Good eye and point about the condos/condo conversions DCRodgers. I never could believe the prices for the little detached homes on Meade between the freeways because of the traffic and location to El Cajon Blvd. These would definitely be good bellwethers too because so many of them sold at or near the peak. Some multiple times.
Really, like Mark, I couldn’t believe the prices for any of them in the area. South or Adams was almost on par with the north side and a little into Kensignton. Of course South of Adams had more room to gentrify and it did too, but the housing stock is for the most part shabbier and the traffic, both vehicular and foot, is worse.( I lived south of Adams and I am not knocking it, just observations.) Some people, myself included, like that it is a walking neighborhood. Especially as the walkers got less scary and less likely to mug someone.
People have talked about high prices for funky neighborhoods in Santa Monica or SF and others for decades so It will be interesting if something real puts the breaks on this time around.300k for that house would still be significant.