It's impossible to put a finite number on a community in general. Some parts of some communities have dropped more than others. It depends on the exact location of the home in a community, the physical condition of the house, etc. The bottom line is, now is a good time to buy a home here. We were one of the first areas to suffer the real estate meltdown and as such we will be one of the first to start the recovery. . . that's usually the way it works.
If you are interested in looking for a home in Mission Bay, I can definitely help you. I moved into the West Boca area 23 years ago and am extremely familiar with Mission Bay and all the surrounding communities.
Please call me at 561-350-8832 and we can discuss this in more detail.
Fredda Weisbard, Realtor
Coldwell Banker Residential Real Estate