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5 Key Market Factors to Selling Your Home in 2012

Rocky Lall — Tue, 07 Feb 2012 16:07:45 +0000

If you have equity in your home and are considering selling it, there are several challenges you should be aware of. However, despite the challenges listed below, the San Diego real estate market continues to persist with 21,235 properties sold in 2011 (view trends).

1. Competing Foreclosures and Short-Sales

The abundance of distressed properties in putting downward pressure on home and condo prices. In either foreclosures or short-sales, the owner or decision-maker is usually a bank or some other institutional investor. These institutional investors are normally taking a substantial loss on the property, and therefore, are usually motivated to quickly sell the property, sometimes substantially below market value. Home sellers who have equity will need to consider the prices of competing foreclosure and short-sale homes when determining their asking price.

2. Home Buyer Fears

One question I often hear from prospective home buyers is “will prices drop any more.” My answer is, “no one knows for sure, but prices are extremely low now for the San Diego market.” Because of this concern about prices dropping further, home buyers in the market “want a good deal.” When sellers price their home, they should consider how buyers will perceive their asking price. If the home is in relatively good condition, and priced similar to other recent sales of similar homes in their neighborhood, the chances are good that buyers will consider their home.

3. Anxiety About Job Loss

Another concern I hear from many prospective buyers is uncertainty about their job. Some people who would like to buy right now, are delaying the purchase until they believe that the chances of losing their job is low.

4. Stable Low Interest Rates Can Decrease Motivation to Buy Now

There are many news reports describing the likelihood that interest rates will stay low for sometime. Ironically, this idea may actually dissuade some homebuyers from jumping in the market now. These buyers believe that there is no rush to buy a home now since interest rates will remain low for sometime to come.

5. Positive Factors

Despite the factors listed above, there are still many people buying homes and condos. In fact, from 2009 to 2011, over 21,000 properties sold each year in San Diego County as reported in the San Diego MLS. After all, everyone needs a place to live, and life events such as job relocation, divorce, and wanting to move closer to family all drive people to buy homes.

Pacific Beach Homes, Sold Statistics, 2011

Rocky Lall — Fri, 03 Feb 2012 18:32:37 +0000

The tables below show sales statistics for detached homes (Table 1), and condos and townhomes (Table 2), which sold in 2011 in Pacific Beach, San Diego, CA 92109.

TABLE 1 – DETACHED HOMES – SOLD STATISTICS

Number of Homes Sold	135
Average Sales Price	$897,965
Median Sales Price	$688,000
Average Price Per Square Feet	$529.45
Most Expensive Home Sold	$6,800,000
Least Expensive Home Sold	$292,000
Average Days on Market	71
Average Ratio of Asking to Selling Price	95%
Average House Size in Square Feet	1,732

TABLE 2 – ATTACHED CONDOMINIUMS AND TOWNHOMES

Number of Condos/Townhomes Sold	267
Average Sales Price	$435,061
Median Sales Price	$385,000
Average Price Per Square Feet	$382.33
Most Expensive Condos/Townhome Sold	$2,150,000
Least Expensive Condos/Townhome Sold	$95,000
Average Days on Market	91
Average Ratio of Asking to Selling Price	96%
Average Size in Square Feet	1,117

Data from SANDICOR, Inc. for 1/1/2011 through 12/31/11 and represents properties listed or sold by various brokers.

Pacific Beach, Sold Statistics, Homes and Condos

Rocky Lall — Mon, 30 Jan 2012 23:02:18 +0000

2011

List of Homes and Condos Sold

Sold Statistics

Pacific Beach, Home and Condo Sales, 2011

Rocky Lall — Mon, 30 Jan 2012 21:06:08 +0000

The table below shows sales of detached homes and attached condominiums and townhomes in 2011 as reported in the San Diego MLS. The table below does not include manufactured homes, mobile homes, or modular homes.

