bsharma, it is a big county, it is not common knowledge that houses are selling for $100 a square because it is not common or reality. There are examples in certain areas but that is far from the rule. Palm springs, palm dessert, indian wells, la quinta, rancho mirage, you aren’t going to find 100 a square very easily. Hemet, Perris, yes you will find it. The city of Temecula is still $150 to $300 a square, 15 miles North, you may find some $100 examples but they are usually the larger square footage homes in undesirable locations and often outside the better school district ranges. It holds true for many areas of S.D. county, you wouldn’t say “why would anyone pay more per square foot to live in Rancho Bernardo when National City is cheaper.” Of those examples in the original post, they aren’t in the same city and thus are in different markets with different dynamics. It’s a county of 2 million, no market of that size can be given a price per square feet assumption. In addition the price per foot of a 1300 sq ft house cannot be compared to a 3,000 sq ft home, smaller ans single story homes are always higher per foot.
