Struggling with your mortgage payment? You are not alone! The economy and declined value of real estate has taken a toll on everyone! Home owners are continuing to struggle with their mortgage payments. I've seen evidence of some so burdened by their declined home value and mortgage stress that they have decided to walk away from their homes! The Statistics below are an accurate measure of how prices have changed since last year!
| Sales Statistics for SAN DIEGO County CA |
| Realist's most recent recording date for this county is 09/29/2009 |
| Single Family Residence | ||
| Time Period | Number of Sales | Median Sale Price |
| Aug 2009 | 2,494 | $361,500 |
| Aug 2008 | 1,899 | $385,000 |
| Jul 2009 | 3,552 | $363,000 |
| Jul 2008 | 2,104 | $410,000 |
| 2009 YTD | 16,346 | $348,000 |
| 2008 | 20,361 | $400,000 |
| Condominium | ||
| Time Period | Number of Sales | Median Sale Price |
| Aug 2009 | 1,243 | $260,000 |
| Aug 2008 | 1,031 | $268,000 |
| Jul 2009 | 1,811 | $260,000 |
| Jul 2008 | 1,075 | $281,000 |
| 2009 YTD | 7,947 | $239,000 |
| 2008 | 10,898 | $280,000 |
Despite the hopeless feeling that financial strain can carry, there are options available!
If you or someone you know is considering a loan modification, short-sale, or foreclosure because of a hard-ship, please call or email me. Together, we can make a plan by thoroughly exploring all short and long term effects of these options.
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