Sunday, June 12, 2011

Vista, CA Housing Statistics

The median sale price in the city of Vista, CA has declined from $322,000 to $315,000 over the past year indicating a slightly declining to stable property values trend.  There are currently 5 months of housing inventory indicating a balanced demand/supply trend.  The median marketing time over the past 3 months was 38 days indicating a marketing time trend of under 3 months.  The ratio of bank sales and short sales to total sales has decreased from 54% last year to 48% over the past 3 months.

The city of Vista includes a mix of land uses including suburban and rural residential, light agriculture, commercial, public (i.e. schools, parks, gov.), and  religious centers.  Most properties range from average to good quality and condition. Although some properties exceed the following ranges, most properties range in living area size from 1,100 to 2,765 Sqft, were built between 1960 and 1996, have 2-4 bedrooms, and have 2-3 bathrooms.  Views of mountains, hills, a golf course, and distant views of the Pacific Ocean are available to some properties.

Brian Ward
State of California Real Estate Appraiser
(760) 636-6777
** Full appraisals for $299 - Most properties! **