2006 | Erestu

May 13, 2010

Golden Hill, San Diego, Real Estate Market Trends, Single-family Homes, Mid Year Analysis, 2006

Filed under: Uncategorized — Tags: 2006, Analysis, Diego, Estate, Golden, Hill, Homes, Market, Real, Singlefamily, Trends, Year — admin @ 5:50 am

The Golden Hill is California region near Downtown San Diego County. The village is located 5 to 15 interstates, just south of the famous Balboa Park

observed for the period (January-July 2006 compared to January-July 2005), the number of homes sold relatively consistent. About 74 houses sold in 2006 and sold 76 homes in 2005.
A method to analyze

price for a particular community is to assess the median and average price of property for a given month and compare that data over the same period last year. What follows is a comparison of the median-price and average price of homes in the past seven months (January-July 2006) compared the data for the corresponding period in 2005.
The median price of homes

represents the point at which half the houses are over a certain price point, and half of the homes are below a certain price. The average price of homes sold by the addition of the selling price of all households in a given month, and divides this value by the number of homes sold were.
The median price of homes

in July 2006 was $ 572,000, compared with $ 425,000 in July 2005, which is 34th to increase 6%. The average price of homes in July 2006 was $ 551,875, compared with $ 466,636 in July 2005, which means a 19th to increase 5%. Approximately eight homes sold in July 2006 and 11 in July 2005. In summary, there was a price increase in July 2006 over the same period last year.
The median price of homes

in June 2006 was $ 451,500, compared with $ 540,000 in June 2005, which represents a 16th 4% decrease. The average price of homes in June 2006 was $ 457,600, compared with $ 514,846 in June 2005 represents a 11th 1% decrease. About 10 houses sold in June 2006 and 13 in June 2005. In summary, there was a downward price trend in June 2006 over the same period last year.
The median price of homes

May 2006 was $ 500,000, compared with $ 430,000 May 2005, which represents a 13th to increase 9%. The average price of homes May 2006 was $ 545,067, compared with $ 465 727 May 2005, which represents one tenth to increase 5%. About 15 houses may sold in 2006 and 11 May 2005. In summary, there was a price increase May 2006 compared to the same period last year.

The median price of real estate was $ 442,500 in April 2006 compared to $ 510,000 in April 2005, representing an eighth 3% decrease. The average price of homes in April 2006 was $ 448,071, compared with $ 512,067 in April 2005, which represents one tenth 9% decrease. About 14 houses sold in April 2006 and 15 in April 2005. In summary, there was a downward trend in prices in April 2006 over the same period last year.
The median price of homes

March 2006 was $ 415,250, compared with $ 437,500 in March 2005, which represents one eighth 2% decrease. The average price of homes in March 2006 was $ 451,886, compared with $ 428,375 in March 2005, which is one fifth to increase 5%. About 14 houses sold in March 2006 and 12 March 2005. The data for March 2006 was mixed, as the median price declined and the average price for the same period last year.

The median price of real estate in February 2006 was $ 452,500, compared with $ 512,500 in February 2005, which represents one sixth 7% fall. The average price of homes in February 2006 was $ 483,128, compared with $ 503,625 in February 2005, which represents a first Decrease of 7%. Approximately eight homes sold in February 2006 and 8 in February 2005. In summary, there was a downward trend in prices in February 2006 over the same period last year.

The median price of homes was $ 455,000 representing decline in January 2006 compared to $ 500,000 in January 2005 to 9%. The average price of homes in January 2006 was $ 446,280, compared with $ 467,483 in January 2005, which represents a first 3% decrease. Approximately 5 homes sold in January 2006 and 6 January 2005. In summary, there was a downward trend in prices in January 2006 over the same period last year.

To what does the data tell us? Well, the above data do not reveal a consistent pattern. The house prices for May and July 2006 compared to last year from 10% to 35% over the same period last year. However, prices were up 1% to 16% in January, February, April and June 2006 for the same period last year. The data for March 2006 was mixed, with the median price falling 8th 2% increase, and the average price 5 5% for the same period last year. Given the heights and depths described above, over a longer period of evaluation is needed to determine whether to recognize a clear pattern. Contact us to obtain an experienced broker additional evidence on the prices in the Golden Hill real estate market.

