Just to be clear I meant things are selling well and close to peak in many cases (within 10%) but not quite at peak. There are exceptions like some of those big newer homes on premium canyon lots.
I’m too busy to go into great analysis on this but check out Sausalito for example. 10821 Calle Mar De Mariposa sold in June 2004 for $820,000. Thats a true peak sale. It resold last year for $694,000 and would sell today for roughly that. Here’s another at 10820 Corte De Marin that sold for $700,000 in 5/05 and just resold for $649K in 2/12.
I could pull up examples like this all day if I had the time.
