Market Update for Clairemont – 92117 – May 14, 2012

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.

This week, inventory shortage is still the hot topic. Currently, we’re about 45% below normal inventory levels. Spring sales season has not proven to have a strong impact on inventory levels, especially at the starter price range for the area.

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 Mission Bay.

10 Least Expensive Single Family Homes in Clairemont – 92117
As of May 14, 2012

 

Sale Type

Street

Bed/Bath

Est SF

Price$

Days on
Market

10

Traditional

Longford St

3/2

1,493

$389,900

88

9

Traditional

Genesee Ave

4/2

1,176

$389,000

164

8

Traditional

Clairemont Dr

3/2

1,502

$385,000

82

7

Traditional

New Haven Rd

4/2

1,660

$385,000

3

6

Short Sale

Limerick Ct

3/1.5

1,066

$380,000

12

5

Traditional

Mt La Platta

4/2

1,190

$379,000

2

4

Short Sale

Triana St

3/2

1,674

$369,000

117

3

REO

Jemez Dr

3/1

1,183

$359,900

17

2

Traditional

Oak Glen Ln

2/1

726

$345,000

109

1

REO

Appleton St

3/1

1,018

$343,500

98

There are currently 36 houses for sale in 92117 - Clairemont, Bay Ho and BayPark with an average list price of $536,558.

65 Pending escrows (Traditional sale escrows) with an average list price of $420,547

27 Contingent escrows (Short Sale escrows) with an average list price of $365,952

Recently sold average price is $419,277 taking on average 52 days to sell.

as of 05/14/2012 05:00 PM Eastern

Product

Interest Rate

APR

Conforming 1and FHA Loans

30-Year Fixed

3.750%

3.925%

30-Year Fixed FHA

3.750%

4.827%

15-Year Fixed

3.000%

3.308%

5-Year ARM

2.250%

3.072%

5-Year ARM FHA

2.750%

3.191%

Larger Loan Amounts in Eligible Areas – Conforming and FHA.1

30-Year Fixed

3.875%

4.004%

30-Year Fixed FHA

3.750%

4.775%

5-Year ARM

2.500%

3.114%

Jumbo1 Loans – Amounts that exceed conforming loan limits1

30-Year Fixed

4.125%

4.256%

5-Year ARM

2.625%

3.157%

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.

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

 

 
This post has been included in California Real Estate News San Diego County, CA Real Estate News San Diego, CA Real Estate News Clairemont (San Diego, CA) Real Estate News
Post is included in group: CALIFORNIA DREAMING
Post is included in group: Short Sales in So Cal
Post is included in group: San Diego MLS MLS of San Diego
Post is included in group: San Diego, CA Real Estate Agents
Post is included in group: 1st Time Buyers

2 Comments on Top 10 Most Affordable Homes in Clairemont–Market Update–May 14, 2012

MAY
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2012
1,160,591 Points 17 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

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15
2012
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Thanks Vegas Bob! I love that group.
7:53am • #2


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Valarie Swanson, San Diego real estate (Century 21 Award)

Valarie Swanson, San Diego real estate

San Diego, CA

More about me…

Century 21 Award

Address: 3202 Governor Dr, Ste 100, San Diego, CA, 92122

Office Phone: (858) 450-2100

Cell Phone: (858) 531-7929

Email Me

If it's happening in San Diego then I'm probably writing about it. And, if it's happening in real estate you can bet I am. My blog is focused on helping people learn about the process of buying and selling real estate and everything that goes along with it including the emotional up's and down's. Every once in a while I will also spotlight neighborhoods like Clairemont, Bay Park and Point Loma that I love to work in (because I'm lucky enough to live here). I'm a San Diego native, so I love to share this great city with others who appreciate it as much as I do and want own a piece of heaven right here on Earth in San Diego.


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