My observations have been that in the 2500 sf range, the $350/ft is pretty much the market. It seems the stuff that more routinely goes for down towards $300/ft are some the larger homes. (the larger homes in Ashley Falls area come to mind.) There are some exceptions for particular neighborhoods. Like the Lago Di Grata area. Those two dogs (I guess SDR flipped one of them) in there seemed to bring down the prices. I have a friend that will be listing his momentarily, and he’s hearing about $30 less per sq/ft than he was expecting. And the tiny little San Raphael development next door is lower.
But without weird little exceptions, most of CV in the 2200 to 2800 size range are most always +- $350/sq ft, and often higher unless there’s something wrong with the property, like noise due to proximity to the freeway.
Am I wrong here?
(And I have no idea about the Saratoga development. I don’t know any of the development names. I’ve lived here almost 10 years and I don’t even know what development I live in. Probably Carmel something-or-other :))
