As I stated recently, I'm not a big fan of year over year statistics, especially when it comes to real estate.
Just like real estate comps, I think anything older than six months is not relevant.
So it is with great joy that I bring you good news about the San Diego real estate market for April 2009.
San Diego County, once ranked as the fifth most expensive real estate market in the nation, has fallen to eleventh in terms of median price for single-family resale homes. Honolulu came in at #1 at $570,000. California took three of the next four spots, with San Jose #2 ($450,000), Orange County at #3 ($435,800), and San Francisco at #5 ($402,000). New York City burroughs had five spots, and Boulder, Colorado rounded out the Top 10. San Diego County's median price was a mere $323,200.
Here's what's interesting and encouraging, though. That median price of $323,200 was a whopping $38,200 higher than March 2009, and means that for four consecutive months, home prices have risen or stayed the same.
Home sales for April 2009 in San Diego County were up for the ninth consecutive month.
Along with almost $8 billion of Federal Stimulus Bill money flowing through San Diego County for city, county, state, and military projects, there's a lot of excitement in the air out here.
Now is the time to buy. Don't be caught sleeping, or you'll be sleeping under the stars instead of in your very own home.
*****
Need help buying or selling a home in San Diego County?
Moving here to work on Stimulus Bill projects?
Visiting and would like a vacation home here?
I can help you find the best just the right home or just the right buyers
to meet your real estate needs, wants, and goals.
I'm available 24/7, so feel free to contact me by phone or email.
*****
This week's posts (they'll open in a new window):
- My view of real estate - 5/17/09
- SST (Speechless Sunday with Text): Daisy tree (really!) - 5/17/09
- Does the doggy (butt) come with it? - 5/15/09
- WWW (Wordless Wednesday with Words): Pictures of the different cat breeds - 5/13/09
- Renter, house sitter, and stager all rolled into one - 5/11/09
- Growth Leader, Week Four - 5/11/09
Last week's posts (they'll open in a new window):
- The hobo and the cat - 5/9/09
- Say hello to Abby, my neighbor's three-legged dog - 5/9/09
- Volunteer opportunities with Lions, Tigers & Bears in Alpine, California - 5/9/09
- Volunteer opportunities with the Pacific Southwest Railway Musuem - 5/9/09
- Restaurant review: La Jolla Brew House - 5/9/09
- WWW (Wordless Wednesday with Words): Please take care of Old Glory - 5/6/09
- Upcoming garden tours in San Diego County - 5/5/09
- Balboa Park chooses waterwise landscaping - 5/5/09
- Wasteful water practices apparently end for CalTrans - 5/5/09
Hi Jim ~ Sounds like great things are happening in San Diego County. I hope you continue to see things moving in a positive direction.