Heh, something like that. Having lived in the Bay Area for 25+ years one can see the signs of a "tech recession"[1] pretty clearly. And one of the signs is a softness in the really expensive houses. That said, a house near by that was listed for $1.75M sold in its first week, not because it had to wait a week (it had offers the first day it was open, my wife and I walked through it) but because the realtor was giving everyone a chance to over bid (more money, fewer contingencies, Etc). So until you've got things on the market for a month (so at least 2 weekends where it has been open for viewing and not sold) you know that the recession isn't in "full swing" yet. When I bought my place in '91 it had been on the market for a year and had three price reductions. That was a more serious recession.
[1] That is what folks call a slowdown in hiring/valuations/exits of the "technology" companies.