July 2019 Real Estate Market in Review

July San Diego real estate market in review: As of July 2019, the median detached home in San Diego County sold for $650,000 up 2.8% from the previous year.

Detached Median Sales

As of  July 2019, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $425,000, up 2.4% from last year.

Attached median sales

The average detached home in San Diego spent 36 days on the market.

mkt time detsached

Condos, twinhomes, and townhomes in San Diego spent an average of 32 days on the market.

Avg Mkt Time Attached

As of July 2019, the average seller of a detached home in San Diego County receives 97.1% of the original list price at the close of the sale.

% Detached

As of July 2019, the owners of attached properties (condos, twinhomes, and townhomes) retained 97.6% of the original list price.

% attached

The inventory of homes in San Diego County is low but growing.

MOINV detached

The supply of attached properties rose a little bit but still is also quite low.

MOINV attached

Are you interested in seeing this breakdown for your San Diego community or zip-code? Let us know!

 

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June 2019 Real Estate Market in Review

June San Diego real estate market in review: As of June 2019, the median detached home in San Diego County sold for $650,000 up 3.3% from the previous year.

Detatched Med Sales

As of  June 2019, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $425,000, up 2.9% from last year.

att Med Sales

The average detached home in San Diego spent 36 days on the market.

3

Condos, twinhomes, and townhomes in San Diego spent an average of 32 days on the market.

Avg Market Time Detached

As of June 2019, the average seller of a detached home in San Diego County receives 97.0% of the original list price at the close of the sale.

Detached Avg %.PNG

As of June 2019, the owners of attached properties (condos, twinhomes, and townhomes) retained 97.7% of the original list price.

Att %

The inventory of homes in San Diego County is low but growing.

MOINV Det

The supply of attached properties rose a little bit but still is also quite low.

MOINV Att

Are you interested in seeing this breakdown for your San Diego community or zip-code? Let us know!

 

May 2019 Real Estate Market in Review

April San Diego real estate market in review: As of May 2019, the median detached home in San Diego County sold for $649,000 up 3.8% from the previous year.

1

As of  May 2019, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $423,000, up 2.9% from last year.

2

The average detached home in San Diego spent 36 days on the market.

3

Condos, twinhomes, and townhomes in San Diego spent an average of 31 days on the market.

4

As of May 2019, the average seller of a detached home in San Diego County receives 97.1% of the original list price at the close of the sale.

5

As of May 2019, the owners of attached properties (condos, twinhomes, and townhomes) retained 97.7% of the original list price.

6

The inventory of homes in San Diego County is low but growing.

7

The supply of attached properties rose a little bit but still is also quite low.

8

Are you interested in seeing this breakdown for your San Diego community or zip-code? Let us know!

 

April 2019 Real Estate Market in Review

April San Diego real estate market in review: As of April 2019, the median detached home in San Diego County sold for $647,000 up 4.5% from the previous year.

market report

As of  April 2019, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $420,000, up 3.7% from last year.

2

The average detached home in San Diego spent 34 days on the market.

ave market time det

Condos, twinhomes, and townhomes in San Diego spent an average of 30 days on the market.

ave market time att

As of April 2019, the average seller of a detached home in San Diego County receives 97.2% of the original list price at the close of the sale.

5

As of April 2019, the owners of attached properties (condos, twinhomes, and townhomes) retained 97.8% of the original list price.

6.PNG

The inventory of homes in San Diego County is still very low.

7.PNG

The supply of attached properties rose a little bit but still is also quite low.

pend

Are you interested in seeing this breakdown for your San Diego community or zip-code? Let us know!

 

San Diego Neighborhood Highlight: Scripps Ranch

scripps_Ranch

Scripps Ranch is a charming neighborhood suburb in the northeast part of San Diego County. Though inland, it’s still only about a half hour drive to the beach and close to many booming companies and attractions.

History

Scripps Ranch, like many things in Southern California such as the Scripps Institute of Oceanography and Scripps College, was named after the Scripps newspaper family. E.W. Scripps at first thought he was building a vacation home to get out of Illinois’ frigid winter.  He bought 400 acres of land, gave part of it to his sister, Ellen Browning Scripps, and built a ranch there at the site of where the members-only Scripps Ranch Swim and Racquet Club a community hub, now stands. He also built a castle, called Miramar, where the community of Miramar is today.

Real Estate

Scripps Ranch is considered one of the premiere neighborhoods of San Diego County. With a population of 29,000 and home values at a median of around $700K, Scripps Ranch is a desirable area for families. It has top-rated public and private schools and a variety of public parks and open spaces. 

The outlook for real estate here is good, with a 9% increase in home sales over last year.  Houses here retain their value in an area that has very few vacancies. While there are many single family homes, there are also a lot of condos and townhouses for sale, too, at prices well below $500K. If you’re looking for well-maintained and clean houses, Scripps Ranch is the perfect San Diego neighborhood for you!