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May 12, 2010

College Grove, San Diego, Real Estate Market Trends, Single-family Homes, Mid Year Analysis, 2006

Filed under: Uncategorized — Tags: 2006, Analysis, College, Diego, Estate, Grove, Homes, Market, Real, Singlefamily, Trends, Year — admin @ 2:58 pm

College Grove region (also known as Area College) is located in the center of San Diego County, California. The community is located off Interstate 8 just east of Interstate 15th San Diego State University is located within the boundaries of College Grove.

homes and flats for sale in College Grove fall in the lower and middle income groups. The number of homes sold in a given year is relatively high. For example, during the period sold from January to July 2006 some 211 houses. Ca. 268 apartments for the same period in 2005 sold.
One way to analyze price trends for a particular community is to assess the median and average price of property for a given month and compare that data over the same period last year. What follows is a comparison of the median-price and average price of homes in the past seven months (January-July 2006) compared the data for the corresponding period in 2005.
The median price of homes

in July 2006 was $ 545,000, compared with $ 497,000 in July 2005, which represents a ninth to increase 2%. The average price of homes in July 2006 was $ 583,476, compared with $ 528,602 in July 2005, which represents an increase of 10%. About 25 homes sold in July 2006 and 38 in July 2005. The evidence was a price increase in July 2006 over the same period last year.
The median price of homes

in June 2006 was $ 475,000, compared with $ 506,500 in June 2005, which is one fifth 9% decrease. The average price of homes in June 2006 was $ 492,427, compared with $ 516,078 in June 2005, which represents a fourth 1% decrease. About 38 houses sold in June 2006 and 40 in June 2005. The data demonstrates that there is a downward price trend in June 2006 over the same period last year.
The median price of homes

May 2006 was $ 522,000 compared to $ 518,500 May 2005, which is a 0th 7% increase. The average price of homes May 2006 was $ 544,812 compared to $ 537,085 May 2005, which represents a first 4% increase. About 30 houses may sell in 2006 and 46 May 2005. The data show a slight price increase was May 2006 compared to the same period last year.
The median price of homes

in April 2006 was $ 520,000, compared with $ 495,000 in April 2005, which is one fifth to increase 1%. The average price of homes in April 2006 was $ 523,421, compared with $ 524,306 in April 2005, which is a 0th 2% decrease. About 41 houses sold in April 2006 and 47 in April 2005. The data for April 2006 was mixed, as the median showed a moderate increase over the previous year, while the average price was a slight decline.
The median price of homes

March 2006 was $ 515,000, compared with $ 489,000 in March 2005, which is one fifth to increase 3%. The average price of homes in March 2006 was $ 564,690, compared with $ 499,856 in March 2005, which represents a 13th 4% increase. About 41 homes sold in March 2006 and 44 March 2005. The data support a price increase was in March 2006 over the same period last year.

The median price of real estate in February 2006 was $ 472,500, compared with $ 465,000 in February 2005, which is a 0th to increase 50%. The average price of homes in February 2006 was $ 502,600, compared with $ 476,932 in February 2005, which represents a fourth to increase 6%. About 20 homes sold in February 2006 and 25 in February 2005. The evidence was a price increase in February 2006 over the same period last year.

The median price of homes was $ 530,950 in January 2006 compared to $ 483,000 in January 2005, which represents a ninth to increase 9%. The average price of homes in January 2006 was $ 528,416, compared with $ 551,904 in January 2005, which represents a third 20% decrease. About 16 houses sold in January 2006 and 28 in January 2005. The data for January 2006 was mixed, as the median showed a moderate increase over the previous year, while average prices fell.

What does the above data tell us? Overall, an 21st 3% decline in the number of households in the period 2006 to 2005 sold. Four of seven months (February, March, May and July shown) increases in both median and average prices for the same period last year. The extent of the increase ranged from a half-percent to 10%. The months of April and January had mixed results, with average prices declined slightly (less than 3 increased 2%) and average prices by 5% to 10%. In contrast, the June data, a downward trend in both median and average prices of a range of 4% to 6%.

The above data suggests that although there are monthly fluctuations, continue to demonstrate on a balance, property in the College Grove area gains. Continued monitoring of sales data in the following months will be needed to identify long-term market trends.
Make sure your broker to other factors, consult the influence of home pricing principle before buying or selling real estate in College Grove.

