Tuesday, October 4, 2011

San Diego Uptown Area Median Condo Prices thru Aug 2011

MED CONDO PRICES 201108 UpTown.pdf Download this file

 
Greetings All,

The latest in San Diego SOLD home prices through Aug 2011.

For CONDOS, in the 13 different zip codes which I track, the median sold prices look like:

·         Compared to 1 mo ago, 77% of zips either went up in market value or stayed essentially the same (within +/-5% market value) over values of the prior month. Most notable of these was Point Loma with a 164% price increase on 7 condos sold, Kearney Mesa with a 50% price increase on 14 condos sold and Mission Valley with a 44% price increase on 24 condos sold in the subject month.

·         Compared to 2 mos ago, the market value of 46% are still either at a higher value or stayed essentially the same (within +/-5%) over the values of 2 months prior. Here we have our leader being Mission Valley with a 49% increase on 24 condos sold and South Park / Golden Hill with a 41% increase on only 3 condos sold. Also, over both of the past 2 mos straight, 38% of zips have shown an increase or stayed essentially the same in market value.

·         Compared to 1 year ago, we have 38% with a market value either higher or essentially the same (within +/-5%).  In this 1 yr category, with a 99% increase over market values of 1 yr ago, is South Park / Golden Hill with 3 condos sold and Mission Valley with a 48% increase on 24 condos sold.

Summary:   The below chart gives you an excellent overview of San Diego by comparing the percentages of my tracked zip codes that either increased or held steady in home value:

% OF MY ZIPS THAT INCREASED
OR HELD STEADY IN HOME VALUES
JULY 2011
CONDOS
HOUSES
1 MO AGO
77%
50%
2 MO AGO
46%
78%
1 YR AGO
38%
56%

For more info on real estate issues and concerns in San Diego, scroll down this blog a bit further and check out my post,  "Five Refinance Tips for Borrowers" and for even more info, "NEW Record Low Mortgage Rates – 4.12% on 30 Yr Fixed / 3.33% on 15 Yr Fixed". 

Keep in mind that my 13 zip codes for condos and 18 zip codes for houses, are only a portion of the entire San Diego picture. It is the norm for any one particular zip code to have a positive increase in market values for 1, 2, or 3 months and then in other months to see a decrease in market values. A good example of ups and downs, look at Point Loma condos – median price in Aug ’10 was $0, in June ’11 at $428,000, in July ‘11 way down at $135,000 and then in Aug ’11 back up at $357,000. Let’s watch and see where it goes when the data comes out for Sept ’11, will the upswing outweigh the down?  While prices may go up & down within any given year-long period, what we are really looking for is a general increase from year to year so that the rise of the "up" months is higher and thus outweighs the dips of the "down" months.

Cheers Again Until Next Month!  - Peg
 
Mary "Peg" Heying
REALTOR® - CA DRE License # 01726709
Prudential CA Realty
890 W Washington St.
San Diego, CA 92103
Cell:  (619) 301-8589

Posted via email from RealtorPeg

San Diego Coastal Area Median Condo Prices thru Aug 2011

MED CONDO PRICES 201108 Coast.pdf Download this file

 
Greetings All,

The latest in San Diego SOLD home prices through Aug 2011.

For CONDOS, in the 13 different zip codes which I track, the median sold prices look like:

·         Compared to 1 mo ago, 77% of zips either went up in market value or stayed essentially the same (within +/-5% market value) over values of the prior month. Most notable of these was Point Loma with a 164% price increase on 7 condos sold, Kearney Mesa with a 50% price increase on 14 condos sold and Mission Valley with a 44% price increase on 24 condos sold in the subject month.

·         Compared to 2 mos ago, the market value of 46% are still either at a higher value or stayed essentially the same (within +/-5%) over the values of 2 months prior. Here we have our leader being Mission Valley with a 49% increase on 24 condos sold and South Park / Golden Hill with a 41% increase on only 3 condos sold. Also, over both of the past 2 mos straight, 38% of zips have shown an increase or stayed essentially the same in market value.

·         Compared to 1 year ago, we have 38% with a market value either higher or essentially the same (within +/-5%).  In this 1 yr category, with a 99% increase over market values of 1 yr ago, is South Park / Golden Hill with 3 condos sold and Mission Valley with a 48% increase on 24 condos sold.

