Case studies: Wateridge (Update)

In case you've forgotten:
Wateridge is a nice 254-unit complex in Sorrento Valley (San Diego, 92121 ZIP code) built in 1998-2000.

We looked at four recent sales, of which the average price per sq ft was: $357

Now here's an update on some of the places that were featured:

10242 Wateridge Circle #194
3 bed, 2.5 bath, 1,553 sq ft
Sales history: 11/18/1998: $219,808
List price: $499,000-$520,000
SOLD 4/4/07: $490,000 ($316 per sq ft)


Other recent sales:
20620 Wateridge Circle #222
3 bed, 2.5 bath, 1,553 sq ft
Sales History: 11/30/1998: $223,990
SOLD 4/24/07: $500,000 ($322 per sq ft)

Featured properties still on the market/unsold:
10368 Wateridge Circle #330
2 bed, 2.5 bath, 1,148 sq ft
DOM: 93 MLS #: 078014555
Sales history: 05/24/2002: $324,000
Current price: $444,000-$464,000
$425,000-$445,000



0354 Wateridge Circle #314
3 bed, 2.5 bath, 1,390 sq ft
DOM: 278
MLS #: 066072228
Sales history:

07/12/2002:	$360,000
07/23/1999:	$222,990

Current price: $499,888; $450,000

10186 Wateridge Circle #151
2 bed, 2.5 bath, 1,148 sq ft
DOM: 132 MLS #: INACTIVE
Sales history:

09/14/2005:	$515,000
05/24/2002:	$319,909

Ending price: $464,000-$484,000
No sales info from Zillow

Newer listings:
10340 Wateridge Circle #305
3 bed, 2.5 bath, 1,390 sq ft
DOM: 38 MLS #: 071030988
Sales History:

02/11/2002:	$326,000
07/30/1999:	$229,265

Current price: $485,000


10158 Wateridge Circle #136
3 bed, 2.5 bath, 1,390 sq ft
DOM: 78 MLS #:076019058 (EXPIRED)
Price: $508,000 $490,000
New listing:
DOM: 17 MLS #: 076036865
Current price: $490,000



Average price per sq ft is down from $357...the last two sales averaged about $319. More to come on this neighborhood as things unfold.