San Diego Money – Recent Sales of Million Dollar Digs
Last week, I promised to showcase some recent million dollar real estate buys and I am nothing if not a woman of my word. There is wealth in San Diego and this is a highly desirable place to live despite its still over-inflated real estate prices. You can read my past posts about great deals, steals and depreciations for some fantastic falling prices on homes here. Still, the cost of housing is high and the market is tight. There is precious little infill inventory and developments continue to increase in density. Population growth remains concentrated to the north and south of the city center and the most sought after neighborhoods are tough to infiltrate for the average homebuyer. Still, not everyone falls into that segment of the population and some are fortunate enough to be able to invest in prime San Diego real estate. Here are a few that beat the odds.
- 1945 2,958 square foot home with 6 bedrooms and 3 baths
- Sold for $1,006,206 on October 9, 2007
- Depreciated from its immediate past purchase price of $1,200,000
- 1945 4,568 square foot home with 3 bedrooms and 4 baths
- Sold for $2,000,000 on October 26, 2007
- Appreciated from its immeidate past purchase price of $900,000
- 1956 2,010 square foot home with 3 bedrooms and 5 baths
- Sold for $1,222,500 on October 29, 2007
- Appreciated from its immediate past purchase price of $740,000