Summary:   The below chart gives you an excellent overview of San Diego by comparing the percentages of my tracked zip codes that either increased or held steady in home value:

% OF MY ZIPS THAT INCREASED
OR HELD STEADY IN HOME VALUES
JULY 2011
CONDOS
HOUSES
1 MO AGO
77%
50%
2 MO AGO
46%
78%
1 YR AGO
38%
56%

For more info on real estate issues and concerns in San Diego, scroll down this blog a bit further and check out my post,  "Five Refinance Tips for Borrowers" and for even more info, "NEW Record Low Mortgage Rates – 4.12% on 30 Yr Fixed / 3.33% on 15 Yr Fixed". 

Keep in mind that my 13 zip codes for condos and 18 zip codes for houses, are only a portion of the entire San Diego picture. It is the norm for any one particular zip code to have a positive increase in market values for 1, 2, or 3 months and then in other months to see a decrease in market values. A good example of ups and downs, look at Point Loma condos – median price in Aug ’10 was $0, in June ’11 at $428,000, in July ‘11 way down at $135,000 and then in Aug ’11 back up at $357,000. Let’s watch and see where it goes when the data comes out for Sept ’11, will the upswing outweigh the down?  While prices may go up & down within any given year-long period, what we are really looking for is a general increase from year to year so that the rise of the "up" months is higher and thus outweighs the dips of the "down" months.

Cheers Again Until Next Month!  - Peg
 
Mary "Peg" Heying
REALTOR® - CA DRE License # 01726709
Prudential CA Realty
890 W Washington St.
San Diego, CA 92103
Cell:  (619) 301-8589

Posted via email from RealtorPeg

San Diego Clairemont Area Median Condo Prices thru Aug 2011

MED CONDO PRICES 201108 Clrmt.pdf Download this file

 
Greetings All,

The latest in San Diego SOLD home prices through Aug 2011.

For CONDOS, in the 13 different zip codes which I track, the median sold prices look like:

·         Compared to 1 mo ago, 77% of zips either went up in market value or stayed essentially the same (within +/-5% market value) over values of the prior month. Most notable of these was Point Loma with a 164% price increase on 7 condos sold, Kearney Mesa with a 50% price increase on 14 condos sold and Mission Valley with a 44% price increase on 24 condos sold in the subject month.

·         Compared to 2 mos ago, the market value of 46% are still either at a higher value or stayed essentially the same (within +/-5%) over the values of 2 months prior. Here we have our leader being Mission Valley with a 49% increase on 24 condos sold and South Park / Golden Hill with a 41% increase on only 3 condos sold. Also, over both of the past 2 mos straight, 38% of zips have shown an increase or stayed essentially the same in market value.

·         Compared to 1 year ago, we have 38% with a market value either higher or essentially the same (within +/-5%).  In this 1 yr category, with a 99% increase over market values of 1 yr ago, is South Park / Golden Hill with 3 condos sold and Mission Valley with a 48% increase on 24 condos sold.

Summary:   The below chart gives you an excellent overview of San Diego by comparing the percentages of my tracked zip codes that either increased or held steady in home value:

% OF MY ZIPS THAT INCREASED
OR HELD STEADY IN HOME VALUES
JULY 2011
CONDOS
HOUSES
1 MO AGO
77%
50%
2 MO AGO
46%
78%
1 YR AGO
38%
56%

For more info on real estate issues and concerns in San Diego, scroll down this blog a bit further and check out my post,  "Five Refinance Tips for Borrowers" and for even more info, "NEW Record Low Mortgage Rates – 4.12% on 30 Yr Fixed / 3.33% on 15 Yr Fixed". 

Keep in mind that my 13 zip codes for condos and 18 zip codes for houses, are only a portion of the entire San Diego picture. It is the norm for any one particular zip code to have a positive increase in market values for 1, 2, or 3 months and then in other months to see a decrease in market values. A good example of ups and downs, look at Point Loma condos – median price in Aug ’10 was $0, in June ’11 at $428,000, in July ‘11 way down at $135,000 and then in Aug ’11 back up at $357,000. Let’s watch and see where it goes when the data comes out for Sept ’11, will the upswing outweigh the down?  While prices may go up & down within any given year-long period, what we are really looking for is a general increase from year to year so that the rise of the "up" months is higher and thus outweighs the dips of the "down" months.

