[quote=sdrealtor][quote=flu]Not really… This community featured is Saratoga/ Derby Hills…. One of the most sought after areas.[/quote]
Exactly. While pricing is very strong and closer to peak than other areas this is one small niche in a larger market and not an accurate statement for the overall market there.[/quote]
Not sure if I agree with that. Unless by “small niche,” you’re talking about everything south of the 56. It’s harder to compare Lexington and Belmont to peak prices, because they sold (new) before the peak. Here’s a few that sold recently that were, in my opinion, at or near peak pricing:
These are mildly cherry-picked. But really, only mildly. The point is that it’s not really a small niche that’s selling well. In fact, I’d say that the majority of what’s selling south of the 56 is at or near peak pricing.
As far as north of the 56, I don’t know; I don’t really follow that. Possibly things there are the same.
