Is this a good time to purchase property in San Diego, America’s finest city? Before taking a look at an area with one of the best buys in the city, let me give a recap of the number reason San Diego is one of the most desirable places in the world to live. San Diego has over 300 days of sunshine a year with an average temperature of 70 degrees and miles of rugged coastline. With home prices well below historic highs, in 2010 first-time home buyers took advantage of …
Based on recent data available, the buyer’s market for condos and loft spaces downtown continues to improve. Although the market has started to stabilize, foreclosure properties continue to put pressure on available inventory and keep pricing down.
Let’s take a look at how the different neighborhoods downtown are looking based off of data found on Trulia.com.
If we start with the East Village, the median sales price as of 1st Quarter 2011 was $311,000 which represents an 11.1% drop from last year. The number of sales is up 1% which represents an …
The MDS Dataquick reports continue to show an unprecedented gloomy outlook for San Diego’s housing market. Although home sales in December 2008 were 34.7% higher than home sales in December 2007, a full 50.4% were foreclosed on during the past year. However, if you are looking to buy a home, and are well qualified with good credit, and solid income, there are opportunities for you in San Diego that did not exist previously.
San Diego condo buyers are experiencing opportunities that they have not had in a long time. According to MDA Dataquick, the median price of a downtown resale condo was $415,000 during the third quarter of 2008. In November, it dropped to $377,500.
Look out San Diego…CondoDomain – San Diego is coming your way! Today was our grand launch into the San Diego condo marketplace and we are just getting started. If you visit our San Diego Condo website you will see that we have updated all the hottest new condo development and luxury buildings. This is just the beginning of building the ultimate San Diego Condo website!
Check out some of the hot new developments for sale:
Alta | Aperture | Solara Lofts |Search All New Condos
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