The Extremes in the San Diego Real Estate Market
Every now and then I take a look at some of the extremes in the San Diego real estate market. I always find it fascinating to see which home for sale or that sold is the biggest, the most expensive (or least), or which sat on the market the longest.
Here are a few interesting tid bits about current listings and sales (based on what is reported in the MLS):
Most expensive listing (single family home) - $40,000,000
Most expensive listing (condo) - $6,795,000
Most expensive sale - $48,150,000 in Del Mar (2007)
Largest single family home – 23,787 SF for $16.5 million with 8 bedrooms and 11 baths (9 full)
Largest condo – 5,853 SF for $4.45 million
Largest home sole – about 50,000 SF way back in 1998. But more recently, for 2012 only, the largest home sold was 12,553 SF for $6.7million
Smallest single family home – 200 SF cinderblock cabin near the Mexico border
Smallest condo – 288 SF studio in San Diego
Most Bedrooms – 11 (2 homes currently listed) each with 12 full baths. One home has 43 rooms – the listing doesn’t state but no doubt there is at least 1 guest house.
Most expensive price/SF - $7,679/SF for a $21.5 million oceanfront home in Del Mar, although one might argue the 1460 SF bungalow in Rancho Santa Fe on multiple acres is the most expensive at $14,726 (the value IS the land)
Longest DOM (actives) – 2,826 days for a single family home (yes, as far as I can tell from the listing history, that is continuous time). A Del Mar oceanfront mansion on multiple acres has been on the MLS since August 2007 – it would have been the most expensive home sold if it had, at $76 million (now listed for only $33,900,000). I found a short sale that has been on the market for 1,274 days.
It’s also interesting how many errors you find when you look at the extremes. Like the home with 51,999 SF that sold for $186,000 with 4 BRs. The photo makes the home look to be about 2000 sf. And another with 122,217 SF and 4 BRs selling for $180K in 2002. One home has 93 bedrooms (and it ain’t the Hilton). One sold home took 4654 days to sell, supposedly. I suspect there’s a data error there. I think the 234 baths in one listing might be a mistake. What do you think?