Dan, As you know, good portion of the housing stock in your neck of the woods went up more percentage wise than the rest of San Diego. 40% off, here and there, is not as significant. Many went up 300%- -400%-500% in a decade. I should probably prepare a better summary but I am skeptical of anything like a floor, in anything like broad terms for the central urban areas. 92104,92114,92113, some areas of 92102 look a little more like real buyer’s markets if you are including those. You must be to draw such conclusions?
92103 Det, active,pending
78/18
Five or more have been pending for more than 6 months.Condos are not doing well either.
92116 Det/Active,pending 78/28
Be very wary of condos in 92116. They have fallen quickly for good reasons. One should only take some of these things at rock bottom prices if at all IMO.
I also am qualified to make anecdotal guesses on this area as I lived in , owned,shopped, built,bought and sold a few places there beginning in the mid 80’s until 2004. Pain train is likely still coming for many properties.
