[quote=jpinpb]
There were a lot of crazy sales during the bubble. 92103 is still holding on compared to other areas w/their median/average around $473 psf.
Edit – came across one more in 92103. 1432 Bush sold in 2007 for 825k. They listed it in January for 825k. Now listed for 660k-680k. Took them a year to reconsider their initial price.
Reductions are coming.[/quote]
Now I see why you’re complaining. This house sold for $139k in 1986 for crying out loud. This house: http://www.sdlookup.com/MLS-090042193-10444_Flanders_Cove_San_Diego_CA_92126 in Mira Mesa sold for $11k less 3 years earlier. Which mean it probably would have sold for around the same price in 1986. Even at 1432 Bush’s currently list price, I still think it’s too much. Seeing how much it was worth in 1986, I don’t think it’s worth much more than $500k. The $679k they’re asking now was probably how much the MM house sold for at peak.
