Vista California Real Estate Real Estate Market Update ( January-2011 )
Flat inflation is part of the reason for low interest rates right now, once inflation starts to go up so will the rates. Smart buyers don't want to miss out on housing affordability that's at an all-time high of 40 years! Locally, the key metrics below will provide some insight into the Vista single family home, condo/townhome market and a link to the most recent inventory of duplexes, triplexes and fourplexes to come into the market:
Vista Single Family Homes
- January, 2011: Vista Homes for Sale: 409 (Active, contingent, and pending)
- January, 2011: Vista Months of Inventory: 6.3
- December, 2010: Vista Median Home Price $320,000; 2% lower than December, 2009
- December, 2010: Vista Homes Sold: 55; 46% lower than December, 2009
Vista Condos and Townhomes
- January, 2011: Vista Condos for Sale: 83 (Active, contingent, and pending)
- January, 2011: Vista Months of Inventory (Condos): 5.1
- December, 2010: Vista Median Condo Price: $173,000; 3% higher than December, 2009
- December, 2010: Vista Condos Sold: 18; 14% lower than December, 2009
This snapshot is a quick summary from The North county Real Estate Report, a free 23 page real estate market report covering all cities in the North County of San Diego. Feel free to browse the current issue and subscribe to The North County Real Estate Report any time.
Thank you for reading!
Stephen MacLeod
Broker/Owner
Highland Realty
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