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Del Cerro, San Diego, Real Estate Market Trends, Single-family Homes, Mid Year Analysis, 2006

Filed under: Uncategorized — Tags: 2006, Analysis, Cerro, Diego, Estate, Homes, Market, Real, Singlefamily, Trends, Year — admin @ 11:08 am

The community of Del Cerro

located in the center of San Diego County, California. The community is located off Interstate 8 at the College Ave exit.

homes and flats for sale in Del Cerro fall in the low to moderate income categories. The number of homes sold in a given year is relatively high. For example, during the period sold from January to July 2006, about 137 houses. Ca. 142 apartments for the same period in 2005 sold.
A method to analyze

in July 2006 was $ 632,000, compared with $ 590,000 in July 2005, which represents one sixth 2 increase. The average price of homes in July 2006 was $ 680,557, compared with $ 620,571 in July 2005, which represents a ninth to increase 9%. About 21 homes sold in July 2006 and 20 in July 2005. In summary, there was a price increase in July 2006 over the same period last year.
The median price of homes

in June 2006 was $ 557,500, compared with $ 545,500 in June 2005, which represents a second to increase 1%. The average price of homes in June 2006 was $ 622,327, compared with $ 613,060 in June 2005, which is a 0th to increase 80%. About 13 houses sold in June 2006 and 30 in June 2005. In summary, there was a price increase in June 2006 over the same period last year.
The median price of homes

May 2006 was $ 620,000 compared to $ 615,000 May 2005, which is a 0th to increase 8%. The average price of homes May 2006 was $ 652,730 compared to $ 604,844 May 2005, which represents a second 7% increase. About 30 houses may sold in 2006 and 16 May 2005. In summary, there was a price increase May 2006 compared to the same period last year.

The median price of real estate in April 2006 was $ 560,000, compared with $ 680,000 in April 2005, which represents a 17th 6% decrease. The average price of homes in April 2006 was $ 597,593, compared with $ 726,804 in April 2005, which represents a 17th 8% decrease. Approximately 27 houses sold in April 2006 and 23 in April 2005. In summary, there was a downward trend in prices in April 2006 over the same period last year.
The median price of homes

March 2006 was $ 557,000, compared with $ 635,000 in March 2005, which represents a 12th 3% decrease. The average price of homes in March 2006 was $ 639,667, compared with $ 655,836 in March 2005, which represents a second 5% decrease. About 21 houses sold in March 2006 and 25 March 2005. In summary, there was a downward price trend in March 2006 over the same period last year.

The median price of real estate was $ 594,750 in February 2006 compared to $ 530,000 in February 2005 represents a 12th to increase 2%. The average price of homes in February 2006 was $ 664,679, compared with $ 565,882 in February 2005, which represents a 18th to increase 5%. About 14 homes sold in February 2006 and 18 in February 2005. In summary, there was a price increase in February 2006 over the same period last year.

The median price of homes was $ 595,000 in January 2006 compared to $ 512,500 in January 2005, which represents a 16th to increase 1%. The average price of homes in January 2006 was $ 713,909, compared with $ 575,470 in January 2005 represents a 24th 1%. About 11 houses sold in January 2006 and 10 in January 2005. In summary, there was a price increase in January 2006 over the same period last year.

To what does the data tell us? Well, the above data do not reveal a consistent pattern. Beginning of the year (January and February 2006), home prices were on the previous year in the range of 12% to 24%. However, prices were up 2% to 17% in March and April 2006, compared to the same period last year. And then there were for the last three months (May, June and July 2006), moderate gains observed from 1% to 10%. Given the heights and depths described above, over a longer period of evaluation is needed to determine whether to recognize a clear pattern. Contact us to obtain an experienced broker additional insights into the evolution of prices in the Del Cerro real estate market.

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Pacific Beach, San Diego Real Estate, July 2006 Home Sales Data

Filed under: Uncategorized — Tags: 2006, Beach, Data, Diego, Estate, Home, July, Pacific, Real, Sales — admin @ 5:12 am

Pacific Beach is located on the central coast of San Diego County within the ZIP 92109th If you are interested in Pacific Beach Real Estate, then you should have the following information useful. The following summary sales data for detached single-family houses and condominiums and single-family houses attached. This sales data covers the period from 1 July 2006 through 31 July 2006.

About 18 detached single-family homes were sold in July 2006. Of these 18 homes, ask the average price was $ 992,598. The average sales price $ 946,211. This results in a purchase price / list price (SP: LP) ratio of 96%, which means that on average 96% of the seller will receive the sale price. The average time to sell a home was 55 days.

