[quote=bearishgurl]
Is the $4.5M home you posted about in Carmel Valley located in a tract subdivision?[/quote]
$4.5 million isn’t usually tracts. Alta Del Mar is partially considered non-custom. They run probably starting around $2million, some are non-custom built by pardee. Some are custom…
Anyway, not sure what you’re trying to get at. Derby Hills in Pardee is tract homes, and while I don’t go door to door asking what people’s net worth is, I would assume some of them are in the 8 digit net worth bracket that like living in Derby Hills. Those run anywhere from $1.2-$1.5/6 and Pardee never had a problem selling most of them with the exception of a blip during 2009/10
Anyway, whatever. I’m not in the 8 digit bracket, and I live in a ghetto box. So there. And my point was, if I can afford to live here, I’m sure someone in an 8 digit bracket can. So I’m not sure why folks in an 8 digit bracket would be blink about a 2600 sqft home sold in 1.1 million back in 2011 being considered expensive, especially given the location, that particular home, etc. There’s probably some correlation for why people are in the 8 digit bracket being in CA versus somewhere else. In as much as worker-bees have better salaries here then elsewhere too, so it cuts both ways.
