Sometimes, sellers make mistakes.
Especially in a market like this one, where sellers can look back at a few years' worth of upward pricing momentum, see underlying strength in the market and the buyer pool, and get fixated on nabbing that big number that they always hoped their home might be worth.
Then reality intervenes. If there are no buyers at your dream price, the question becomes: Are we really sellers?
At 200 38th St. (3br/4ba, 1800 sqft.), a modern-style TH with nice views in El Porto, it looks like the sellers are answering, "Yes, actually, we'd like to be sellers."
You'll see in the property details here on MBC that the CDOM ("combined days on market") count is 89 as of this morning, even while this is a "new" listing as of Friday.