A detailed analysis of these 18 houses is given below.

a. Five of these houses had two or fewer bedrooms. The average list price of $ 702,400. The average sales price $ 689,000. The SP: LP was 98%. The average time for this type of house for sale was 57 days.

b. Nine of these homes had three bedrooms. The average list price of $ 1,089,975. The average price was $ 1,031,867 ales. The SP: LP ratio was 95%. The average time for this type of house for sale was 52 days.

c. Three of these homes had four bedrooms. The average list price of $ 1,025,000. The average sales price $ 968,333. The SP: LP ratio was 95%. The average time for this type of house for sale was 63 days.

d. A house with five or more rooms sold. The average list price of $ 1,470,000. The average sales price $ 1,395,000. The SP: LP ratio was 95%. The average time to sell a home was 50 days.

About 25 detached single-family houses and condominiums were sold in July 2006. The average list price of these 25 units was $ 650,072. The average sales price $ 620,772. The SP: LP ratio was 96%. The average time to sell these units was 55 days.

A detailed analysis of these 25 units is given below.

a. Eighteen of these units had two or fewer bedrooms. The average list price of $ 536,877. The average sales price $ 510,527. The SP: LP ratio was 96%. The average time for this type of device to sell was 65 days.

b. Six of these units had three bedrooms. The average list price of $ 926,166. The average sales price $ 886,333. The SP: LP ratio was 97%. The average time for this type of device to sell was 28 days.

c. One of these units had four bedrooms. The list price was $ 1,031,000. The selling price was $ 1,011,800. The SP: LP ratio was 98%. The unit took 16 days to sell.

If you are interested in Pacific Beach real estate market, contact San Diego Realtor to help you purchase a house.

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May 1, 2010

Clairemont, San Diego, Real Estate Market Trends, Single-family Homes, Mid Year Analysis, 2006

Filed under: Uncategorized — Tags: 2006, Analysis, Clairemont, Diego, Estate, Homes, Market, Real, Singlefamily, Trends, Year — admin @ 6:51 pm

The community of Clairemont (sometimes called Clairemont Mesa) is located in central San Diego County, California. The community is located off Interstate 5 at Balboa Ave and is within the 92117 Zip code.

The real estate and homes for sale in Clairemont fall into the moderate-income category for San Diego County. The number of homes sold in a particular year is relatively high. For example, during the period from January through July 2006, approximately 183 single-family homes sold. Approximately 226 homes sold for the same period in 2005.

One method to analyze pricing trends for a particular community is to evaluate the median and average price of homes for a particular month, and compare that data against the same period last year. What follows is a comparison of the median price and average price of homes for the past seven months (January through July 2006), compared against the data for the corresponding time period in 2005.

The median price of homes represents the point at which half the homes are above a particular price point, and half the homes are below a particular price point. The average price of homes is calculated by adding up the sales price of all homes sold in a particular month, and dividing that value by the number of homes sold.

The median price of homes in July 2006 was $560,000, compared to $562,500 in July 2005, which represents a 0. 9% drop. The average price of homes in July 2006 was $575,114, compared to $585,602 in July 2005, which represents a 2. 4% drop. Approximately 21 homes sold in July 2006 and 26 in July 2005. The data provides evidence that there was a downward price trend in July 2006 compared to the same period last year.

The median price of homes in June 2006 was $555,000, compared to $570,000 in June 2005, which represents a 2. 6% drop. The average price of homes in June 2006 was $586,758, compared to $584,415 in June 2005, which represents a 0. 4% increase. Approximately 30 homes sold in June 2006 and 34 in June 2005. The data for June 2006 was mixed, as median prices declined and average prices rose slightly from the same period last year.

The median price of homes in May 2006 was $550,000, compared to $562,000 in May 2005, which represents a 2. 3% drop. The average price of homes in May 2006 was $584,012, compared to $582,000 in May 2005, which represents a 0. 3% increase. Approximately 33 homes sold in May 2006 and 37 in May 2005. The data was mixed in June 2006, as median prices declined and average prices rose slightly from the same period last year.

