Sunday, December 16, 2007

Let's do the Time Warp again

Let's do the Time Warp again in Chino Hills. It looks like Chino has warped back to 2004. How long before 2003 prices start to show up again?

Purchased 5/2005 for $440k
For sale 10/2007 for $449K

2937 Crape Myrtle CRK, Chino Hills, CA 91709
This one requires a little extrapolation (guess at 2004 price)

Purchased 4/2003 for $310K
For Sale 2/2007, now at $399K ( He started at $509K)

Of course by the time these actually sell they might be at 2003 prices.....or 2002....or.....


nmoerbeek said...

The thing I cant stand about chino hills are that some of the tract homes are just as expensive as the McMansions. It makes no sense to me.

InlandEmpirex said...

I think Chino Hills is still way overpriced. Though, many larger houses (2000sf+) in the best area are starting to sell at $250/sf. I still expect them to go down another 20% or so..

Anonymous said...

It's fun to piss off a Chino Hills resident by calling their neighborhood Chino instead.

I can't stand unwarranted snobbery.