Condo costs in the greater Davis area

[duffless2323.livejournal.com]

Do any of you know the going rate for condos in the greater Davis area (by that I mean places where I could walk to Davis Square in under 20 min) but still be in a good/decentish area. I know right in the square would be very pricey - I'm just kind of exploring the idea with each rent check I flush down the toilet,  prices seem all over the place when I look on CL. 

What do you think would be a expected cost for 1 or 2 bed? Have any of you looked lately, if so what are you seeing?

Thanks

Comments

[rozasharn.livejournal.com]

The housing market will continue to decline for a few years, probably until about 2013. If the OP doesn't need to buy now, I advise banking every penny they can and buying with a down payment in a few years.

[somertricky.livejournal.com]

How far do you imagine housing costs falling? Say, for a multi-family within walking distance of Davis?

Also, do you foresee rents falling as well? If they don't, housing costs aren't going to fall quite as far as you'd think/like/hope.

[derekp.livejournal.com]

Not much. It's still a premo location and that has insulated the Davis area a bit. The good news is that prices aren't skyrocketing.