Saratoga West (the white 1970’s era condo’s looking over the race track from the north) units are also feeling the settle in Solana Beach. Last summer the top ones with the best view were going for 1 mil-ish, the middle ones (my row) for up to 800K, and the bottom ones for 600K. anywhere from 8-12 units currently on and off the market, I think one sold.
A neighbor tried to put his mid level 2/2 on the market for 890K in Jan, still has not sold, though the list price has adjusted up and down monthly. (Low of 800K – then back to 850-ish) This guy has gone thru about 6 realitors over this time frame.
A couple of weeks ago, a top level 2/2 went on the market for 750K – apparently an out of state owner that just wants to get rid of it. I suspect this will crush comps in the complex.
