[quote=sdrealtor] I sold a encinitas townhouse in 1999 for about 250K and today it wouldnt sell for 400K. You will have to trust me on this one. Prices really are only up a little over 50% nominally around her in the last decade.[/quote]

I’ve compiled a list of houses in your three zip codes (I threw in 92007 as well) that sold in 1999 and then in 2009-10. There were about a hundred of them. Here’s an Excel plot of their prices, for your viewing pleasure:

[img_assist|nid=12731|title=|desc=|link=node|align=left|width=100|height=78]

But you can certainly argue that 90% of those houses were remodelled to some extent during the last 10 years.