The median price of homes in April 2006 was $564,000, compared to $565,000 in April 2005, which represents a 0. 20% drop. The average price of homes in April 2006 was $584,722, compared to $612,897 in April 2005, which represents a 4. 6% drop. Approximately 32 homes sold in April 2006 and 36 in April 2005. The data provides evidence that there was a downward price trend in April 2006 compared to the same period last year.

The median price of homes in March 2006 was $558,000, compared to $545,000 in March 2005, which represents a 1. 5% increase. The average price of homes in March 2006 was $589,161, compared to $576,227 in March 2005, which represents a 3. 60% increase. Approximately 29 homes sold in March 2006 and 39 in March 2005. The data provides evidence that there was an upward price trend in March 2006 compared to the same period last year.

The median price of homes in February 2006 was $560,000, compared to $525,000 in February 2005, which represents a 7. 4% increase. The average price of homes in February 2006 was $582,435, compared to $571,708 in February 2005, which represents a 2. 50% increase. Approximately 17 home sold in February 2006 and 29 in February 2005. The data provides evidence that there was an upward price trend in February 2006 compared to the same period last year.

The median price of homes was $585,000 in January 2006, compared to $525,000 in January 2005, which represents a 10% increase. The average price of homes in January 2006 was $634,524, compared to $542,708 in January 2005, which represents a 16. 9% increase. Approximately 21 homes sold in January 2006 and 25 in January 2005. The data provides evidence that there was an upward price trend in January 2006 compared to the same period last year.

So what does the above data tell us? Overall, there was a 19% decline in the number of homes sold during this period from 2006 to 2005. The pricing trends early in the year (January, February and March) were in the upward direction for both median and average prices, which showed increases year-over-year ranging from 1. 5% to 16. 9%. However, since then, the pricing trend has been downward or mixed depending on the month. For example, April and July demonstrated downward median and average prices ranging from around half a percent up to 5%. For May and June, the median price was down around 2% from the previous year, and the average price was slightly up around half a percent. These findings suggest that at best, prices have leveled off, and at worst, are starting to decline. Continued monitoring of sale data in subsequent months is needed to identify enduring market trends.

Be sure to consult your Realtor on other factors that influence home pricing before buying or selling real estate in Clairemont.

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April 29, 2010

2006: U.S. Cities With Affordable Real Estate And Homes

Filed under: Uncategorized — Tags: 2006, Affordable, Cities, Estate, Homes, Real, U.S. — admin @ 12:06 pm

The price of housing is a major challenge in the United States. Some estimates note that more than 50% of the population cannot afford a median priced home. According to National Association of Home Builders (NAHB), of the total number of new and existing homes sold nationwide during the third quarter, only 40. 4 percent were affordable for families earning the median U. S. income of $59,600.

But it is good news that housing affordability on the national level has not changed much in the third quarter in spite of a rise in the mortgage interest rates during the last quarter. This was because many markets saw a slight decrease in their home prices, which helped offset the rise in mortgage rates.

Indianapolis (Indiana) is the most affordable city for homes in America, based on the 2006 third quarter report of the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). The city achieved this status for the fifth consecutive quarter.

Of the total number of housing units sold in Indianapolis during the third quarter, 86 percent of homes were priced at or below the U. S. median household income of $65,100. Homes in this metro area had a median sales price of $122,000, which is slightly higher from $120,000 of the previous quarter.

It is interesting to note that the most affordable U. S. cities for homes, condos and other real estate are largely from the northern industrial metro areas. The other larger cities that top the list for affordable homes in the third quarter after Indianapolis are Youngstown-Warren-Boardman (Ohio-Pennsylvania); Detroit-Livonia-Dearborn (Michigan); Buffalo-Niagara Falls (New York); and Grand Rapids and Wyoming (Michigan).

The report also lists the top seven smaller cities in America that have the most affordable housing markets. These are: Bay City in Michigan, Springfield in Ohio, Mansfield in Ohio, Lansing-East Lansing in Michigan, Lima in Ohio, Battle Creek in Michigan and Canton-Massillon in Ohio.

For both major metros and small metros, many of the least affordable cities are located in California. The least affordable major metro areas are Santa Ana-Anaheim-Irvine, Modesto, Stockton, and San Diego-Carlsbad-San Marcos, in that order. The least affordable smaller metros (less than 500,000 people) include: Salinas, Merced, Madera, Napa, and Santa Barbara-Santa Maria.

