I’ll put some real examples we can bookmark. Deadzone has guaranteed we will see prices at least below these levels. I have said zero chance.
This is a fully remodelled top to bottom (I saw it being done) 4/2.5 1986 SF twin home in Encinitas on perhaps the best street in this community. It sold right before pandemic for $819K. Same unit also remodelled across the street just sold for $1.45M
This one story in one of the nicer communities along the coast a 4/3.5 2722 sf home in S Carlsbad sold for $1.24M right before the pandemic. Same model directly across the street just sold for $2.225M
For good measure lets throw one from Mira Mesa in. This 4/2 1320 sf one story completely gutted and remodelled sold for $630K right before the pandemic. A slightly bigger (1366 sf) 4/2 in a little nicer spot a few blocks away recently closed for $1.055M
