There is definitely no shortage of bank financing right now for borrowers who can fully document their income and have the job history to qualify.
The FHA and conventional jumbo conforming loan limit in your area is $625,000. So to buy your property at $779,000 the buyer would have to put 20% down to purchase.
The above $500,000 market in CA is selling much more slowly because there is a much smaller pool of buyers that can put 20% down + have the fully documented income to qualify for the sizable loan payments on properties in the $700k+ range.
The below $400k market is very hot right now because buyers can put 3.5% down and get an FHA loan with very affordable payments.