In follow-up to my recent post on housing affordability in Carlsbad and nearby communities, and since I often get asked, I though I'd pass along some information on some terrific buys for buyers. 

With escalating prices in recent years it has been near impossible in our area to find anything under $100K or even higher (except for manufactured and mobile housing which is typically in seniors communities). 

That has now changed, and folks who ask "can I buy something for under $100,000?" will get a resounding YES rather than "are you kidding?"

Hot deals in North County San Diego real estate

Granted, these are not view homes near the coast, and many communities (Carlsbad, Encinitas, Cardiff, etc.) simply have nothing near to this price, but knowing that there are options for buyers in this price range is encouraging. These could be good rental properties in some cases too, or great buys for a family who has a kid in college. 

Looking in the North County San Diego area I found 102 condos for under $100,000 (with 20 of these under $75,000). Not surprisingly 58 of these are short sales and a good number of them are bank owned properties.

  COMMUNITY 

  # of Homes 

# of Bedrooms

Square Footage

Escondido

       57

1 - 3 bedrooms

585 SF to 1330 SF

Oceanside

       31

1 - 3 bedrooms

573 SF to 1280 SF

Sam Marcos

        6

All 1 bedroom

All 651 SF

Vista

        8

  1 and 2 bedroom 

  877 SF to 1172 SF 

Some of these are in fine shape and ready to move into, while others need some work (I've seen about a dozen). 

Given that the average sold price of an attached home in San Diego County is about $244,000 YTD per the MLS ( and likely higher in the North County communities), finding a home for under $100,000 represents  pretty good deal. 

You can search for YOUR condo under $100,000 using the link below, or let me know and I can customize a list of available properties for you based on your price range and location.

********************************

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If I can provide more information about North County San Diego including Carlsbad and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.

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All content copyright © 2008 Jeff Dowler Carlsbad Homes and Real Estate Tidbits

 
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11 Comments on Condos in North San Diego County for under $100,000 - Great News for Buyers

MAR
04
292,976 Points 12 Featured Posts Localism Sponsor Outside Blog

Jeff Dowler...you are one smart guy, (but I always knew that)! What a great idea showcasing the affordability factor for No.San Diego Co.

Just read myself the other day that we now have a 59% affordability factor in CA. I've never seen it higher, ever in 38 years!

8:24pm • #1
401,211 Points 59 Featured Posts Localism Sponsor Outside Blog

Hi Jeff!  Now those ARE some red HOT deals!  So nice to see that common folk can get into housing in North San Diego County affordably!

Debe in Charlotte

8:49pm • #2
657,942 Points 145 Featured Posts Localism Sponsor Outside Blog Hit Router

Lynda - why thank you. But it makes sense to me to spread the word that housing CAN be reasonably affordable, even in our high-priced area.

Debe - agreed. I was actually surprised at how many homes there were. And a bunch just went into escrow in teh last few days.

Jeff

9:12pm • #3
1 Featured Post

Jeff, I never imagined that there was anything for sale in San Diego for such an affordable price.  Talk about Hot Deals...

10:21pm • #4
396,943 Points 17 Featured Posts Outside Blog

Wow! Those are incredible prices for that kind of square footage. Around here, the only "condos" under $100,000 are really "Condotels". You know... the old hotel rooms that were converted to condos... Condotels.

10:27pm • #5
365,154 Points 63 Featured Posts Localism Sponsor Outside Blog

Hi Jeff, I have ben running into those numbers and am really amazed. Affordability seems to have returned to SD and I hope many more Buyers will take advantage of this great opportunity.

11:09pm • #6
MAR
05
157,405 Points 15 Featured Posts Localism Sponsor Outside Blog Hit Router

Hi Jeff! - You sure are smokin' with great deals right now under $100,000.  Before I commented I had to check my stats for condos in New Haven County and found out there are 176 on the market.  Thanks to your post, I may just do one for my local area as well! :)

12:23am • #7
820,460 Points 213 Featured Posts Localism Sponsor Outside Blog Hit Router

"Affordability" is hot news for sure.  I see more and more home categories and areas in qualifying range of "average" home buyers in my area.

 

7:33am • #8
417,708 Points 47 Featured Posts Outside Blog

Jeff I am surprised you have property under a 100k. I would never have guessed that for where you are located.

7:42am • #9
149,766 Points 9 Featured Posts Outside Blog

Jeff - Great news for first time buyers who didn't think they could ever own their own place!  Also good news for those who are looking for a second home in San Diego.  There are a lot of snowbirds who would sure love to winter in San Diego - home of the most ambient climate in the country!

Marlene

10:43am • #10
453,293 Points 54 Featured Posts Outside Blog

Jeff after reading about some of the prices out there, I did not think that you could even purchase a doll house for under 100K, much less 102 Condo Units on the market for under that price.

3:24pm • #11

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Jeff Dowler ~ Carlsbad Real Estate ~ 760-840-1360

Carlsbad, CA

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RE/MAX Moonlight Beach (CA DRE Lic. # 01490977)

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