The good news for homebuyers is that there are many affordable cities in the United States. Moreover, even for cities that rated poorly for affordability, there may be some communities within the larger city that have affordable housing. For example, although the San Diego metro in California rated poorly overall for affordability, there are some communities in San Diego priced to meet the needs of lower-income home buyers. A good real estate agent can help you choose a community where you want to live based on your housing budget and needs.

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April 27, 2010

Alpine, San Diego, Real Estate Market Trends and Community Information, August 2006

Filed under: Uncategorized — Tags: 2006, Alpine, August, Community, Diego, Estate, Information, Market, Real, Trends — admin @ 2:47 pm

COMMUNITY INFORMATION

Alpine is a community situated in the eastern region of San Diego County within the state of California. There are approximately 19,227 residents in this Zip code (91901) and 6,597 households. The median age of residents is 38. 92 years.

TEMPERATURE

The temperature in Alpine is relatively moderate. The warmest time of year occurs in August during which temperatures reach an average high of 76°F. The coldest time of year occurs in January with average temperatures falling to 54°F.

HOME AND REAL ESTATE PRICES

The housing options in Alpine include single-family homes and properties, condominiums, townhouses, and apartments. The price of housing is as follows:

·One bedroom townhouse/condominium start in the low $200,000s.

·Two bedroom townhouse/condominium start in the low $200,000s.

·Three bedroom townhouse/condominium start in the mid $300,000s.

·Two bedroom single-family homes start in the mid $300,000s.

·Three bedroom single-family homes start in the mid $400,000s.

·Four bedroom single-family homes start in the high $500,000s.

REAL ESTATE MARKET TRENDS

As with most products and services in the United States, price shifts in the real estate industry are subject to the forces of supply and demand. Whether it’s a buyers market or a seller’s market, it is useful to evaluate home sales data for the most recent month available (June 2006), compared against the same period in the previous year (June 2005).

The median price of single-family homes in June 2006 was $597,500, which represents a 10. 2% decline from the previous year. The number of homes sold in June 2006 was 17, which was down 37% from the previous year.

Homebuyers and home sellers should keep in mind that the data above is simply a snapshot in time. Therefore, the data must be evaluated over a longer duration to understand enduring market trends.

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April 26, 2010

Bonita, San Diego, Real Estate Market Trends and Community Information, August 2006

Filed under: Uncategorized — Tags: 2006, August, Bonita, Community, Diego, Estate, Information, Market, Real, Trends — admin @ 7:17 pm

COMMUNITY INFORMATION

Bonita is situated in the southern region of San Diego County within the state of California. There are approximately 18,396 residents in this Zip code (91902) and 5,986 households. The median age of residents is 40. 45 years.

TEMPERATURE

The temperature in Bonita is relatively moderate. The warmest time of year occurs in July during which temperatures reach an average high of 70°F. The coldest time of year occurs in January with average temperatures falling to 57° F.

HOME AND REAL ESTATE PRICES

The housing options in Bonita include single-family homes and properties, condominiums, townhouses, and apartments. The price of housing is as follows:

·One bedroom townhouse/condominium start in the mid $200,000s.

·Two bedroom townhouse/condominium start in the low $300,000s.

·Three bedroom townhouse/condominium start in the low $400,000s.

·Two bedroom single-family homes start in the high $400,000s.

·Three bedroom single-family homes start in the mid $500,000s.

·Four bedroom single-family homes start in the low $600,000s.

REAL ESTATE MARKET TRENDS

The median price of single-family homes dropped from $849,990 in June 2005 to $782,500 in June 2006, which represents a 7. 9% decline. However, more homes sold in June 2006 (20 homes) than in June 2005 (7 homes). The average time to sell a home increased slightly from 68 days in June 2005 to 69 days in June 2006. The ratio between the asking price to the sales price increased over the past 12 months. On average, sellers obtained 93. 6% of their asking price in June 2005, and 94. 5% of their asking price in June 2006.

Homebuyers and home sellers should keep in mind that the data above is simply a snapshot in time. Therefore, the data must be evaluated over a longer duration to understand enduring market trends.

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Carlsbad, San Diego, Real Estate Market Trends and Community Information, August 2006

Filed under: Uncategorized — Tags: 2006, August, Carlsbad, Community, Diego, Estate, Information, Market, Real, Trends — admin @ 1:47 pm

COMMUNITY INFORMATION

Carlsbad is situated in the northern coastal part of San Diego County within the state of California. There are approximately 87,540 residents in this community and 34,052 households. The median age of residents is 38. 89 years.

