I sold a rental house in Clairemont in August 2005.
I’m sure that I could not get that price in today’s market. I would say the market in the 92117 zip code has dropped 5% to 10% since then.
There were 11 houses TOTAL for sale in this zip code at some point in 2004 – I don’t remember when. There were 90 for sale in August when I sold. Not sure how many now – anyone? anyone?
The sold home is across the street from my home. We saw Realtors or appraisers drive by taking pictures of the house six months after the sale, trying to use it as a comp.
And I’m not just making that up. I swear, I’m not.