226k in 95 for 2100 sq-ft house in SV is as expected. 2100 sq-ft house in CV goes for around 300k back then and 1500 sq-ft house in MM goes for around 150k at the time.
Since interest rate at the time were around 10%, you’re looking at payment of ~$2k/month for SV, ~$2600/month for CV, and $1300/month for MM house. If you reduce the interest back down to 6% like it is today, in order to achieve the same monthly payment, you’ll be looking at $350k for the SV house, $440k for the CV house, and $220k for the MM house. If you just add in 3% inflation, you might be able to guess where that # would be in today’s $. Personally, I take the monthly mortgage premium as a good measurement of how much more the high end will have to fall compare to the low end right now.
