Everyone will have their own opinion on this. I’m no expert, just learning from here. For me, I think of Clairemont or North Park/Normal Heights as average areas. Within those communities there is fluctuation in price from street to street.
I would say downtown is overbuilt and over-priced. Many units sitting empty and prices are coming down.
Holding steady is Foreclosure Ranch and Del Servitude. Definitely built a lot out there. Prices are starting to come down. I would say that is an upper-end area. Places like Poison Ivy Gate are seeing foreclosures. Hit and miss up there, but I’m seeing prices getting reduced, more so than Carmel Valley.
LJ is slowly seeing some reductions. I guess for high-end at the beach, they will suffer the least.
Hopefully others will comment more about North County or South County, or even East.
