Got some time so hear are a few more closings from last 90 days. All are south of 56. I wont include any short sales so that case goes out the window also. While there are others that are below peak pricing I am only including those where the prior sale was during peak pricing period.
Bear in mind that these are all pretty strong cases for CV holding its value better than just about anywhere else in SD but in general it proves the market is not above peak there.
12662 Caminito Radiante sold for $772K in 1/2008 (already below peak) and just resold for $685K
3709 Torrey View Ct sold in 9/04 for $740K and just closed for $700K.
5302 Caminito Vista Lujo sold 5/04 for $890k and just closed for $735K.
10675 Heather Ridge Dr sold in 12/05 for $991K (new which doesnt factor in landscaping a huge lot)and just resold for $912K
5477 Shannon Ridge sold in 10/04 for $1.2M and just resold for $1.1M
Bottomline. CV is as strong as they come but still down 5 to 15% off peak. That in and of itself is impressive.