I'm not the best person to ask, and prices seem to have defintiely hit a ceiling, may be only temporarily. My house is about 2,000 sq. ft. with a 9000 sq ft lot, and it could sell for between 410 and 450,000, probably. Considering 5 years ago we paid 180,000, we can't complain. I just got a call from a new track where a house we liked fell out of escrow. It's a dream house, 3000+ sq ft specatular view on a four house cul de sac with upgrades for 550,000. That's what you pay for a only decent house in L.A. county.
Thanks for this info. Currently property in Eagle Rock is high. Home across from us sold for 1.2mil.....and a average 2+2bath home is going for $600,000!! We need to take a drive back out to Temecula.