Jan	Feb	Mar	Apr	May	Jun
Jul	Aug	Sep	Oct	Nov	Dec

Sold Date	Address	Property Type	Sales Price
1/7/2011	860 Turquoise St # 332	Attached Condo	$164,000
1/10/2011	840 Turquoise St # 110	Attached Condo	$162,000
1/11/2011	5299 Vickie Dr	Detached Home	$715,000
1/12/2011	3984 Kendall St	Detached Home	$610,000
1/13/2011	1126 Archer St	Detached Home	$518,000
1/14/2011	756 Jamaica Ct	Detached Home	$1,325,000
1/18/2011	1962 Missouri St	Attached Condo	$480,000
1/20/2011	4085 Lamont St	Townhome	$479,000
1/20/2011	4750 Noyes St # 122	Attached Condo	$165,000
1/20/2011	4083 Lamont St	Townhome	$482,000
1/21/2011	1885 Diamond St # 223	Attached Condo	$275,000
1/21/2011	840 Turquoise St # 215	Attached Condo	$214,000
1/21/2011	840 Turquoise St # 208	Attached Condo	$230,000
1/21/2011	4269 Lamont St	Townhome	$490,000
1/21/2011	2421 Loring St	Detached Home	$535,000
1/21/2011	1934 Missouri St # 1	Attached Condo	$325,000
1/24/2011	3275 Ocean Front Walk # 5	Attached Condo	$188,000
1/25/2011	4730 Noyes St # 116	Attached Condo	$245,000
1/25/2011	4807 Gresham St	Detached Home	$610,000
1/28/2011	1792 Missouri St # 7	Attached Condo	$230,000
1/28/2011	4032 Honeycutt St	Detached Home	$850,000
1/28/2011	860 Turquoise St # 320	Attached Condo	$300,000
1/31/2011	4087 Lamont St	Townhome	$560,000
2/1/2011	822 Nantasket Ct	Attached Condo	$775,000
2/4/2011	911 Missouri St # 1	Attached Condo	$347,000
2/4/2011	920 Tourmaline St	Detached Home	$615,000
2/8/2011	834 Isthmus Ct	Detached Home	$630,500
2/8/2011	4944 Cass St # 1102	Attached Condo	$425,000
2/9/2011	2287 Loring St # 1	Attached Condo	$449,900
2/9/2011	4081 Lamont St	Townhome	$499,000
2/10/2011	911 Missouri St # 7	Attached Condo	$252,500
2/11/2011	4016 Gresham St # C4	Attached Condo	$585,000
2/11/2011	4151 Mission Blvd # 202	Attached Condo	$675,000
2/11/2011	4667 Ocean Blvd # 301	Attached Condo	$485,000
2/15/2011	3991 Crown Point Dr # 115	Attached Condo	$310,000
2/15/2011	4007 Everts St # 2j	Attached Condo	$370,000
2/16/2011	735 1/2 Verona Ct	Attached Condo	$435,000
2/16/2011	819 Salem Ct	Detached Home	$705,000
2/16/2011	4771 Lamont St	Attached Condo	$340,000
2/17/2011	2628 Loring St	Detached Home	$742,500
2/18/2011	4600 Lamont St	Attached Condo	$202,000
2/18/2011	1040 Wilbur Ave	Townhome	$819,000
2/18/2011	860 Turquoise St # 227	Attached Condo	$220,000
2/22/2011	840 Turquoise St # 219	Attached Condo	$320,000
2/24/2011	1225 Pacific Beach Dr # 1D	Attached Condo	$369,000
2/25/2011	5051 La Jolla Blvd # 204	Attached Condo	$285,000
3/1/2011	1720 Fortuna Ave	Detached Home	$550,000
3/1/2011	4048 RIVIERA Dr	Detached Home	$565,000
3/3/2011	727 Vanitie Ct	Detached Home	$590,000
3/4/2011	2032 Garnet Ave	Attached Condo	$525,000
3/7/2011	1058 Diamond St	Detached Home	$994,000
3/8/2011	881 Thomas Ave # 2	Attached Condo	$480,000
3/8/2011	1962 Fortuna Ave	Townhome	$440,000
3/9/2011	1203 Agate St	Detached Home	$775,000
3/11/2011	4080 Morrell St	Detached Home	$510,000
3/14/2011	4838 Academy St	Detached Home	$760,000
3/15/2011	2140 Missouri St	Detached Home	$689,900
3/16/2011	4051 Fanuel St # 9	Attached Condo	$460,000
3/16/2011	1933 Felspar St	Attached Condo	$443,000
3/16/2011	3696 Bayside Walk # A	Attached Condo	$640,000
3/17/2011	4151 Mission Blvd # 208	Attached Condo	$600,000
3/17/2011	1601 Missouri St	Detached Home	$617,000
3/17/2011	3720 Riviera Dr	Detached Home	$1,750,000
3/17/2011	2002 MISSOURI St # 12	Attached Condo	$271,500
3/18/2011	2020 Hornblend St	Attached Condo	$499,000
3/22/2011	1148 Chalcedony St	Detached Home	$649,000
3/23/2011	1801 Diamond St # 302	Attached Condo	$239,500
3/24/2011	4600 Lamont St # 217	Attached Condo	$255,000
3/25/2011	2617 Ocean Front Walk	Attached Condo	$597,000
3/25/2011	1227 Reed Ave	Attached Condo	$395,000
3/25/2011	2619 Ocean Front Walk	Attached Condo	$1,400,000
3/25/2011	1855 Diamond St # 315	Attached Condo	$195,000
3/25/2011	4730 Noyes St # 203	Attached Condo	$133,350
3/25/2011	3994 Riviera Dr # D	Attached Condo	$400,000
3/29/2011	1242 Grand Ave	Attached Condo	$335,000
3/29/2011	1160 Oliver Ave # B	Attached Condo	$449,000
3/30/2011	3961 Riviera Dr	Townhome	$574,500
3/30/2011	911 Missouri St # 6	Attached Condo	$251,000
3/30/2011	4151 Mission Blvd # 205	Attached Condo	$564,000
3/30/2011	2609 Pico Pl # 221	Attached Condo	$150,000
