According to First American CoreLogic there were 43 sales in the El Cajon zip code of 92019 during the period from 03/15/2010 to 04/15/2010 of which 17 were bank sales (39.5% of all recent sales were bank sales). First American also reports that in the El Cajon zip code of 92019 there are currently 108 bank owned homes, 176 properties in pre-foreclosure (notice of default filed and 60 days+ late on mortgage, but NOT in foreclosure) and 147 properties that are in active foreclosure with auction dates set. These statistics indicate that foreclosure activity remains high and that further declines in property values are possible.
Brian Ward Appraisal
http://elcajon.diegoappraisal.com/
Brian Ward Appraisal
http://elcajon.diegoappraisal.com/