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San Diego Housing Market Analysis 2017

San Diego Housing Market Analysis 2017

San Diego County Residential Real Estate Market Analysis: 3rd Quarter 2017 ©2017

2017 San Diego real estate San Diego Housing Market Analysis 2017
By Mark A. Melikian California Certified Residential Appraiser P.O. Box 3051 Del Mar, California 92014 858-945-8996

The following is a market data summary of detached and attached properties as reported by the San Diego County MLS system. The data includes all zip codes in San Diego County. All projections discussed in this analysis will be updated throughout the year in subsequent quarterly reports.

Market Overview: The data provided analyzes residential real estate sales beginning in the year 2000, which is used as the base year. The number of sold listings in San Diego County peaked in 2003 at 42,746 units and decreased through 2008 to 23,972 units. Based on data from the first three quarters of 2017, the projected total number of units sold for the year will be 38,431, up from 36,236 sales in 2016 (see Figure 1).

San Diego real estate market

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San Diego home for sale 360° photography

San Diego home for sale 360° photography

3Br/2.5Ba home for sale. This home is located at 7944 Mission Bonita Dr. ZIP Code 92120.

This fine property is shown by appointment only. It is off Mission Gorge Road just about 3 miles East of Highway 15.

The value range pricing has just been reduced and is now $552,500-$572,500. Not only is this property approved for conventional mortgage financing, but, the development was approved for FHA and VA financing as well. Therefore, it’s possible that this property could be purchased with a very low or no down payment at all if the purchaser qualifies. Read more »


San Diego Mission Trails Home for Sale

San Diego Mission Trails Home for Sale — 7944 Mission Bonita Dr.

San Diego twin home for saleGood looking 3Br/2.5Ba w/open views from MBR & rear yard. Direct access two car garage with roll-up door with windows. Washer and dryer hook-ups with both gas or electric power. Next to the 5,700Ac. Mission Trails Park.

Value ranged priced: $552,500 to $572,500    MLS#170042207

San Diego 3Br home for sale

This Bel Air community which was built in the early 80s really had energy efficiency in mind when they were constructed. All the glass windows in the home are dual paned glass for energy conservation. There is natural gas water heat and forced air gas heating. Also, since every home in this community has its own garage, and there really is no through traffic, there is always plenty of on street parking for guests and special occasions. Read more »