Hard to say if Stonebridge has bottomed out yet. I think the lower end of Stonebridge has indeed bottomed out or at least most all of the risk has been bled out. High end Stonebridge not so much.
Stonebridge verses 4S has always been an interesting comparison. IMO Stonebridge compares favorably if you only look at the home/lot. For many people however it does not work out as well. Bear in mind the following opinions I have heard over the years when I ask buyers to compare:
– Stonebridge is much harder to get in and out of.
– 4S has alot more infrastructure then Stonebridge
– Convenience of supermarkets etc is better in 4S.
– Commute to high tech is easier. (More Fwy)
Again these are simply various opinions and by far the majority of young couples I have worked with preferred 4S over Stonebridge. With that said these are simply opinions and I have not heard many Stonebridge homeowners ever complain. In fact there are a few Stonebridge residents on this blog and they like it.
In terms of the ppsf remember that many homes in older Scripps are much smaller and ppsf goes down as the size of the home goes up. There are some other factors such as proximity to freeways and simply getting in and out of Scripps that contribute to the ppsf as well.
