Frenzy of the Month

Written by Jim the Realtor

February 25, 2021

This is the property where the listing agent received 50+ phone calls in the first 24 hours on the market.

She raised the list price from $1,595,000 to $1,795,000, but the bidding war persisted.

Ten offers were submitted, and it sold for $2,060,000 cash, or 29% above the original list price!

https://www.realtor.com/realestateandhomes-detail/3212-Circa-de-Tierra_Encinitas_CA_92024_M28960-15742

Hopefully the new owner will split the lot and build $3M homes so more can enjoy.

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1 Comment

  1. The Old Man

    Thats a hell of a bidding war! Price $500K over asking! Ever have one that crazy? Whats your craziest one?

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