Saturday, July 12, 2008 at 05:57AM
More 92130 - D Hill Pricing
Here is the list of upgrades with costs on one of six houses currently for sale at Derby Hill, with approximately 16 other homes to be released in the last two phases before closing out the tract.
It was mentioned yesterday that pricing peaked in 92130 in 2006 or so. Here are the sales prices of the same 3,505 sf plan when new - Pardee hasn't budged much:
5323 Foxhound $1,154,000 5/06
10734 Cherry Hill $1,259,500 10/06
11384 Mustang Ridge $1,269,500 11/06
5290 Foxhound $1,103,000 12/06
11400 Arabian Crest $1,211,500 5/07
5274 Birch Hill $1,292,500 1/08
10791 Heather Ridge $1,299,000 3/08
5249 Amber View $1,596,500 6/08
The last three look like premium canyon-view lots on the map.
There is one NOD filed in Derby Hill currently, on a property that was 96% financed when purchased in 2005. If that one or any others end up being bank-owned, once listed for sale as an REO I'd imagine they would fly off the market - the remaining 160 people on the builders' waiting list would jump at a chance to get a 'bank deal' in Derby Hill.
Jim the Realtor
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Reader Comments (5)
$8,000 for stair railing. Actually, that's cheap compared to the $14,000 railing at Dolcetto in La Costa Ridge. The first time I saw one of these, I laughed. Yet, the mob couldn't help but look right past it.
$700 for a dimmer switch? Sure! Backs to cheaper houses? Power lines? Freeway? Prison? Who cares?! Look, they gave us the doors for free!
I just installed a new ceiling fan and took a dimmer switch out to replace it with the fan controller. If anyone in Derby Hill wants it for half price I'll even deliver it!
Is that rate still good as of Fannie-Freddie Friday? What bank?
It seems like rates spiked Friday.
oops... ignore that comment. meant for other thread.
GeneK: hilarious. $700 for 4 dimmer switches...