, which is a 15% drop from its Sept 2014 sale price.
Its interesting (and heart breaking) as this is a real measurable drop in a highly desirable community. Not simply a drop in the list price or something like that, but actual sold price to current list price.
Weird thing is, if houses like this hit the market in increased numbers, the average selling prices goes up. May has had the 2nd highest $1 million + homes sold ever, and we have something like -30% total sales from 2 years ago.
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