Same question, I suppose: the house, or the market?

7 Willowmere Avenue

7 Willowmere Avenue, in Riverside, sold for $2,387,500 in 2004, but just $2.250 this time. I didn't view it during this sales cycle, but I remember it back in 2004 as a good house inside - 1930s charm - with an unfortunate exterior, and it doesn't appear as though much changed since then. 

There are some areas of town where (only) a modest dip from a 2004 price would be seen as a good sign, but 7 Willowmere is in the heart of classic Riverside, which has been a strong market these past five years or so. Did any readers have a chance to see this property?