It wasn't that long ago we were remarking about decent one and two bedroom condos under $400,000. Single family homes under $300,000 anywhere in this region are still an anomoly. UH does seem to be holding onto higher asking prices and valuations, though, especially compared to neighboring North Park and pockets a little further east.

Thanks for your comments. I have actually been watching that particular property for a while. If it comes down anywhere near $175,000 I'll put a shout out. If you catch it falling first let me know.

It seems to me that $415/sqf for a shoebox in University Heights is not a jaw-dropping deal. When it breaches $200K, it begins to get into plausible territory. When it breaches $175K, it actually might make sense.

The past sales data says it last sold for $345,000 on 1/18/08 but you're still correct. You'll need to follow the link to the complete listing data though I note that the immediate past sale was also for $345,000 on 8/27/04. This is one unit in a complex and it looks like this was the model. I'm purely speculating, but perhaps its ownership was transferred in a way that didn't affect it's listing status. Just guessing, don't know for sure.

I don't understand - how could Oregon Street have sold on 2/18/08 and also have been on Redfin 141 days, that doesn't add up. It seems like both of these must have sold in '07 at the previous prices listed... ?