I have looked at the sales history. 1996-98 price + 40% would be about $180k. This unit is almost 1700 sf, in a reasonably good area. Yes, I know – it IS Escondido, and I do agree with the generally negative opinions about it, but I’m pretty well stuck here.
Units this size were selling in late 2002 for $225-$250. The high was actually ~$475k, in ’06. Last sale in the complex closed on Dec. 27, a smaller unit, at $310k, and two in Nov., one at $297k (sf unknown), and a very small one (988sf)at $208K. Ridiculous? You betcha!!
