Old listing (but new price)
/88 Cedar Cliff Road, Riverside, started at a hefty $25.5 — add the extra 5 for value — million in April, 2022, and today dropped to $13.995. It’s a fabulous house, on an excellent street, and I’m surprised it didn’t sell at one of the other, higher price points before this.’
But it didn’t; that initial price killed it, and now the dreaded real estate stigma has attached itself to it: stale.