Are you talking about those brown-colored condos on Mt. Alifan? I saw that price and it seemed a little low considering all the amenities that were offered. I say low, considering that down the street at Village Square there are 2BR/2BA units with fewer amenities and less parking, selling for close to 200K! And those are older condos, too!
I’d be surprised if the lender lets them go for that low but some of the real estate agents and loan consultants here may disagree and say that the market still has more distance to fall lower, even in such a convenient area as Clairemont.
Probably there will be a lot of offers on that low-priced short sale.