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San Diego Real Estate Values May 2006 

% Change is from the same month last year.

 

Interested in Finding out your San Diego Home Value? 

Well it looks like the market is beginning to slow a little here in San Diego County.  Could it simply be a Supply and demand issue?   Check out the total number of San Diego County Real Estate listings on our San Diego MLS Map and you decide... 24,831 actives as of this post. 

To see any of these homes right on our mls map click on the link above.

 

 

    Resale New All Home Sales
    Single-Family Condominiums All Combined New All Combined
Area   Sales Median % Chg Sales Median % Chg Sales Median % Chg Sales Median % Chg
                           
Central San Diego   552 $560,000 1.8 409 $430,250 1.2 220 $389,000 5.4 1,181 $483,000 3.4
East County   318 $485,000 0.0 106 $340,500 3.5 65 $460,000 17.4 489 $450,000 1.6
South County   237 $565,000 -0.9 95 $275,000 -1.7 102 $409,750 -18.1 443 $487,000 -4.5
North County inland   595 $595,000 6.5 178 $389,500 3.2 178 $586,250 -14.3 951 $555,000 0.9
North County Coastal   370 $636,000 -2.2 186 $429,500 -4.6 240 $686,000 -9.7 769 $603,000 -2.6
 

3 Comments on San Diego Real Estate Prices Stablilize

AUG
13
2006
10 Featured Posts
Bob, I have some friends in Mission Valley that are holding off taking the plunge until the market fully corrects.  Are you seeing prices level off, or are they still on the downward move?
11:45pm • #1
AUG
14
2006

Barrett,

I would suggest having them take a look at http://www.dqnews.com/ to get the full picture of what the San Diego County Real Estate market is doing.

The news media is telling us that the market is going down?  But in Many markets we are still experiencing Strong appreciation.  In fact, in 20% of the Zip Codes in San Diego County we had DOUBLE DIGIT APPRECIATION RATES For all home sales (hint that would be the last three columns on this chart: http://www.dqnews.com/ZIPSDUT.shtm )! 

By the way, whenever someone mentions that they are sitting back to see what the market is doing I tell them the only difference that it makes is what their Long term plans are.

If your friends are planing on living in San Diego for the longer then 15 years they need to Buy a Home.  Why do I say this?  The main reason is Rents will definetly be higher 15 years from now then they are now AND will be higher then the mortgage payment that they can lock in at today's rates.

1:21am • #2
NOV
12
2006
Good blog on the stastics and good information for me to know.  A week doesn't go by that I am talking with someone about the home prices in San Diego in comparison to those here in Denver.  Now I am armed with the info.  Thanks.
11:15pm • #3

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Bob Crain - San Diego County Real Estate Broker

San Marcos, CA

More about me…

Crain Realty - North County Luxury Homes

Office Phone: (760) 744-5755

Cell Phone: (760) 703-5090

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Get updated information about the San Diego Real Estate market here.



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