Commuting

Scripps Ranch is home or close to many large high tech companies in the area. Among them, Intuit, one of the region’s largest employers, is located in nearby Rancho Bernardo. Broadcom is also close by, as is Fitbit.

If you work on the northwest side of the county over in UTC and Sorrento Valley, the commute’s not bad either—less than 10 miles. The commute to downtown San Diego is a bit longer at 18 miles.

Things to Do

There are lots of things to do in Scripps Ranch. Whether you have a growing family or you’re single, activities abound. Hoyt Park hosts Symphony in the Park, a concert series that has most sessions during the summer, but since San Diego is so mild, it also has a couple of concerts in the fall and winter. There’s a farmer’s market on the site of Innovations Elementary every Saturday, with produce from local growers, as well as kid-entertainment like face painters and balloon artists. Vendors also serve a variety of different foods for breakfast and lunch.

The Scripps Ranch Theatre is a popular and well-regarded community theater run by all volunteers, putting on many different shows, including those written by local playwrights. The Erin Hanson Gallery sells California impressionist paintings created by the local artist; there are frequent shows here open to the public.

The San Diego Zoo Safari Park, formerly the Wild Animal Park, is a few minutes up Interstate 15 in Escondido. At this massive zoo,  you can ride a tram through wild animal habitats, take a behind-the-scenes tour, sleep overnight in the park, take a hot air balloon ride, or zip line.

Scripps Ranch also offers many opportunities for hiking in and around the area. Black Mountain Open Space Park has a variety of trails where you can hike, stroll, or horseback ride. Mountain biking is also a popular pastime in these parts with many options.

Golfing is another big thing around here, with several different courses to choose from. In this area, there’s the executive course, Oaks North; the course at the Rancho Bernardo Inn; and, in nearby Poway, the Maderas Course, the top-rated course in San Diego County.

Restaurants

Despite Scripps Ranch being a suburb rather than a city spot, there are dozens of different restaurants in and around the area. Some of the most popular local spots include Gyu-Kaku, a Japanese grill where you can barbecue your own food at the traditional grill right at your table—including s’mores.

Ballast Point Brewing is a local brewery that’s become popular worldwide in recent years. The kitchen serves Californian cuisine. Cutwater Spirits Tasting Room and Kitchen serves up burgers, sandwiches, and its signature vodkas, whiskeys, and gins made on the premises. You can even get a distillery tour at the same time.

Shopping

Scripps Ranch has a few different shopping centers with grocery stores, including Scripps Ranch Marketplace,  which includes a bank, a Starbucks, and other standbys. By 2020, a project called Watermark will bring in a Whole Foods, a movie theater, more restaurants, and a Marriott hotel.

Only a few minutes further away is Mira Mesa, which has many more shops and a movie theater. Mira Mesa Market includes this, as well as the region’s largest Barnes and Noble bookstore, and many different chain restaurants.

Scripps Ranch is a family-oriented, quiet area that nevertheless has a lot of different activities to keep you occupied. Whether you want a local brew, a nature run, or a relaxing round of golf, Scripps Ranch has it all.

March 2019 Real Estate Market in Review

March San Diego real estate market in review: As of March 2019, the median detached home in San Diego County sold for $647,500 up 4.7% from the previous year.

1

As of  March 2019, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $420,000, up 3.7% from last year.

2

The average detached home in San Diego spent 34 days on the market.

3.PNG

Condos, twinhomes, and townhomes in San Diego spent an average of 30 days on the market.

4.PNG

As of March 2019, the average seller of a detached home in San Diego County receives 97.2% of the original list price at the close of the sale.

5

As of March 2019, the owners of attached properties (condos, twinhomes, and townhomes) retained 97.8% of the original list price.

6.PNG

The inventory of homes in San Diego County is still very low.

7.PNG

The supply of attached properties is also quite low.

8

Are you interested in seeing this breakdown for your San Diego community or zip-code? Let us know!

 

February 2019 Real Estate Market in Review

February San Diego real estate market in review: As of February 2019, the median detached home in San Diego County sold for $649,000 up 5.5% from the previous year.

median detached

As of  February 2019, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $420,000, up 3.7% from last year.

Twn median

The average detached home in San Diego spent 34 days on the market.

market time detached

Condos, twinhomes, and townhomes in San Diego spent an average of 29 days on the market.

market time attached

As of February 2019, the average seller of a detached home in San Diego County receives 97.2% of the original list price at the close of the sale.

detached %

As of February 2019, the owners of attached properties (condos, twinhomes, and townhomes) retained 97.9% of the original list price.

% attached

The inventory of homes in San Diego County is still very low.

MOINV Detached

The supply of attached properties is also quite low.

MOINV Attached

Are you interested in seeing this breakdown for your San Diego community or zip-code? Let us know!