San Diego, CA 92105 Property Values Are Increasing, But By How Much? #SanDiego #appraiser

Statistics:

In San Diego, CA 92105, and as of the 12 month period ending 02/06/2013, single family residence sale prices ranged from $95,000 to $475,000, with a median of $227,000. The median sale price changed 26.5% over the past year indicating an 'increasing' property values trend. The median $/Sqft changed 28% over the past year indicating an 'increasing' property values trend. There are currently .81 months of housing inventory indicating a demand/supply trend of 'shortage'. The median market exposure time over the past 90 days was 13 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. The change in property values is likely more dramatic than actual changes due to a surge in renovated properties and a decrease in bank/short sales.

Zip Code Description:

In San Diego, CA 92105, there is a mix of property types present with most being residential, schools, parks, or commercial. While a wider range of living areas are present, most single family residences range in living area size from 724 Sqft to 1,520 Sqft, with the most common being approximately 1,500 Sqft. Most single family residences range in year built from 1931 to 1966 with the most common year built being 1960. Views are present in the neighborhood and Realtors report that 59% of all single family residences have them. The views include: bay, city, evening lights, green belt, lagoon/estuary, mountain/hills, ocean, and panoramic. Public and private services, conveniences, and employment are typical of population centers throughout the county.

San Diego, CA 92105 - 5 Year Median Sale Price Trend
This is from Zillow.com and I take no responsibility or credit for it:

+Brian Ward
San Diego, CA 92105 Real Estate Appraiser
www.san-diego-appraiser.com
brian@san-diego-appraiser.com
(858) 367-4577

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