Why do I sometimes see houses sold off-market for odd prices?

For example, here is a house that went on the market and sold last year (4/29/2021) for 2.465M. Then suddenly, I see that without going back on the market it’s marked as sold for 1.7M on 6/27/2022 (link).

This isn’t the first time I’ve seen oddities like that. Can someone help me understand what’s going on? Surely the previous buyer didn’t purchase a house for 2.465M and then later decide to offload it off-market to someone and lose about $700k in the process??

submitted by /u/anally_ExpressUrself
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For example, here is a house that went on the market and sold last year (4/29/2021) for 2.465M. Then suddenly, I see that without going back on the market it’s marked as sold for 1.7M on 6/27/2022 (link). This isn’t the first time I’ve seen oddities like that. Can someone help me understand what’s going on? Surely the previous buyer didn’t purchase a house for 2.465M and then later decide to offload it off-market to someone and lose about $700k in the process?? submitted by /u/anally_ExpressUrself [link] [comments]

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