Written by Jim the Realtor

June 3, 2010

This youtube video tour of recent sales around 92130 starts with two detached 2,408sf condos in PHR that closed in the $600,000s.

In the peak era (2005-2007) when these were new, there were 24 of them that sold over $800,000. Yes, these two could be called outliers because one backs to the busy road and the other was an REO, but those are the comps now. It also shows how the price decline can move very slowly – it took four years for newer, ‘affordable’ product in CV to drop 15-20%. The Pardee march up the valley provides constant supply too, so expect pricing of these detached PHR condos to be sluggish at best.

The others show how the momentum continues for the million-dollar tract houses in Carmel Valley:

3 Comments

  1. Jim the Realtor

    Not my truck, but love the plate!

    My car purchase is proving to be quite elusive, much like buying a house.

    If you don’t mind paying retail and like a brand new product, just walk into a dealer/new tract. Otherwise, it takes time and work, and having to deal with crazy sellers!

  2. swm

    You should kill two birds with one stone and get one of those cool googlehttp://www.munsterfans.com/uploads/images/Patman/Google_car_1.JPG photo cars

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