It dropped really quickly last year, we first talked about selling in July and by the time it was on the market in September we had to drop 60k off the asking price. It turned out ok as we bought in the same area so got this house for a lot less, we sold quickly but this house was on the market for 6 months and with three agents. The owner had over capitalized on the renovations so she barely made any money, she wanted a lot more but no one was prepared to pay it.