Sunday, February 10, 2013

San Diego, CA 92129 Condo Values Are Increasing. By How Much? #appraiser #sandiego #condo

San Diego, CA Real Estate Appraiser
In San Diego, CA 92129, and as of the 12 month period ending 02/06/2013, condominium sale prices ranged from $130,725 to $232,500, with a median of $175,500. The median sale price changed 12.% over the past year indicating an 'increasing' property values trend.The median $/Sqft changed -1.2% over the past year indicating a 'stable' property values trend. There are currently .93 months of housing inventory indicating a demand/supply trend of 'shortage'. The median market exposure time over the past 90 days was 76.5 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 San Diego, CA 92129, 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 condominiums range in living area size from 752 Sqft to 1,407 Sqft, with the most common being approximately 1,000 Sqft. Most condominiums range in year built from 1976 to 1997 with the most common year built being 1990. Views are present in the neighborhood and Realtors report that 35% of all condominiums have them. The views include: city, evening lights, golf course, greenbelt, 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 92129 1 Year Price Index Trend:
San Diego, CA 92129 Condominium Zillow Price Index Trend
+Brian Ward
San Diego, CA Real Estate Appraiser
(619) 630-9273

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