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Top 10 Most Affordable Homes in Clairemont – Market Update for January 1, 2012

By
Real Estate Agent with CENTURY 21 Award

Weekly Market Update for Clairemont – 92117 – January 1, 2012

 

It’s the first day of a brand new year but the big story continues to be low interest rates.

 

Clairemont, in the 92117 zip code – is a central community located in the city of San Diego, California. Clairemont is comprised of several neighborhoods within the 92117 boundaries: BayPark, Bay Ho, and Clairemont Mesa.

 

Central location

Beyond it’s diversity in housing choices from entry level homes to million dollar views, Clairemont is central to shopping, major freeways (805, 5, 52 and 163), medical facilities (10 minutes from VA hospital, UCSD, Scripps and Sharp), public and private schools, public libraries, and public transportation. It’s located just east of PacificBeach; about 10 minutes from the ocean and just 5 minutes from San Diego’s MissionBay.

 

10 Least Expensive Single Family Homes in Clairemont – 92117

As of January 1, 2012

 

 

Sale Type

Street

Bed/Bath

Est SF

Price$

Days on
Market

10

Short Sale

Doliva Dr

3/1

1,008

$339,000

15

9

Short Sale

Abernathy Way

3/3

1,375

$336,000

205

8

Short Sale

Barstow St

3/1

1,014

$335,000

51

7

Traditional

Mount Everest Blvd

3/2

     1,188

$324,900

70

6

Short Sale

Stacy Ave

3/1

864

$320,000

453

5

Traditional

Epanow Ave

2/1

806

$319,900

32

4

REO

Derrick Dr

2/1

     1,018

$316,100

19

3

Short Sale

Conrad Ave

3/2

1,062

$299,000

42

2

Traditional

Cadet St

3/2

1,008

$299,000

138

1

Short Sale

Boise Ave

2/1

988

$275,000

173

 

There are currently 72 houses for sale in 92117 - Clairemont, Bay Ho and BayPark with an average list price of $468,250

 

48 Pending escrows (Traditional sale escrows) with an average list price of $430,660

 

21 Contingent escrows (Short Sale escrows) with an average list price of $347,295

 

Recently sold average price is $401,858 taking on average about 2 ½ months to sell.

 

as of 01/01/2012 09:00 PM Eastern

Product

Interest Rate

APR

Conforming 1and FHA Loans

30-Year Fixed

3.875%

4.054%

30-Year Fixed FHA

3.750%

4.705%

15-Year Fixed

3.250%

3.565%

5-Year ARM

2.375%

3.199%

5-Year ARM FHA

2.750%

2.999%

Larger Loan Amounts in Eligible AreasConforming and FHA.1

30-Year Fixed

3.875%

4.004%

30-Year Fixed FHA

3.750%

4.651%

5-Year ARM

2.625%

3.238%

Jumbo1Loans – Amounts that exceed conforming loan limits1

30-Year Fixed

4.125%

4.256%

5-Year ARM

2.625%

3.238%

 

If you are interested in the community of Clairemont or any of its neighborhoods, call on the real estate specialist and San Diego native who has made Clairemont her family’s home for 30+ years.

 

Search Clairemont homes and call me for an appointment to view any of the homes you find.

Posted by

Valarie Swanson
REALTOR®
DRE #01803552

Century 21 Award


Search the MLS for free - sign up to receive email alerts for new properties -

www.ValarieSwanson.com

 

Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Valarie - Good local real estate market report.  You've given both buyers and sellers a lot of information in your report.  Nicely done!

Jan 01, 2012 07:59 PM