TEMPERATURE

The temperature in Carlsbad is relatively moderate. The warmest time of year occurs in July during which temperatures reach an average high of 69. The coldest time of year occurs in December with average temperatures falling to 55F.

HOME AND REAL ESTATE PRICES

The housing options in Carlsbad include single-family homes and properties, condominiums, townhouses, and apartments. The price of housing is as follows:

·One bedroom townhouse/condominium start in the mid $200,000s.

·Two bedroom townhouse/condominium start in the high $200,000s.

·Three bedroom townhouse/condominium start in the high $300,000s.

·Two bedroom single-family homes start in the mid $300,000s.

·Three bedroom single-family homes start in the high $300,000s.

·Four bedroom single-family homes start in the mid $500,000s.

REAL ESTATE MARKET TRENDS

The median price of single-family homes dropped from $783,900 in June 2005 to $749,900 in June 2006, which represents a 4. 3% decline. Fewer more homes sold in June 2006 (49 homes) than in June 2005 (95 homes). The average time to sell a home increased from 39 days in June 2005 to 58 days in June 2006.

The median price of condominiums and townhomes decreased from $481,000 in June 2005 to $434,500 in June 2006, which represents a 9. 7% decline. Fewer units sold in June 2006 (36 units) than in June 2005 (84 units). The average time to sell a unit increased from 43 days in June 2005 to 58 days in June 2006.

Homebuyers and home sellers should keep in mind that the data above is simply a snapshot in time. Therefore, the data must be evaluated over a longer duration to understand enduring market trends.

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Carmel Valley, San Diego, Real Estate Market Trends, School & Community Information, August 2006

Filed under: Uncategorized — Tags: 2006, August, Carmel, Community, Diego, Estate, Information, Market, Real, School, Trends, Valley — admin @ 3:55 am

COMMUNITY INFORMATION

Carmel Valley is a master-planned community located in northern San Diego County within the state of California. The community of Carmel Valley within San Diego is not to be confused with the Carmel Valley region in Northern California.

Carmel Valley lies within the 92130 Zip Code. There are approximately 34,471 residents in this Zip code and 12,387 households. The median age of the population is 35. 16 years.

TEMPERATURE

The temperature in Carmel Valley is relatively moderate. The warmest time of year occurs in August during which temperatures reach an average high of 72°F. The coldest time of year occurs in December with average temperatures falling to 56° F.

HOME AND REAL ESTATE PRICES

The housing options in Carmel Valley include single-family homes and properties, condominiums, townhouses, and apartments. The price of housing is as follows:

·One bedroom townhouse / condo starts in the high $200,000s

·Two bedroom townhouse / condo starts in the high $300,000s.

·Three bedroom townhouse / condo starts in the low $500,000s

·Three bedroom single-family house starts in high $500,000s

·Four bedroom single-family home starts in low $700,000s

REAL ESTATE MARKET TRENDS

The median price of single-family homes reached $1,080,000 in June 2006, which was a 13. 74% increase over June 2005. In contrast, the median price of condominiums and townhomes decreased to $580,000, which was a 7. 2 decline from the year before.

Homebuyers and home sellers should keep in mind that the data above is simply a snapshot in time. Therefore, the data must be evaluated over a longer duration to understand enduring market trends.

SCHOOL INFORMATION

There are two School Districts that serve residents of Carmel Valley. The Solana Beach School District covers the elementary schools in the northern part of Carmel Valley, and the Del Mar Union School District covers the southern region.

Students in Carmel Valley schools undergo annual testing to evaluate their academic performance. The results of these tests are combined by the California Department of Education into a composite score known as the Academic Performance Index (API), which has a range of 200 to 1000. The statewide goal for schools is to achieve a score of 800 or above.

Based on the most recent data available as of July 31, 2006, the highest-ranking elementary school in the Carmel Valley area was Sage Canyon Elementary (API = 963), followed by Torrey Hills School (API=950), Carmel Creek Elementary

(API=946), Solana Pacific Elementary (API=945), Ashley Falls Elementary (API=943), and Carmel Del Mar Elementary (API=917). Carmel Valley Middle School earned an API of 931. For high schools, Canyon Crest Academy had an API=842, and Torrey Pine High had an API =821.

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