What was the sale price?

Asked by Loftus, 23693 Sat Feb 14, 2009

This question is about this property: http://www.trulia.com/homes/Virginia/Williamsburg/sold/98067…

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Sat Feb 14, 2009
The sale price has not yet been posted to the MLS. Most likely it hasn't closed yet. The last list price was $700K, and this one started at $890,000 in April '08. That price was off the wall, really. Overpricing in this market is so dangerous. We are seeing by the far the longest market time and the largest discounts with homes that are significantly overpriced in the beginning. When this one went under contract, it truly was one of the very best deals in the neighborhood.
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