Don't say I didn't warn all of you that homes were severely overpriced in 2005. Even at $500K this home will stay on the market for a while.Listing Price History:
Date Price
Nov 22, 2007 $650,000
Jan 24, 2008 $600,000
Feb 21, 2008 $500,000
Sunday, March 23, 2008
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2 comments:
Glad to see you back Bob.
Although I am seeing the prices start to come down in San Diego, it's not in the psyche of the typical San Diagan yet. And although 800K to 500K is quite a drop, it's not the norm. Yet.
Keep up the good work. Welcome back.
Prices have gone down significantly in newer home areas such as San Marcos, Chula Vista etc.
Buyer are unwilling to buy homes with high taxes, hoa's and mello-roos, that is the advatage the older area homes have in Carlsbad, Rancho Bernardo, etc and why the older areas can afford not to yield so quickly....but they will eventually!
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