Cheers Again Until Next Month!  - Peg
 
Mary "Peg" Heying
REALTOR® - CA DRE License # 01726709
Prudential CA Realty
890 W Washington St.
San Diego, CA 92103
Cell:  (619) 301-8589

Posted via email from RealtorPeg

San Diego Uptown Area Median House Prices thru Aug 2011

MED HOUSE PRICES 201108 Uptown.pdf Download this file

Greetings All,

The latest in San Diego SOLD home prices through Aug 2011.

For HOUSES, in the 18 different zip codes which I track, the median sold prices look like:

·         Compared to 1 mo ago, 50% of zips either went up in market value or stayed essentially the same (within +/-5% market value) over values of the prior month. Most notable of these was La Jolla with a 42% increase on 21 houses sold.

·         Compared to 2 mos ago, the market value of 78% are still either at a higher value or stayed essentially the same (within +/-5%) over the values of 2 months prior. Here we have our leader being La Jolla with a 37% increase on 21 houses sold and South Park / Golden Hill with a 36% increase on 9 houses sold. Also, over both of the past 2 mos straight, 44% of zips have shown an increase or stayed essentially the same in market value.

·         Compared to 1 year ago, we have 56% with a market value either higher or essentially the same (within +/-5%).  In this 1 yr category, with a 37% increase over market values of 1 yr ago, is La Jolla with 21 houses sold and also South Park / Golden Hill with a 36% increase on 9 houses sold.

Summary:   The below chart gives you an excellent overview of San Diego by comparing the percentages of my tracked zip codes that either increased or held steady in home value: 

% OF MY ZIPS THAT INCREASED
OR HELD STEADY IN HOME VALUES
JULY 2011
CONDOS
HOUSES
1 MO AGO
77%
50%
2 MO AGO
46%
78%
1 YR AGO
38%
56%

For more info on real estate issues and concerns in San Diego, scroll down this blog a bit further and check out my post,  "Five Refinance Tips for Borrowers" and for even more info, "NEW Record Low Mortgage Rates – 4.12% on 30 Yr Fixed / 3.33% on 15 Yr Fixed". 

Keep in mind that my 13 zip codes for condos and 18 zip codes for houses, are only a portion of the entire San Diego picture. It is the norm for any one particular zip code to have a positive increase in market values for 1, 2, or 3 months and then in other months to see a decrease in market values. A good example of ups and downs, look at Point Loma condos – median price in Aug ’10 was $0, in June ’11 at $428,000, in July ‘11 way down at $135,000 and then in Aug ’11 back up at $357,000. Let’s watch and see where it goes when the data comes out for Sept ’11, will the upswing outweigh the down?  While prices may go up & down within any given year-long period, what we are really looking for is a general increase from year to year so that the rise of the "up" months is higher and thus outweighs the dips of the "down" months.

Cheers Again Until Next Month!  - Peg

Mary "Peg" Heying
REALTOR® - CA DRE License # 01726709
Prudential CA Realty
890 W Washington St.
San Diego, CA 92103
Cell:  (619) 301-8589

Posted via email from RealtorPeg

San Diego Coastal Area Median House Prices thru Aug 2011

MED HOUSE PRICES 201108 Coast.pdf Download this file

Greetings All,

The latest in San Diego SOLD home prices through Aug 2011.

For HOUSES, in the 18 different zip codes which I track, the median sold prices look like:

·         Compared to 1 mo ago, 50% of zips either went up in market value or stayed essentially the same (within +/-5% market value) over values of the prior month. Most notable of these was La Jolla with a 42% increase on 21 houses sold.

·         Compared to 2 mos ago, the market value of 78% are still either at a higher value or stayed essentially the same (within +/-5%) over the values of 2 months prior. Here we have our leader being La Jolla with a 37% increase on 21 houses sold and South Park / Golden Hill with a 36% increase on 9 houses sold. Also, over both of the past 2 mos straight, 44% of zips have shown an increase or stayed essentially the same in market value.

·         Compared to 1 year ago, we have 56% with a market value either higher or essentially the same (within +/-5%).  In this 1 yr category, with a 37% increase over market values of 1 yr ago, is La Jolla with 21 houses sold and also South Park / Golden Hill with a 36% increase on 9 houses sold.