3/30/2011	746 Isthmus Ct	Attached Condo	$655,000
4/1/2011	2002 MISSOURI St # 11	Attached Condo	$280,000
4/1/2011	4151 Mission Blvd # 214	Attached Condo	$640,000
4/1/2011	3970 Ingraham St # 3	Attached Condo	$330,000
4/5/2011	860 Turquoise St # 320	Attached Condo	$349,000
4/5/2011	822 Salem Court Ct	Detached Home	$770,000
4/5/2011	4627 Ocean Blvd # 401	Attached Condo	$895,000
4/8/2011	1241 Archer St	Detached Home	$590,000
4/8/2011	1368 Oliver Ave	Detached Home	$630,000
4/8/2011	4877 Mission Blvd	Detached Home	$360,000
4/8/2011	4667 Ocean Blvd # 408	Attached Condo	$735,000
4/8/2011	840 TURQUOISE St # 104	Attached Condo	$219,000
4/11/2011	5185 Alta Vista St	Detached Home	$857,000
4/11/2011	3970 Ingraham St # 4	Attached Condo	$347,500
4/12/2011	1471 Chalcedony St	Attached Condo	$399,000
4/13/2011	3739 Haines St	Detached Home	$700,000
4/14/2011	2609 PICO Pl # 227	Attached Condo	$140,000
4/14/2011	4600 Lamont St # 216	Attached Condo	$255,000
4/15/2011	4015 Crown Point Dr # 303	Attached Condo	$289,000
4/15/2011	2171 Felspar St	Attached Condo	$345,000
4/15/2011	3607 Ocean Front Walk # 8	Attached Condo	$1,550,000
4/20/2011	1452 Vue Du Bay Ct	Detached Home	$750,000
4/20/2011	4151 Mission Blvd # 209	Attached Condo	$549,000
4/20/2011	911 Missouri St # 5	Attached Condo	$255,000
4/20/2011	741 San Fernando Pl	Attached Condo	$780,000
4/20/2011	2812 Bayside Walk	Detached Home	$2,295,000
4/20/2011	1855 Diamond St # 314	Attached Condo	$192,000
4/25/2011	1009 Tourmaline St # 3	Townhome	$460,000
4/25/2011	839 Sapphire St # 7	Attached Condo	$400,000
4/26/2011	4871 Bella Pacific Row # 136	Attached Condo	$280,000
4/27/2011	3916 Riviera Dr # 305	Attached Condo	$524,000
4/28/2011	891 Felspar St	Attached Condo	$440,000
4/28/2011	5170 Pendleton St	Detached Home	$710,000
4/29/2011	802 Pacific Beach Dr # 203	Townhome	$564,000
4/29/2011	2080 Hornblend St # 1	Attached Condo	$360,000
4/29/2011	881 Thomas Ave # 16	Attached Condo	$600,000
5/2/2011	2617 Ocean Front Walk	Detached Home	$3,100,000
5/3/2011	2341 Loring St	Detached Home	$509,000
5/3/2011	713 Dover Ct	Attached Condo	$880,000
5/4/2011	4151 Mission Blvd # 211	Attached Condo	$600,000
5/4/2011	911 Missouri St # 2	Attached Condo	$252,000
5/4/2011	1264 Felspar St	Attached Condo	$443,000
5/5/2011	4151 Mission Blvd # 213	Attached Condo	$602,500
5/5/2011	1855 Diamond St # 104	Attached Condo	$175,000
5/5/2011	2172 Reed Ave	Townhome	$360,000
5/6/2011	4016 Gresham St # C2	Attached Condo	$475,000
5/6/2011	1927 Diamond St # 4	Attached Condo	$245,000
5/9/2011	1817 Chalcedony St	Townhome	$445,000
5/9/2011	4767 Ocean Blvd # 810	Attached Condo	$900,000
5/9/2011	1264 Grand Ave	Townhome	$381,000
5/10/2011	4944 cass St # 411	Attached Condo	$319,000
5/11/2011	1711 Hornblend St # A	Townhome	$480,000
5/12/2011	3978 Riviera Dr	Townhome	$532,000
5/13/2011	2459 Beryl St	Detached Home	$745,000
5/13/2011	915 Beryl St # 1	Attached Condo	$597,500
5/16/2011	754 Yarmouth Ct	Detached Home	$500,000
5/16/2011	4786 Ingraham St	Attached Condo	$275,000
5/17/2011	4151 Mission Blvd # 217	Attached Condo	$605,000
5/18/2011	2014-2 Hornblend St	Attached Condo	$519,000
5/19/2011	4600 Lamont St # 326	Attached Condo	$174,500
5/19/2011	4016 Gresham St # E2	Attached Condo	$500,000
5/20/2011	1049 Felspar St # 9	Attached Condo	$220,000
5/20/2011	5330 Soledad Rancho Ct	Detached Home	$785,000
5/20/2011	1176 Oliver Ave	Detached Home	$645,000
5/20/2011	830 Isthmus Ct # B	Attached Condo	$660,000
5/20/2011	1229 Loring St	Detached Home	$610,000
5/20/2011	1344 Wilbur Ave Ave	Detached Home	$760,000
5/24/2011	1626 Reed Ave	Detached Home	$445,000
5/27/2011	2911 Ocean Front Walk	Attached Condo	$1,900,000
5/27/2011	4069 Gresham St	Townhome	$495,000
5/27/2011	4205 Lamont St # 16	Attached Condo	$185,000
5/27/2011	1801 Diamond St # 118	Attached Condo	$275,000
5/27/2011	1917 Felspar St # 4	Attached Condo	$415,000
6/1/2011	4151 Mission Blvd # 204	Attached Condo	$659,000
6/1/2011	2169 Belloc Ct	Detached Home	$1,037,500
6/1/2011	1855 Diamond St # 213	Attached Condo	$252,500
6/2/2011	911 Missouri St # 3	Attached Condo	$347,000
6/2/2011	3568 Bayside Walk	Attached Condo	$2,150,000
6/2/2011	815 Santa Clara Pl	Attached Condo	$680,000
6/2/2011	3723 Haines St	Detached Home	$637,500
