So what the story of big diff in list to sell price in Warren ?

[Sam Hanaa]

I have noticed many properties get sold under their list price by around 30%, which make me wonder if this is a trend in Warren and Sterling Heights or it is just with some properties . For example There was condo for sell listed under 59K , and I was surprised it was sold for something around 40K , and the condo seem good. Should I expect many buyers will accept 30% discounted offer in Warren and Sterling Heights ? 

I live in Canada and here usually homes go either on same asking price or around it.