It was last year when Olivenhain homes selling for $3,000,000+ became a regular occurance.
This house?
2019: $2,310,000
2023: $3,965,000 (+72%)
Here is a glimpse:
There were two new Olivenhain listings today that were priced over $5,000,000!
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And if it sells for 10% less than asking….see? See? CRASHING! It’s like government budgets. Agency X asks for an increase of 15% over the previous year and it gets 5% instead and screams WE JUST GOT A DRACONIAN CUT of 10%!!! PEOPLE WILL DIE!!! And more than half of the country falls for it. Like clockwork.