[quote=sdrealtor]This has got to be some kind of record. I just got a referral for someone up in Murrieta with a 3300 sq ft McMansion. They are selling for about $230K which works out to $70/sq ft.

Needless to say I wont be wasting my efforts on that market.

Can anyone beat $70/sq ft?[/quote]
Gotta be in the Mapleton area or the area just west of the airport. Stuff in Murrieta is much cheaper there.

Don’t know the deal here, but looks to be a short for $55/sq ft.
http://www.redfin.com/CA/MURRIETA/36789-Maxmillian-Ave-92563/home/18672035

Here’s another short at $66:
http://www.redfin.com/CA/Murrieta/29674-Maxmillian-Ave-92563/home/12518533

This one says lender approved at $69:
http://www.redfin.com/CA/Murrieta/29200-Wrangler-Dr-92563/home/8155408

I’ve seen a couple under $70/sq ft on redfin, but the good ones appear to get gobbled up pretty quick.