XBoxBoy wrote:gzz

[Escoguy]

[quote=XBoxBoy][quote=gzz]Redfin defines “high end” in that link as averaging $440,000.

Perhaps this is the first SD bull market where the high end does better than the mid and low end, but I’d want to see SD specific data first.
[/quote]

In the article, if you scroll down there is a table with data for individual markets. San Diego:

Affordable – $485k sales 20% YoY price 9% YoY
Mid-Priced – $688k sales 28% YoY price 14% YoY
High-End – $1,050k sales 39% Yoy price 18% YoY[/quote]

If I filter zillow for 1BR+1BA up to 485K, 750 sf with a cap of $500/monthly HOA, there are only 159 homes on the market. then it basically looks like a 2 BR condo (1000 sf) for about 350K. At some point in the not too distant future, the low end market may not exist as defined here. Kind of sad to say that.