We added all new hardwoods throughout, carpet in the bedrooms, new in kitchen, new master bathroom vanity with marble and new paint throughout.

There was a pattern & we decided that we had enough.

Is waiting just a PATTERN that has shown up in your life over and over?

@Julie Hill what @Jason Cory said above is 100% correct, the zoning has most likely changed around the home and cities do this to create development patterns that they want to see. 

From what I can see, only a small percentage of properties are actually selling, relative to the number listed.We are around the same area (LA here) so this caught my attention because I also noticed a pattern on a bunch of re-listings for the same property with (as you mentioned) ridiculously small decreases on the price.  

Inventory was down in Austin slightly compared to this time last year at 1.6 months.So, despite the pandemic and shelter-in-place orders, April 2020 continued the familiar overall pattern in the Austin metro of low inventory, high buyer demand, and rising home prices.

I've found it to be a good solution for ugly cultured marble bathroom vanities as well.  

Technically you'd have to run an IRR analysis and then compare on that basis.When you focus on one type of property in one town you will quickly start to see tha patterns.

Over many years I found SFR attract a more stable 'clientele' whereas those in MF's act more like 'inmates', that may exhibit classic passive aggressive, agnostic behavior patterns between each other.

Other details that are sometimes used in a valley are a weave pattern or California Cut.