[quote=AN]Wow, someone actually paid $944k for a house that was sold for $204k in 1985? This house was sold for $212k in 1985: http://www.sdlookup.com/MLS-100011141-3007_Cadencia_St_Carlsbad_CA_92009 and in 2005, it only got up to $770k. So, whoever bought that house for $944k must be on crack.[/quote]
There were a lot of crazy sales during the bubble. 92103 is still holding on compared to other areas w/their median/average around $473 psf.
Edit – came across one more in 92103. 1432 Bush sold in 2007 for 825k. They listed it in January for 825k. Now listed for 660k-680k. Took them a year to reconsider their initial price.