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2013-08-27 06:09:15
Best Advice For San Diego Home buyer and Sellers

 

San Diego County ADVICE FOR BUYERS

  • With mortgage rates on the rise and a strengthening employment sector, now may be the best time to purchase a home, before buyer competition heats up. 
  • Get prequalified for a loan you can afford today! Stay updated through our website with immediate alerts to new listings. 
  • One of the best ways to have your offer considered over other offers is to be quick. I'll take my clients out immediately on the first day of showings. With comps and market data in hand, we will strategically and quickly make a plan of action to get your offer accepted in as timely a manner as possible. Search homes in San Diego

ADVICE FOR SELLERS

  • If you are thinking about selling your home, trends will tell you how many listings your area has. Fewer listings give you a competitive advantage. 
  • In San Diego, we’ve seen that the market is yielding about 1.3% increase in home values per month. The lack of inventory is helping home prices rise!  Get a free market analysis

Contact your specialists, Melia and Oliver Indra, for your custom market analysis. We will study your specific neighborhood with regards to how many homes are currently on the market, how many are pending escrow, and what the closed sales prices were. This data will allow a strategic marketing plan to bring as many buyers as possible to your home, to ensure your home is sold quickly and for the best possible price.  

San Diego Market Advice for Buyers and Sellers

SAN DIEGO COUNTY

August 2013

YOUR MARKET UPDATE | AT-A-GLANCE Housing Market Strong Despite Tight Inventory

 

  • Though cash buyers and investors seemed to hold off a bit last month, homebuyer demand is holding strong. In fact, 47% of all homes sold this past June were on the market for less than a month according, to the National Association of Realtors.
  • California’s median home price for new, resale homes and condos posted $352,000 for June, making this the 16th consecutive month where the sales price rose year-over-year. In the same month, the six county Southland boasted a median home price of $385,000, up 28.3% says DataQuick. 
  • This marks the highest year-over-year increase in the past five years.

 

Take a look at some of the hot zip codes in California experiencing substantial growth in median sales price from Q1 to Q2.

• Newport Beach, the affluent city in Orange County - 92660, up 37.3% to $1,440,000

• Hillcrest/Mission Hills, a trendy enclave in San Diego County - 92103, up 31.4% to $620,000

• Santa Barbara, between the Santa Ynez Mountains and Pacific Ocean - 93101, up 30.7% to $732,000 • Brentwood, nestled near Santa Monica Mountains in Los Angeles - 90049, up 29.7% to $1,581,000

 

 
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