price per sq ft?
- Thread starter tulip_IHB
- Start date
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halfnote19_IHB
New member
I think that is a real hard question to answer since each area has its own pricing point. Newport Beach in general is going to sell a higher price per sq ft than in Irvine.
Here is my guess just using this one property, but to get a true idea I think you would have to use quiet a few properties.http://www.redfin.com/stingray/do/printable-listing?listing-id=1490868
This property sold for 251,000 in 1997 (which we all agree is before the bubble) for $134.72 a sq ft.
Inflation Rate$ / sq ftAsking Price
2%$167.52$312,086
3%$186.5$347,442
4%$207.41$386,402
Here is my guess just using this one property, but to get a true idea I think you would have to use quiet a few properties.http://www.redfin.com/stingray/do/printable-listing?listing-id=1490868
This property sold for 251,000 in 1997 (which we all agree is before the bubble) for $134.72 a sq ft.
Inflation Rate$ / sq ftAsking Price
2%$167.52$312,086
3%$186.5$347,442
4%$207.41$386,402