Since the last peak, there has been one house in this neighborhood sell over $1,000,000 – and it was a month ago for $1,040,000.  So this seller adapted a typical strategy for today – spread a big range around the last comp:

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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