San Diego County Hot Spots for Median Price Increases and Sales

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Mortgage and Lending with HomePlus Mortgage

 

There are a few areas in San Diego County where housing prices have increased this year. A Union-Tribune analysis of sales and prices compares half-year numbers in 2011, from January to June, to the same period in 2010.


Bear in mind that in the first half of 2010 homebuyer tax credits drove sales.


One of the San Diego County areas that was strongest during this year’s first half were north coastal areas such as Carmel Valley, where the median price increase for a single family home rose 5.9 percent from 2010’s first half. Gains were also seen in Carlsbad SE (3.3 percent) and Carlsbad SW (4.5 percent.)


In the East County market, sales increased as first-time buyers and investors were lured to lower-priced properties. Jamul was the standout, where the median price increase for a single-family resale home shot up 15.2 percent. Certain zip codes  of El Cajon (92019 and 92120) also saw increases or firmness in single-family resale prices.


For prices, the top San Diego County areas that pulled up median values included Imperial Beach (30 percent) and National City (35.7 percent.)


Sales in San Diego County were also strong in Tierrasanta, where sales went up 31.6 percent, and Mission Beach/Pacific Beach, up 28.8 percent.

 

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