6/3/2011	2024-2 Hornblend St	Townhome	$519,000
6/6/2011	5306 Soledad Rancho Ct	Detached Home	$853,000
6/6/2011	727 Sapphire St # 103	Attached Condo	$375,000
6/7/2011	1801 Diamond St # 3-121	Attached Condo	$179,000
6/8/2011	5085 La Jolla Blvd # 7	Townhome	$450,000
6/8/2011	1775 Diamond St # 228	Attached Condo	$150,000
6/9/2011	3997 Crown Point Dr # V-34	Attached Condo	$459,900
6/10/2011	3747 Yosemite St # 11	Attached Condo	$348,000
6/10/2011	4944 Cass St # 404	Attached Condo	$367,000
6/10/2011	1720 Moorland Dr	Detached Home	$1,775,000
6/10/2011	4950 EMELENE St	Detached Home	$860,000
6/13/2011	2609 Pico Pl # 121	Attached Condo	$122,000
6/14/2011	801 1/2 Tourmaline Ln	Detached Home	$675,000
6/14/2011	2990 Mission Blvd # 303	Attached Condo	$270,000
6/15/2011	1944 Diamond St # 4	Townhome	$374,000
6/15/2011	1935 Felspar St	Attached Condo	$425,000
6/16/2011	905 Law St	Detached Home	$599,000
6/17/2011	632 Missouri St # 1	Townhome	$1,069,500
6/17/2011	620 Law St	Detached Home	$2,100,000
6/17/2011	1064 Diamond St	Detached Home	$940,000
6/20/2011	5060 Windsor St	Detached Home	$2,100,000
6/22/2011	2169 Felspar St	Townhome	$400,000
6/23/2011	3519 Ocean Front Walk # C	Attached Condo	$1,850,000
6/24/2011	1024 Loring St # 10	Attached Condo	$215,000
6/24/2011	727 SAPPHIRE St # 402	Attached Condo	$480,000
6/24/2011	727 Sapphire St # 403	Attached Condo	$380,000
6/24/2011	2018 Hornblend St	Townhome	$490,000
6/24/2011	2671 Figueroa Blvd	Detached Home	$332,000
6/27/2011	1840 Hornblend St # C	Townhome	$385,000
6/27/2011	711 Island Ct # 4	Attached Condo	$450,000
6/27/2011	2868 Bayside Walk # 6	Attached Condo	$699,000
6/28/2011	4265 Lamont St	Townhome	$460,000
6/28/2011	1069 Archer St	Detached Home	$1,165,125
6/29/2011	4600 Lamont St # 125	Attached Condo	$160,000
6/29/2011	1147 Oliver Ave	Attached Condo	$575,000
6/30/2011	5214 SOLEDAD MOUNTAIN Rd	Detached Home	$689,900
6/30/2011	858 Van Nuys St	Detached Home	$990,000
7/1/2011	4600 Lamont St # 114	Attached Condo	$175,000
7/1/2011	4910 Jewell St	Detached Home	$820,000
7/1/2011	3646 Buena Vista St	Detached Home	$763,000
7/5/2011	819 Nantasket Ct	Attached Condo	$714,900
7/7/2011	4600 Lamont St # 335	Attached Condo	$125,000
7/8/2011	1441 Yost Dr	Detached Home	$1,180,000
7/8/2011	1319 Diamond St	Detached Home	$715,000
7/11/2011	1854 Hornblend St # 2	Townhome	$480,000
7/11/2011	3579 Jewell St	Detached Home	$688,000
7/12/2011	711 Wrelton Dr	Detached Home	$525,000
7/12/2011	964 Opal St # C	Attached Condo	$360,000
7/13/2011	4151 Mission Blvd # 210	Attached Condo	$549,000
7/13/2011	4750 Noyes St # 210	Attached Condo	$136,000
7/14/2011	4977 Lamont St	Detached Home	$610,000
7/15/2011	3833 Lamont St # 2g	Attached Condo	$450,000
7/15/2011	5155 Castle Hills Dr	Detached Home	$850,000
7/19/2011	1855 Diamond St # 5-323	Attached Condo	$257,000
7/19/2011	1517 HORNBLEND St	Detached Home	$690,000
7/21/2011	3916 Riviera Dr # 409	Attached Condo	$550,000
7/22/2011	3963 Gresham St	Attached Condo	$300,000
7/26/2011	1610 Emerald St	Detached Home	$462,000
7/26/2011	4007 Crown Point Dr # 14	Attached Condo	$395,000
7/26/2011	4151 Mission Blvd # 215	Townhome	$595,000
7/27/2011	4750 Noyes St # 109	Attached Condo	$138,000
7/27/2011	878 Felspar St	Attached Condo	$575,000
7/27/2011	3967 Lamont St # 2	Attached Condo	$415,000
7/28/2011	1903 Diamond St	Townhome	$385,000
7/29/2011	4870 Bella Pacific Row # 154	Attached Condo	$285,000
7/29/2011	2120 Thomas Ave	Detached Home	$517,000
7/29/2011	1775 Diamond St # 315	Attached Condo	$95,000
7/29/2011	4883 Bella Pacific Row # 237	Attached Condo	$280,000
8/2/2011	1836 Oliver Ave	Detached Home	$619,000
8/3/2011	4767 Ocean Blvd # 611	Attached Condo	$575,000
8/3/2011	3910 Haines St # 104	Attached Condo	$375,000
8/4/2011	1445 Grand Ave # C	Attached Condo	$356,500
8/4/2011	1645 Emerald St # 1N	Attached Condo	$152,000
8/8/2011	4627 Ocean Blvd # 215	Attached Condo	$550,000
8/9/2011	738 Balboa Ct	Detached Home	$800,000
8/9/2011	4151 Mission Blvd # 202	Attached Condo	$745,000
8/10/2011	820 Tangiers Ct	Detached Home	$646,000
8/10/2011	4015 Gresham St	Townhome	$599,000
8/10/2011	2181 Harbour Heights Rd	Detached Home	$1,638,715
8/11/2011	2625 Garnet Ave	Detached Home	$336,000
8/12/2011	737 Windemere Ct	Detached Home	$625,000
