Sunday, January 20, 2013

Chula Vista, CA 91910: Property Values Increased 5.6% Over the Past Year

In the Chula Vista, CA zipcode of 91910:  The median $/Sqft changed 5.6% over the past year indicating an 'increasing' property values trend. There are currently 3.58 months of housing inventory indicating a demand/supply trend of 'balanced'. The median market exposure time over the past 30 days was 29 days. Based on recent-past market exposure times, I anticipate that the typical/median marketing time will be under 3 months over the coming 90 days.
Chula Vista, CA zipcode includes includes a mix of property types, with most being residential, schools, parks, or commercial. While a wider range of living areas are present, most properties range in living area size from 967 Sqft to 2,817 Sqft, with the most common being approximately 2,000 Sqft. Most properties range in year built from 1949 to 1993 with the most common year built being 2000. Views are present in the neighborhood and Realtors report that 37% of all properties have them. The views include: bay, city, evening lights, , greenbelt, lagoon/estuary, , mountain/hills, ocean, and panoramic. Public and private services, conveniences, and employment are typical of population centers throughout the county.
Brian Ward
Chula Vista, CA Real Estate Appraiser
(619) 630-9273