Sunday, February 10, 2013

El Cajon, CA 92020 - Home Values Increase 7.6%+ Over The Past Year #appraiser #elcajon

El Cajon, CA Real Estate Appraiser
In El Cajon, CA 92020, and as of the 12 month period ending 02/07/2013, single family residence sale prices ranged from $365,000 to $699,000, with a median of $559,000. The median sale price changed 12.8% over the past year indicating an 'increasing' property values trend.The median $/Sqft changed 7.6% over the past year indicating an 'increasing' property values trend. There are currently .77 months of housing inventory indicating a demand/supply trend of 'shortage'. The median market exposure time over the past 90 days was 32 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.
Zip Code Description:
In El Cajon, CA 92020, there is a mix of property types, with most being residential, schools, parks, or commercial. While a wider range of single family residence living areas are present, most properties range in living area size from 1,057 Sqft to 2,748 Sqft, with the most common being approximately 1,500 Sqft. Most properties range in year built from 1950 to 1980 with the most common year built being 1960. Views are present in the neighborhood and Realtors report that 80% of all properties have them. The views include: bay, city, evening lights, greenbelt, lake/river, mountain/hills, ocean, and panoramic. Public and private services, conveniences, and employment are typical of population centers throughout the county.
+Brian Ward
El Cajon, CA Real Estate Appraiser
(619) 630-9273

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