Here is a selection of REO sales closed in 2008, and their previous sales prices:
| Street Address and Town   | Previous Sales Price   | Latest SP     | % chg |
| 3500 Corte Romero, CBD | 2006 - $963,000 | $790,000 | -18% |
| 7291 Pas Capuchina CBD | 2005 - $995,000 | $961,000 | -3% |
| 1516 Sapphire, CBD | 2004 - $765,000 | $625,000 | -18% |
| 1079 Cottage, Enc | 2004 - $587,000 | $540,000 | -8% |
| 270 Caliban, Enc | 2004 - $530,000 | $550,000 | +4% |
| 28443 Cerveza, Esc | 2005 - $920,000 | $745,000 | -19% |
| 2725 Alexander, Esc | 2006 - $635,000 | $511,500 | -20% |
| 3334 Terrace, OSD | 2003 - $612,000 | $560,000 | -8% |
| 4905 Colusa, OSD | 2005 - $640,000 | $576,000 | -8% |
| 616 Yarrow, SMar | 2005 - $658,500 | $509,500 | -22% |
| 693 Saddleback, SMar | 2006 - $675,000 | $515,000 | -22% |
| 886 First Light, SMar | 2005 - $725,000 | $540,000 | -26% |
| 11357 Carmel Crk, CV | 2004 - $780,000 | $646,500 | -17% |
| 12791 Briarcrest, CV | 2006 - $876,000 | $800,000 | -9% |
| 6035 Roselle Mdws, CV | 2005 - $862,000 | $690,000 | -20% |
| 12656 Cam Radiante, CV | 2006 - $1,100,000 | $795,000 | -28% |
| 6515 Cmto Stella, CV | 2005 - $2,035,000 | $1,625,000 | -20% |
| 6473 Mesa Norte, CV | 2005 - $2,275,000 | $1,775,000 | -22% |
| Combined Avg | $924,055 | $764,111 | -17% |
These are lender-owned properties that started with an 'aggressive' original list price, and if it didn't work, they usually start reducing quickly. If you are selling and don't adopt the same strategy, expect that your results will suffer.