Friday, November 28, 2008

2712 Highland Owner Prices Aggresively and Gets Buyer

2712 is located close to Victoria Beach and has good views of South Laguna. It's a large family sized home that appears to be very nice and very contemporary. Rather than price this property at the same high prices of other Laguna Beach home sellers, this seller decided to go in with a lower price. This strategy likely avoided months of languishing on the market and the home moved before the current credit crisis and economic downturn. In hindsight, this was a brilliant strategy.

It all worked for the seller. The property quickly sold for $1,875,000 - very close to the asking price. This sale goes a long way to shedding light on Laguna Beach home prices.

Other homes in this area are listed at prices over two million dollars. Yeah....good luck with those......

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