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Coastal Market Report··77 seconds

701 Days in Wellen Park: What a Resale Taught Us

What does a 701-day Wysteria listing teach a Wellen Park seller?

What does a 701-day Wysteria listing teach a Wellen Park seller?

The October 7 episode follows a 2023 Wysteria home from a $500,000 initial ask to a $370,000 closing after a reported 701 days. A similar-age Antigua home closed for $355,000 in 38 days. The comparison makes the starting price and the choice of comparable homes central questions.

The evidence in this episode

Reported in Team Renick’s October 7, 2026 episode. Figures belong to that reporting period.
Wysteria original asking price$500,000
Reported interim asking prices$435,000, then $415,000
Wysteria closed result$370,000 after a reported 701 days
Antigua comparisonSame build year; $355,000 closed price; 38 days

A home being almost new does not establish the price a buyer will pay. A resale competes with both other resales and the available builder offer. The useful exercise is to identify what comparable buyers actually purchased, then account for meaningful differences in lot, layout, condition, improvements, and terms.

How to apply it to your decision

1. Build the comparison before selecting the asking price

Review relevant closed properties and the current competing homes. Explain why each is a useful comparison rather than relying only on age or a community name.

2. Set a process for responding to market feedback

Track qualified showings, questions, objections, and competing inventory. Reassess the position when evidence changes rather than waiting for a particular elapsed-time milestone.

3. Verify the listing history

Check original listing, relisting, contract, and closing dates in the property record. The video reports 701 days; that number should not be reconstructed from the publication date alone.

What this comparison can—and cannot—tell you

The two homes are illustrative, not identical. The episode cannot prove that starting price alone caused the difference in timing, and neither transaction is presented as Team Renick's own sale.

Jump to a topic in the video

Continue your Wellen Park research

Source and reporting date. Team Renick’s original Coastal Market Report episode and published description ↗, October 7, 2026, TR-1007-CR-1. This written companion summarizes that source and explains how to use the comparison; it is not a verbatim transcript or a fresh calculation of the underlying market data.

Sales and inventory figures describe market activity, not Team Renick’s personal transaction record. For today’s conditions, view the Wellen Park market report ↗ and check the specific properties you are considering.

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