Sunday, February 17, 2013

Point Loma Home Values - Winter 2013

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Point Loma Home Values - Winter 2013

Receive a custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market. This guarantees you receive the most accurate information available. To find out what your Point Loma home is worth, fill out the information below:

Point Loma has a variety of homes from condominiums to luxury homes, many with views to the ocean, views or the bay or for the lucky a view of both. There are a lot of variables to take into account when figuring out the Market Value of Point Loma Homes. Location, age, upgrades, neighborhoods, construction and your view  all affects the total value of your home, which is why it is important to make sure you have an agent familiar with the ends and outs of Point Loma homes and community. Whether your home is a Waterfront Condos, or a house in La Playa, Wooded Area   or Loma Portal or one of Point Loma's other great neighborhoods we'll be able to give you an accurate up to date home value for your Point Loma home.



Point Loma, CA 92106 Market Statistics for February 2013

The median list price in February for single family homes in San Diego is $1,095,000. Up from November The price per square foot for listings in this area is $524.
The median sale price in December for single family homes is $595,000. The sale prices dropped by -19.1% from the previous month.
The price per square foot for sales in this area is $456.

The median number of days active properties have been listed is 49. This is significantly shorter than the national average and down from 72 in November


Distressed listings including Point Loma Short Sales and Point Loma Foreclosures are down from 5.6% of the market to 2%.

What do these statistics mean to the value of your Point Loma Home?
There aren't many houses on the market which is making the prices fluctuate from month to month depending on what is available.

The low inventory of homes for sale in Point Loma over all is causing upwards pressure on prices.

We have seen a substantial reduction in distressed inventory and an increase in traditional sellers.


 Click for more information about Point Loma Home Values and the Point Loma Real Estate Market.

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