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Top 10 Most Affordable Homes in Clairemont – Weekly Market Update - February 20, 2012

By
Real Estate Agent with CENTURY 21 Award

Weekly Market Update for Clairemont – 92117 – February 20, 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.

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 MissionBay.

10 Least Expensive Single Family Homes in Clairemont – 92117
As of
February 20, 2012

 

Sale Type

Street

Bed/Bath

Est SF

Price$

Days on
Market

10

Traditional

La Junta Ave

3/1

988

$389,000

24

9

Traditional

Oak Glen Ln

2/1

726

$355,000

25

8

Short Sale

Chandler Dr

3/2

1,665

$350,200

43

7

Traditional

Chateau Dr

4/2

1,600

$349,000

59

6

Traditional

Gila Ave

3/2

1,185

$344,900

2

5

Traditional

Southampton St

3/1

1,238

$325,000

(REDUCED)

34

4

Short Sale

Doliva Dr

3/1

1,008

$309,000

65

3

REO

Acoma Ave

3/1

1,200

$300,000

3

2

REO

Appleton St

3/1

1,018

$299,900

(REDUCED)

41

1

Short Sale

Barstow St

3/1

1,014

$285,000

101

There are currently 57 houses for sale in 92117 - Clairemont, Bay Ho and BayPark with an average list price of $510,000
49 Pending escrows (Traditional sale escrows) with an average list price of $421,000
31 Contingent escrows (Short Sale escrows) with an average list price of $346,000
Recently sold average price is $418,000 taking on average about 3 months to sell.

as of 02/20/2012 07:00 PM Eastern

Product

Interest Rate

APR

Conforming 1and FHA Loans

30-Year Fixed

4.000%

4.180%

30-Year Fixed FHA

3.750%

4.705%

15-Year Fixed

3.125%

3.438%

5-Year ARM

2.375%

3.199%

5-Year ARM FHA

2.750%

2.999%

Larger Loan Amounts in Eligible AreasConforming and FHA.1

30-Year Fixed

4.000%

4.130%

30-Year Fixed FHA

3.875%

4.784%

5-Year ARM

2.625%

3.238%

Jumbo1 Loans – Amounts that exceed conforming loan limits1

30-Year Fixed

4.250%

4.382%

5-Year ARM

2.750%

3.282%

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.

Posted by

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

 

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hi Valarie,  Great eport, I love to see what is going on in other areas.  Thanks for the information.

Feb 20, 2012 10:44 AM
Lehel Szucs
All Seasons Real Estate, Inc. - Covina, CA
REALTOR of choice

thank you for sharing ... are prices still depreciating in your area?

Feb 20, 2012 11:20 AM
Valarie Swanson
CENTURY 21 Award - San Diego, CA
San Diego Real Estate

Thanks for stopping by. Lehel, yes, in many areas we are still seeing drops in prices. However, not anywhere near the speed we saw them over the years. Prices are flattening out in many neighborhoods that I work in.

Feb 20, 2012 11:33 AM
Susanna Haynie
CO-RE Group, LLC -Real estate sales and services - Colorado Springs, CO
Colorado Springs Realtor GRI CNE MCNE ePro MRP

I know California has a different home price structure, it still shocks me to see your affordable prices :-) thanks for sharing.

Feb 23, 2012 03:24 AM
Valarie Swanson
CENTURY 21 Award - San Diego, CA
San Diego Real Estate

Susanna, oh boy! You should have seen it a few years ago! I read a statistic that at the height of the market in San Diego the affordability rate was at 18%; it's now closer to 60%. HUGE changes in my area. But, I know what you mean. That's Southern California living for you...

Feb 23, 2012 03:42 AM
Harrison K. Long
HomeSmart, Evergreen Realty - Irvine, CA
REALTOR , GRI, Broker associate, Attorney

Valerie ... I like your article here about most affordable homes now for sale at Clairemont 92117 part of San Diego.

Feb 23, 2012 04:04 AM
Robert Vegas Bob Swetz
Las Vegas, NV

Hello Valarie ... This is a wonderful list for people interested in purchasing around your area ... featured at 

CALIFORNIA DREAMING

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Feb 25, 2012 12:25 AM
Valarie Swanson
CENTURY 21 Award - San Diego, CA
San Diego Real Estate

Hey, wow! Thanks for the feature!

Feb 25, 2012 02:05 AM