Do you all think this area appreciated heavily in the last few years because of its location by the beach and the fact that there are very few condos right on the beach either in Del Mar, Solana Beach or Encinitas? Maybe the seller thinks that because there are no more apartments being built at the beach, that he/she can command a high price. I can understand how Mira Mesa or other inland communities had run ups in prices due to the common man frenzy and subprime loans etc, but it’s interesting in an upscale area like this what transpired.
