Description: An Insider's Guide to North San Diego County's Coastal Real Estate
by Jim the Realtor | May 10, 2023 | 2023 , Carlsbad , Encinitas , Frenzy , Jim's Take on the Market , Why You Should List With Jim | 0 comments
We closed escrow yesterday in La Costa Valley! The seller is a bubbleinfo reader so obviously we have analyzed our results carefully over the last month. We felt that we did everything right in preparing what we thought was a superior home in the tract and utilized an attractive price, but it wasn’t enough to set off a wild bidding war like back in the frenzy days.
We received five offers, but when presented with the opportunity to submit their highest-and-best price, NONE of the buyers were willing to go up. It made this sales price feel like full retail and differ greatly from the covid-frenzy ultra-low interest rate days when buyers were desperate and would pay any price to win.