Just ran a quick report on CV ZIP (92130) for the last 4 days. 1 New Listing 2 Fell out of escrow 8 Went into escrow 3 closed escrow Does that look like a weak market to anyone? It looks pretty hott to moi!
sdrealtor, I don't have access to get real sales history since I'm not an agent. But do me a favor.
Please search for sales history on all Crest at Del Mar Townhomes in 92130 since 2004. The address should be 124XX 125XX , 126XX, El Camino Real on 3 bedroom places.
There's basically three floor plans: 3bd/2.5bath 1533, 3/2.5 1564, and 3bd/3bath 1584.
The 1533 and 1564 sqft plan sold at peak between $620k-$640k (depending on upgrades).
The 1584sqft plan saw $660k-$70k if i remember.
Current sales history are as follow:
12559 EL CAMINO REAL E
92130
571,000
3
3
1584
360.48
1998
2/13/2007
12611 EL CAMINO REAL E
92130
575,000
3
2.5
1564
367.65
1998
1/18/2007
12545 EL CAMINO REAL F
92130
605,000
3
3
1584
381.94
1998
3/27/2007
Nothing wrong with this complex. It's actually quite nice imho. Just it appears it's softening. Also, it didn't help that around that place Pell Place went up, Carmel Pointe and the Heights converted.
Also pull up sales history for Palacio. Those home have fallen too if i recall.
..I have not seen a great hemoraging in SFH in Torrey Hills (yet). Some people overpaid possibly at Sausalito (I recall 1-2 folks paid over $800k for these homes in 2005).
Also, note: I’m not one of these folks who are disgruntled either way. I bought here in 92130 in 2004. And you know what I don’t care if my home falls 20-30%+ because I can afford it and it satisfies my material needs. Yes, I would love for a sucker to offer $1.3million for my place, but I don’t think anyone can deny that prices are flatlined here and attached homes/and some sfh in crappy locations have started to weaken. I can say this because even as current owner, I go to about every open house in the TH area when I can.