| Market Commentary Provided by Elizabeth Stone In 2006, homes sold between $500k-$1.2m averaged 10 per month. Year to date, in 2007 we are averaging 8.5 homes sold per month in the same price range. Average market time is 40 days. While prices have dropped slightly in this part of town, this is still a relatively tight and active real estate market. And overall, values are remaining strong. |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL
Elizabeth Stone
Coldwell Banker Residential Brokerage San Diego, California 619-708-8821 elizabethstone@cox.net Agent Home Page |
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| Nearest Metro Area | |||||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||||
| Average Time on Market | 30-60 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $950,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Up 0-5% | ||||
| Prices As % of Asking Price | 95-100% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | Repeat Buyers | ||||
| Buyer Activity for the past 90 days in Pacific Beach and Mission Bay is | |||||
| Seller Activity for the past 90 days in Pacific Beach and Mission Bay is | |||||
| Is Financing Available For Qualified Buyers in Pacific Beach and Mission Bay? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| Housing Hot Spots | |||||
| Reason to Buy/Sell | Other | ||||
| Average Sold Price | $950,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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