San Diego California resale single family home appreciation
In the table below, www.brokerforyou.com looked at selected high value ($750,000 & up) home areas in San Diego that had 15 or more closed resales in 2007.
It seems that the San Diego upper value single family home resale market is doing quite well. This is especially true when compared to the huge value drops experienced in the San Diego condominium market as well as the sizable double digit losses in value seen in the median San Diego single family homes. See our prior post on condominium values at:
San Diego California condominium values Also, our prior chart on single family homes can be viewed at: San Diego California real estate values
October 2007 – *Percent Change is for the median price from the same month last year.
San Diego homes $750,000 and up.
City/Area |
Zip Code |
# of Sales |
Median |
% Changed |
| Carlsbad SE | 92009 | 23 | $775,000 | 14.9% |
| Carlsbad SW | 92011 | 16 | $895,000 | 15.5% |
| Carmel Valley | 92130 | 21 | $912,000 | -6.9% |
| Cordinado | 92118 | 12 | $1,462,500 | -2.5% |
| Encinitas | 92024 | 32 | $790,000 | -4.2% |
| La Jolla | 92037 | 23 | $2,352,500 | 62.2% |
| Mission Beach, Pacific Beach | 92126 | 18 | $495,000 | -1.0% |
| Point Loma | 92131 | 14 | $949,000 | 17.0% |
| Rancho Bernardo W | 92127 | 22 | $855,000 | 19.2% |
| Scripps Ranch | 92131 | 17 | $785,000 | 9.0% |
Data source: www.dqnews.com as of November 15th, 2007 [tags] San Diego real estate, San Diego homes, San Diego California, real estate bubble, housing bubble[/tags] San Diego California Realtors
The government should take draconian measures like a creating a repo market to hide bank losses ? Or maybe draconian measures like bailing out home speculators because they might incur a loss?
Daniel
San Diego Hotels & Tourism
We have excessive real wealth that is burnt away by the finance industries in sucking real good money after worthless assets. Energy, Commodities hit so high that pull the carpet from under everyone’s feet.
Kathy
San Diego Real Estate
OK America Business & Politicians…..its time for you idiots to get out of the way of those who have real answers to save the economy. You idiots have been in power too long. You don’t know what you’re doing trying to save those stupid banks and mortgage companies. You’ve screw the American public oput of their equity in their homes, that which was driving this economy. Theat was the “ATM†of the consumer. Let OBAMA and his team come on the field and shut down that stupid war, and put plans in place to put America back to work.
Francesca
San Diego County Real Estate Brokers