Summary:   The below chart gives you an excellent overview of San Diego by comparing the percentages of my tracked zip codes that either increased or held steady in home value: 

% OF MY ZIPS THAT INCREASED
OR HELD STEADY IN HOME VALUES
JULY 2011
CONDOS
HOUSES
1 MO AGO
77%
50%
2 MO AGO
46%
78%
1 YR AGO
38%
56%

For more info on real estate issues and concerns in San Diego, scroll down this blog a bit further and check out my post,  "Five Refinance Tips for Borrowers" and for even more info, "NEW Record Low Mortgage Rates – 4.12% on 30 Yr Fixed / 3.33% on 15 Yr Fixed". 

Keep in mind that my 13 zip codes for condos and 18 zip codes for houses, are only a portion of the entire San Diego picture. It is the norm for any one particular zip code to have a positive increase in market values for 1, 2, or 3 months and then in other months to see a decrease in market values. A good example of ups and downs, look at Point Loma condos – median price in Aug ’10 was $0, in June ’11 at $428,000, in July ‘11 way down at $135,000 and then in Aug ’11 back up at $357,000. Let’s watch and see where it goes when the data comes out for Sept ’11, will the upswing outweigh the down?  While prices may go up & down within any given year-long period, what we are really looking for is a general increase from year to year so that the rise of the "up" months is higher and thus outweighs the dips of the "down" months.

Cheers Again Until Next Month!  - Peg

Mary "Peg" Heying
REALTOR® - CA DRE License # 01726709
Prudential CA Realty
890 W Washington St.
San Diego, CA 92103
Cell:  (619) 301-8589

Posted via email from RealtorPeg

San Diego Clairemont Area Median House Prices thru Aug 2011

MED HOUSE PRICES 201108 Clrmt.pdf Download this file

Greetings All,

The latest in San Diego SOLD home prices through Aug 2011.

For HOUSES, in the 18 different zip codes which I track, the median sold prices look like:

·         Compared to 1 mo ago, 50% of zips either went up in market value or stayed essentially the same (within +/-5% market value) over values of the prior month. Most notable of these was La Jolla with a 42% increase on 21 houses sold.

·         Compared to 2 mos ago, the market value of 78% are still either at a higher value or stayed essentially the same (within +/-5%) over the values of 2 months prior. Here we have our leader being La Jolla with a 37% increase on 21 houses sold and South Park / Golden Hill with a 36% increase on 9 houses sold. Also, over both of the past 2 mos straight, 44% of zips have shown an increase or stayed essentially the same in market value.

·         Compared to 1 year ago, we have 56% with a market value either higher or essentially the same (within +/-5%).  In this 1 yr category, with a 37% increase over market values of 1 yr ago, is La Jolla with 21 houses sold and also South Park / Golden Hill with a 36% increase on 9 houses sold.

Summary:   The below chart gives you an excellent overview of San Diego by comparing the percentages of my tracked zip codes that either increased or held steady in home value: 

% OF MY ZIPS THAT INCREASED
OR HELD STEADY IN HOME VALUES
JULY 2011
CONDOS
HOUSES
1 MO AGO
77%
50%
2 MO AGO
46%
78%
1 YR AGO
38%
56%

For more info on real estate issues and concerns in San Diego, scroll down this blog a bit further and check out my post,  "Five Refinance Tips for Borrowers" and for even more info, "NEW Record Low Mortgage Rates – 4.12% on 30 Yr Fixed / 3.33% on 15 Yr Fixed". 

Keep in mind that my 13 zip codes for condos and 18 zip codes for houses, are only a portion of the entire San Diego picture. It is the norm for any one particular zip code to have a positive increase in market values for 1, 2, or 3 months and then in other months to see a decrease in market values. A good example of ups and downs, look at Point Loma condos – median price in Aug ’10 was $0, in June ’11 at $428,000, in July ‘11 way down at $135,000 and then in Aug ’11 back up at $357,000. Let’s watch and see where it goes when the data comes out for Sept ’11, will the upswing outweigh the down?  While prices may go up & down within any given year-long period, what we are really looking for is a general increase from year to year so that the rise of the "up" months is higher and thus outweighs the dips of the "down" months.

Cheers Again Until Next Month!  - Peg

Mary "Peg" Heying
REALTOR® - CA DRE License # 01726709
Prudential CA Realty
890 W Washington St.
San Diego, CA 92103
Cell:  (619) 301-8589

Posted via email from RealtorPeg