8/12/2011	2053 Wilbur Ave	Detached Home	$668,500
8/12/2011	3916 Riviera Dr # 304	Attached Condo	$589,000
8/15/2011	4067 Gresham St	Townhome	$480,000
8/16/2011	1733 Hornblend St	Detached Home	$292,000
8/16/2011	5024 Windsor Dr	Detached Home	$2,442,500
8/17/2011	1113 ARCHER St	Detached Home	$535,000
8/18/2011	1814 Malden St	Detached Home	$1,100,000
8/19/2011	963 Braemar Ln	Detached Home	$3,300,000
8/24/2011	4205 Lamont St # 8	Attached Condo	$200,000
8/25/2011	4070 Morrell St # 2	Attached Condo	$300,000
8/25/2011	4944 Cass St # 1205	Attached Condo	$366,000
8/26/2011	4069 Shasta St	Detached Home	$506,000
8/26/2011	4750 Noyes St # 222	Attached Condo	$155,000
8/26/2011	2539 ASTER St	Detached Home	$625,000
8/29/2011	2410 Geranium St	Detached Home	$860,000
8/30/2011	1964 Chalcedony St # 12	Attached Condo	$180,250
8/30/2011	1855 Diamond St # 118	Attached Condo	$148,000
8/31/2011	1878 Diamond St	Detached Home	$463,000
8/31/2011	1219 Felspar St # 3	Townhome	$385,000
8/31/2011	1855 Diamond St # 122	Attached Condo	$230,000
9/1/2011	3555 Yosemite St	Detached Home	$635,000
9/1/2011	1918 Reed Ave	Detached Home	$560,000
9/6/2011	5078 Edgeworth Rd	Detached Home	$875,000
9/7/2011	1775 Diamond St # 126	Attached Condo	$250,000
9/7/2011	862 Sapphire St	Detached Home	$644,435
9/7/2011	749 Diamond St	Attached Condo	$560,000
9/8/2011	1314 Grand Ave	Attached Condo	$430,000
9/9/2011	1959 Diamond St	Attached Condo	$310,000
9/13/2011	1704 Soledad Wy	Detached Home	$590,000
9/13/2011	1327 La Palma # 2B	Attached Condo	$726,000
9/14/2011	5057 Mission Blvd	Attached Condo	$215,000
9/14/2011	1528 Grand Ave # 3	Attached Condo	$349,000
9/15/2011	2033 Oliver Ave # 1/2	Attached Condo	$205,000
9/15/2011	2546 San Joaquin Ct	Detached Home	$825,000
9/16/2011	1929 Felspar St	Townhome	$499,000
9/16/2011	2810 Mission Blvd # C	Attached Condo	$550,000
9/16/2011	3750 Bayside Walk # 9	Townhome	$665,000
9/19/2011	1235 Chalcedony St	Detached Home	$711,725
9/20/2011	4216 Morrell St	Detached Home	$495,000
9/20/2011	3740 Yosemite St	Detached Home	$639,000
9/20/2011	709 Agate St # 8	Attached Condo	$352,000
9/21/2011	1775 Diamond St # 125	Attached Condo	$120,000
9/22/2011	1925 Felspar St	Townhome	$489,000
9/22/2011	1335 La Palma St # J4	Attached Condo	$530,000
9/23/2011	840 Turquoise St # 308	Attached Condo	$270,000
9/27/2011	3823 Kendall St	Attached Condo	$382,000
9/27/2011	4600 Lamont St # 132	Attached Condo	$140,000
9/28/2011	1611 Emerald St	Attached Condo	$390,000
9/28/2011	2016 Hornblend St	Attached Condo	$469,000
9/28/2011	1026 Emerald St # 4	Attached Condo	$365,000
9/28/2011	1963 Fortuna Ave	Detached Home	$495,000
9/29/2011	5201 Foothill Blvd	Detached Home	$645,000
9/29/2011	3930 Lamont St	Detached Home	$599,000
9/30/2011	1913 Diamond St	Townhome	$391,000
9/30/2011	727 Sapphire St # 403	Attached Condo	$460,000
9/30/2011	5226 Castle Hills Dr	Detached Home	$975,000
9/30/2011	840 Turquoise St # #309	Attached Condo	$137,000
9/30/2011	3862 Riviera Dr # 102	Attached Condo	$685,000
10/3/2011	2022 Hornblend St	Townhome	$478,000
10/3/2011	4615 Pico St # 10	Attached Condo	$209,000
10/4/2011	4600 Lamont St # 327	Attached Condo	$288,000
10/4/2011	1367 Wilbur Ave	Detached Home	$625,000
10/5/2011	1921 Felspar St	Townhome	$499,000
10/7/2011	4730 Everts St	Detached Home	$1,025,000
10/7/2011	3747 Yosemite St # 14	Attached Condo	$349,000
10/12/2011	1855 Diamond St # 218	Attached Condo	$160,000
10/12/2011	4730 Noyes St # 302	Attached Condo	$260,000
10/13/2011	736 Island Ct	Attached Condo	$650,000
10/14/2011	2140 Crownhill Rd	Detached Home	$1,055,000
10/14/2011	5245 SOLEDAD MOUNTAIN Rd	Detached Home	$725,000
10/18/2011	1923 Felspar St	Attached Condo	$489,000
10/19/2011	3833 Lamont St # 3f	Attached Condo	$335,000
10/19/2011	843 Archer St	Detached Home	$940,000
10/19/2011	4944 Cass St # 602	Attached Condo	$375,000
10/19/2011	3833 Lamont St # 4B	Attached Condo	$420,000
10/21/2011	1124 Thomas Ave	Detached Home	$784,000
10/21/2011	1748 Thomas Ave	Detached Home	$540,000
10/24/2011	1336 La Palma St # 2	Attached Condo	$505,000
10/26/2011	4871 Bella Pacific Row # 235	Attached Condo	$279,000
10/26/2011	4015 Crown Point Dr # 207	Attached Condo	$220,000
10/26/2011	840 Turquoise St # 203	Attached Condo	$133,000
10/27/2011	4871 Bella Pacific Row # 236	Attached Condo	$275,000
10/28/2011	3529 Jewell St	Detached Home	$670,000
10/28/2011	1322 Reed Ave	Attached Condo	$315,000
10/28/2011	5288 Edgeworth Rd	Detached Home	$535,000
10/28/2011	1944 Diamond St # 3	Attached Condo	$320,000
11/2/2011	860 Turquoise St # 230	Attached Condo	$205,000
11/2/2011	1927 Felspar St	Attached Condo	$489,000
11/3/2011	1365 Hornblend St	Townhome	$530,000
11/4/2011	1335 Loring St	Detached Home	$675,000
11/9/2011	1775 Diamond St # 205	Attached Condo	$235,000
11/10/2011	4015 Crown Point Dr # 204	Attached Condo	$279,000
11/10/2011	1371 Hornblend St	Townhome	$545,000
11/10/2011	1367 Hornblend St	Townhome	$540,000
11/14/2011	4918 Pacifica Dr	Detached Home	$600,000
11/15/2011	4908 Crystal Dr	Detached Home	$5,035,000
11/15/2011	1340 Tourmaline St	Detached Home	$820,000
11/16/2011	1733 Hornblend St	Detached Home	$399,900
11/16/2011	2175 Grand Ave	Detached Home	$385,000
11/16/2011	1136 Grand Ave	Townhome	$480,000
11/17/2011	1801 Diamond St # 209	Attached Condo	$250,000
11/17/2011	1335 Emerald St	Detached Home	$560,000
11/17/2011	722 Santa Barbara Pl	Detached Home	$655,000
11/18/2011	4767 Ocean Blvd # 911	Attached Condo	$568,500
11/18/2011	2441 Geranium St	Detached Home	$722,000
11/18/2011	840 Turquoise St # 310	Attached Condo	$142,000
11/18/2011	1994 DIAMOND St # 2	Attached Condo	$387,000
11/21/2011	4284 Kendall St	Townhome	$395,000
11/21/2011	3547 Buena Vista St	Detached Home	$700,000
11/21/2011	5263 Yost Pl	Detached Home	$849,000
11/23/2011	1145 Pacific Beach Dr # 108	Attached Condo	$665,000
11/28/2011	2114 Diamond St	Detached Home	$491,700
11/29/2011	2669 Figueroa Blvd	Detached Home	$362,000
11/29/2011	819 Ensenada Ct	Detached Home	$670,000
11/29/2011	4627 Ocean Blvd. Blvd # 110	Attached Condo	$300,000
11/30/2011	5051 La Jolla Blvd # 313	Attached Condo	$260,000
11/30/2011	1339 Oliver Ave	Detached Home	$660,000
11/30/2011	1349 Oliver Ave	Detached Home	$975,000
11/30/2011	4276 Lamont St	Detached Home	$397,000
11/30/2011	1024 Wilbur Ave # 4	Townhome	$540,000
11/30/2011	3991 Crown Point Dr # 211	Attached Condo	$365,000
11/30/2011	1775 Diamond St # 319	Attached Condo	$235,000
12/1/2011	3607 Ocean Front Walk # 7	Attached Condo	$1,525,000
12/1/2011	3607 Ocean Front Walk # 6	Attached Condo	$1,600,000
12/2/2011	1798 Missouri St # 12	Attached Condo	$150,000
12/2/2011	1323 Pacific Beach Dr # E	Townhome	$515,000
12/2/2011	1648 Beryl St	Detached Home	$662,000
12/2/2011	840 Turquoise St # 111	Attached Condo	$230,000
12/5/2011	750 Yarmouth Ct	Detached Home	$1,005,000
12/5/2011	936 Agate St	Townhome	$480,000
12/6/2011	3995 Crown Point Dr # 37	Attached Condo	$460,000
12/7/2011	1219 Hornblend St # D	Attached Condo	$465,000
12/7/2011	1263 Opal St	Detached Home	$725,000
12/9/2011	1934 Wilbur Ave	Detached Home	$550,000
12/9/2011	4310 Dawes St	Attached Condo	$412,000
12/9/2011	615 Wrelton Dr	Detached Home	$1,950,000
12/9/2011	3848 Bayside Walk	Detached Home	$3,000,000
12/12/2011	5051 La Jolla Blvd # 206	Attached Condo	$280,000
12/13/2011	1775 Diamond St # 122	Attached Condo	$129,000
12/14/2011	2180 Belloc Ct	Detached Home	$786,000
12/14/2011	4316 Fanuel St	Detached Home	$595,000
12/15/2011	5134 Soledad Rd	Detached Home	$715,000
12/16/2011	3993 Jewell St # B-24	Attached Condo	$212,500
12/16/2011	2118 Belloc Ct	Detached Home	$950,000
12/16/2011	1049 Felspar St # 35	Attached Condo	$240,000
12/16/2011	1334 Pacific Beach Dr	Townhome	$427,500
12/16/2011	3879 Ocean Front Walk	Detached Home	$6,800,000
12/19/2011	750 San Luis Rey Pl	Attached Condo	$675,000
12/20/2011	3967 Sequoia St	Detached Home	$950,000
12/20/2011	1555 Felspar St	Attached Condo	$429,000
12/22/2011	1420 Law St	Detached Home	$580,000
12/23/2011	2114 Diamond St	Detached Home	$585,000
12/27/2011	1336 Hornblend St # 2	Attached Condo	$472,250
12/28/2011	1445 Grand Ave # F	Attached Condo	$330,000
12/28/2011	1885 Diamond St # 323	Attached Condo	$250,000
12/28/2011	1059 Agate St # C	Attached Condo	$359,000
12/29/2011	1801 Thomas Ave	Attached Condo	$400,000
12/29/2011	3695 Ocean Front Walk # 3	Attached Condo	$2,150,000
12/30/2011	1855 Diamond St # 326	Attached Condo	$133,000
12/30/2011	1405 Missouri St	Detached Home	$730,000
12/30/2011	4092 Riviera Dr # 1	Attached Condo	$350,000

Data from SANDICOR, Inc. for 1/1/2011 through 12/31/11 and represents properties listed or sold by various brokers. If your property is currently listed this is not meant as a solicitation

Rancho Santa Fe, Tops 2011 List of Condo/Townhome Price Increases in North Coastal San Diego

Rocky Lall — Tue, 10 Jan 2012 09:22:12 +0000

While most communities in the coastal area of North San Diego County saw reductions in the median price for attached condominiums or townhomes, the communities of Rancho Santa Fe (92067 Zip code), Del Mar (92014 Zip), and Oceanside (92067), actually had median price increases from 2010 to 2011. The list below shows the median sales prices of attached condominiums or townhomes for the 15 Zip codes that make up the North San Diego coastal housing market.

Rank	City	Zip Code	2010 Median Price	2011 Median Price	Percent Change

1	Rancho Santa Fe	92067	$777,500	$1,035,000	33.12% *

2	Del Mar	92014	$452,500	$540,000	19.34%

3	Oceanside	92057	$145,000	$145,500	0.34%

4	Oceanside	92058	$160,500	$150,000	-6.54%

5	Carlsbad	92008	$380,000	$349,950	-7.91%

6	Oceanside	92054	$314,950	$290,000	-7.92%

7	Carmel Valley	92130	$410,000	$377,509	-7.92%

8	Cardiff	92007	$432,500	$395,000	-8.67%

9	Carlsbad	92009	$315,000	$285,000	-9.52%

10	Encinitas	92024	$413,500	$374,000	-9.55%

11	Carlsbad	92011	$425,500	$376,000	-11.63%

12	Oceanside	92056	$203,883	$179,240	-12.09%

13	Rancho Santa Fe	92091	$621,000	$545,000	-12.24%

14	Solana Beach	92075	$628,750	$535,000	-14.91%

15	Carlsbad	92010	$359,750	$295,000	-18.00%

*Note: only 2 condominiums/townhomes sold in Rancho Santa Fe (92067 Zip code) in 2011. Therefore, the reliability of this data is limited.

If you need real estate market information about any specific community, please contact me and I’d be happy to provide you the information you want.

Oceanside, Tops 2011 List of Home Price Increases in North Coastal San Diego

Rocky Lall — Tue, 10 Jan 2012 01:48:04 +0000

While most communities in the coastal area of North San Diego County saw reductions in the median price for detached single-family homes, the communities of Oceanside (92054 Zip code), Rancho Santa Fe (92067 Zip code), and Carmel Valley (92130 Zip Code), actually had median price increases from 2010 to 2011. The list below shows the median sales prices of detached single-family homes for the 15 Zip codes that make up the North San Diego coastal housing market.

Rank	Community	Zip Code	2010 Median Price	2011 Median Price	Percent Change

1	Oceanside	92054	$355,400	$385,000	8.33%

2	Rancho Santa Fe	92067	$1,979,500	$2,025,000	2.30%

3	Carmel Valley	92130	$890,000	$895,000	0.56%

4	Encinitas	92024	$750,500	$747,000	-0.47%

5	Cardiff	92007	$857,500	$850,000	-0.87%

6	Solana Beach	92075	$1,000,000	$990,000	-1.00%

7	Carlsbad	92009	$695,000	$680,000	-2.16%

8	Del Mar	92014	$1,337,500	$1,300,000	-2.80%

9	Oceanside	92056	$345,000	$335,000	-2.90%

10	Oceanside	92057	$340,250	$325,000	-4.48%

11	Carlsbad	92011	$739,500	$705,000	-4.67%

12	Oceanside	92058	$334,500	$310,000	-7.32%

13	Carlsbad	92010	$562,500	$510,000	-9.33%

14	Carlsbad	92008	$615,000	$548,750	-10.77%

15	Rancho Santa Fe	92091	$2,395,000	$1,396,015	-41.71%

If you need real estate market information about any specific community, please contact me and I’d be happy to provide you the information you want.

San Diego Real Estate Market Trends, 2011 Year-End Summary

Rocky Lall — Mon, 09 Jan 2012 16:53:39 +0000

The 2011 real estate market trends summary below provides information about the number of detached and attached homes and condos sold, changes in the median and average prices of properties between 2005 to 2011, and reports the average time a home stays on the market before an offer is accepted. Since detached homes have a different statistical pattern than attached condominiums or townhomes, the data is separated below for the two property types (detached homes vs. attached condominiums and townhomes).

NUMBER OF DETACHED HOMES SOLD

Graph 1 below shows the total number of detached homes sold based on the sales data in the San Diego MLS. The number of homes sold remained stable between 2010 and 2011, with this year adding only 198 more sales. The decline in the number of homes sold is more substantial if we compare 2005 sales to 2011. This period saw a 17.2% decline in the number of detached homes sold.

Graph 1 - Detached Homes Sold in San Diego from 2005 to 2011

NUMBER OF ATTACHED CONDOS AND TOWNHOMES SOLD

Graph 2 below shows the total number of attached condos and townhomes sold based on the sales data in the San Diego MLS. The number of condos and townhomes sold declined by 7.4% from 2010 to 2011. The decline in the number of properties sold is more substantial if we compare 2005 sales to 2011. This period saw a 27% decline in the number of condos and townhomes sold.

Graph 2 – Number of Attached Condos and Townhomes Sold from 2005 to 2011

AVERAGE AND MEDIAN PRICES

The average and median price statistics are commonly used measures to report changes in real estate prices over time, and to identify trends.

Detached Homes

The dark blue bars in Graph 3 below show the average prices of detached homes from 2005 to 2011, and the light blue bars show the median prices during the same period. The median price dropped from $384,000 in 2010 to $365,000 in 2011. This represents a 4.9% decline in the median price year-over-year, and a 2.7% drop in the average price. The price decline is more substantial if we compare 2005 prices to 2011 prices. During this period, the median price declined by 36.3%, and the average price dropped by 31.5%.

Graph 3– Changes in Average and Median Prices for Detached Homes from 2005 to 2011

Attached Condos and Townhomes

The dark blue bars in Graph 4 below show the average prices of attached condos and townhomes from 2005 to 2011, and the light blue bars show the median prices during the same period. The median price dropped from $220,000 in 2010 to $206,000 in 2011. This represents a 6.3% decline in the median price year-over-year, and a 2.1% drop in the average price. The price decline is more substantial if we compare 2005 prices to 2011 prices. During this period, the median price declined by 45.8%, and the average price dropped by 39.6%.

