I think you can still rely on the same markers we’ve used over the last year:
You did pretty good these days if you bought a quality house in Carlsbad for around $250/sf, and in Carmel Valley for $300/sf.
Today’s averages for April, 2010 detached closings are $285/sf for 67 sales in Carlsbad, and $342/sf for 24 sales in Carmel Valley. We’re pushing to buy at 10% or more below the average.
Here are some recent examples around Carlsbad: