I think my neighborhood (Clairemont) is a little stickier coming down than the general county numbers show. I checked comps on a house I sold last year ($575K) and it hasn’t come down very much at all – maybe 2%. I thought it was down 5%-7% or so but the comps show different. If I were to sell it now, I think I would price it at $535, though, just to make sure I was coming in low.
Just shows that downtown condos, new north county McMansions and established centrally located neighborhoods will react differently at different times.