Graph 4 – Changes in Average and Median Prices for Attached Condos and Townhomes from 2005 to 2011

AVERAGE DAYS ON MARKET

The average number for days a home or condo stays on the market before an offer is made and accepted is one measure of demand in a real estate market. For detached homes, the average number of days increased from 67 in to 2010 to 76 in 2011. For attached condos and townhomes, the average number of days increased from 75 in 2010 to 86 in 2011. This means that, on average, it took sellers 10 days more to sell a property in 2011 than it did in 2010. The number of short-sales no doubt contributed to this increase as they normally take much longer to sell.

Graph 5 – Average Number of Days on Market Before an Offer is Accepted

The source data for this analysis was obtained from the San Diego MLS (Sandicor Inc). This analysis did not include Manufactured, Mobile, or Modular Homes.

November 2011 – Home Sales Data and Market Trends

Rocky Lall — Sat, 10 Dec 2011 18:02:37 +0000

The November 2011 real estate market trends report provides information about the number of detached and attached homes and condos sold, changes in the median and average prices of properties between 2005 to November 2011, and reports the average time a home stays on the market before an offer is accepted. Since detached homes have a different statistical pattern than attached condominiums or townhomes, the data is separated below fo the two property types (detached homes vs. attached condominiums and townhomes).

NUMBER OF DETACHED HOMES SOLD

The green bars in Graph 1 below show the total number of detached homes sold based on the sales data in the San Diego MLS. The orange line indicates the number of sales for that year up to the month of November. As of November 2011, a total of 19, 352 detached homes sold in San Diego during the year. This is only 215 more than was sold during the same period in 2010. It appears that 2011 overall sales of detached homes will be similar to numbers for 2010, and no way near the 25,670 sold homes in 2005. The spike in sales in 2009 is probably most attributable to the Federal Government’s First-Time Home Buyer rebate.

Graph 1 – Number of Detached Homes Sold From 2005 to November 2011

NUMBER OF ATTACHED CONDOS AND TOWNHOMES SOLD

The green bars in Graph 2 below show the total number of attached condos and townhomes sold based on the sales data in the San Diego MLS. The orange line indicates the number of sales for that year up to the month of November. As of November 2011, a total of 9,757 attached condos and townhomes sold in San Diego. That’s 802 fewer properties sold than the same period in 2010. Nonetheless, it appears that 2011 overall sales of attached condos and townhomes will be similar to numbers for 2010, and no way near the 14.573 attached condos and townhomes that sold in 2005. The spike in sales in 2009 and that continued through 2010 is probably most attributable to the Federal Government’s First-Time Home Buyer rebate.

Graph 2 – Number of Attached Condos and Townhomes Sold from 2005 to November 2011

AVERAGE AND MEDIAN PRICES

The average and median price statistics are commonly used measures to report changes in real estate prices over time, and to identify trends.

The green bars in Graph 3 below show the average prices of detached homes from 2005 to November 2011, and the blue bars show the median prices during the same period. The median price dropped from $384,000 in 2010 to $365,000 as of November 2011. This represents a 4.9% decline in the median price year-over-year, and a 2.4% drop in the average price. The price decline is more substantial if we compare 2005 prices to November 2011 prices. During this period, the median price declined by 36.3%, and the average price dropped by 31.2%.

Graph 3 – Changes in Average and Median Prices for Detached Homes From 2005 to November 2011

The green bars in Graph 4 below show the average prices of attached condos and townhomes from 2005 to November 2011, and the blue bars show the median prices during the same period. The median price dropped from $220,000 in 2010 to $206,000 as of November 2011. This represents a 6.3% decline in the median price year-over-year, and a 1.8% drop in the average price. The price decline is more substantial if we compare 2005 prices to November 2011 prices. During this period, the median price declined by 45.7%, and the average price dropped by 39.6%.

Graph 4 – Changes in Average and Median Prices for Attached Condos and Townhomes From 2005 to November 2011

AVERAGE DAYS ON MARKET

The average number for days a home stays on the market before an offer is made and accepted is one measure of demand in a real estate market. Comparing 2010 to November 2011 (see Graph 5 below), the average number of days has increased from 67 to 76 days for detached homes, and from 75 to 85 days for attached condos and townhomes. The means that, on average, it will take sellers 9-10 days more to sell a property in 2011 than it did in 2010.

Graph 5 – Average Number of Days on Market Before an Offer is Accepted

Walk for the Cure Lands in Pacific Beach

Rocky Lall — Sun, 20 Nov 2011 14:17:49 +0000

The Susan G. Komen 3-Day Walk For The Cure landed in Pacific Beach on November 18-20, 2011. The pictures above are of Fanuel Park in Pacific Beach, near the Visitors Center on MissionBay, and at various point along Sail Bay. In San Diego, the 60-mile route began on Friday, November 18th, at the Del Mar Fairgrounds, proceeded through La Jolla, and ended the day at the Taylor Public Library in Pacific Beach. On Saturday, November 19th, the participants began at Robb Field in Ocean Beach, and ended the day at the very southern tip of Mission Beach, San Diego. And on the final day, the route began at the Visitors Center on Mission Bay, and ended at the Reuben H. Fleet Space Theater in Balboa Park, San Diego. Approximately 3,600 people finished the walk. The closing ceremony was held at Petco Park on Sunday evening. The 2012 San Diego 3-Day for the Cure is scheduled for November 16-18, 2012.

2261 Adventure Lane, Chula Vista, CA 91915

Rocky Lall — Wed, 16 Nov 2011 15:08:36 +0000

This beautiful 3 bedroom, 2.5 bathroom, 1,870 square feet, detached condominium, sold on November 14, 2011. The sales price was $294,000. This home is located in the Cottage Lane neighborhood, which is situated in the heart of the Eastlake Community. The Cottage Lane neighborhood contains a community pool and spa. The Windingwalk Club House and the Windingwalk Park are within walking distance.

If you are interested in homes or condos in the Cottage Lane neighborhood, please contact us today. We are ready to answer your questions.

Map of 2261 Adventure Lane, Chula Vista CA 91915

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