Urban vs. Rural Living

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Trying to decide on what kind of environment you want to live in?  Both have their perks, however there are a few important factors to consider before making the decision.

Cost of Living

Generally speaking, city life will be a bit more pricey because your proximity to business establishments.  A 3 bedroom rural house might cost the same as a 1 bedroom urban apartment, not to mention HOA fees can be a lot higher in the city.

Amenities

The city-life has loads more to offer in the sense of clubs, restaurants, general entertainment and great for people who like to party, eat and shop outside.  However, if you are more interested in a more quiet lifestyle, then a house out in town is okay as well.

Family

Whether you have a family or thinking about starting one, being in the right kind of location is important.  Depending on your financial status, you can buy a home in the urban area if you don’t mind your kids growing up in a city.  However, if you are operating on a limited budget, you might want to opt for the rural living.

 

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June 2018 Real Estate Market in Review

June’s San Diego real estate market in review: As of June 2018, the median detached home in San Diego County sold for $629,000 up 7.5% from the previous year.

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As of  June 2018, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $413,000, up 6.7% from last year.

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The average detached home in San Diego spent 32 days on the market.

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Condos, twinhomes, and townhomes in San Diego spent an average of 26 days on the market.

Avg Mkt Time Attatched

As of June 2018, the average seller of a detached home in San Diego County receives 97.6% of the original list price at the close of the sale.

detatched % original

As of June 2018, the owners of attached properties (condos, twinhomes, and townhomes) retained 98.5% of the original list price.

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

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The supply of attached properties is also quite low.

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

May 2018 Real Estate Market in Review

May’s San Diego real estate market in review: As of May 2018, the median detached home in San Diego County sold for $625,000 up 7.8% from the previous year.

Median Sales Detatched

As of  May 2018, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $411,500, up 6.9% from last year.

Median Sales Twnhome

The average detached home in San Diego spent 32 days on the market.

Avg Mkt Time Detatched

Condos, twinhomes, and townhomes in San Diego spent an average of 26 days on the market.

Avg Mkt Time Attatched

As of May 2018, the average seller of a detached home in San Diego County receives 97.6% of the original list price at the close of the sale.

detatched % original

As of May 2018, the owners of attached properties (condos, twinhomes, and townhomes) retained 98.6% of the original list price.

attatcched % orig

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

MOINV Detatched

The supply of attached properties is also quite low.

MOINV Attatched

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

April 2018 Real Estate Market in Review

April’s San Diego real estate market in review: As of April 2018, the median detached home in San Diego County sold for $620,000 up 7.6% from the previous year.

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As of  April 2018, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $410,000, up 7.6% from last year.

Twnhmn median sales

The average detached home in San Diego spent 32 days on the market.

Detatched avg mkt time

Condos, twinhomes, and townhomes in San Diego spent an average of 26 days on the market.

attatched avg mkt time

As of April 2018, the average seller of a detached home in San Diego County receives 97.6% of the original list price at the close of the sale.

detatched % original

As of April 2018, the owners of attached properties (condos, twinhomes, and townhomes) retained 98.6% of the original list price.

attatcched % orig

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

MOINV Detatched

The supply of attached properties is also quite low.

MOINV Attatched

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

March 2018 Real Estate Market in Review

March’s San Diego real estate market in review: As of March 2018, the median detached home in San Diego County sold for $619,000 up 7.7% from the previous year.

Detatched Sales

As of  March 2018, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $406,000, up 6.8% from last year.

Attatched Sales

The average detached home in San Diego spent 33 days on the market.

Detached Mkt Time

Condos, twinhomes, and townhomes in San Diego spent an average of 26 days on the market.

Attatched Mkt Time

As of March 2018, the average seller of a detached home in San Diego County receives 97.6% of the original list price at the close of the sale.

Detached % Orig

As of March 2018, the owners of attached properties (condos, twinhomes, and townhomes) retained 98.6% of the original list price.

Attatched %

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

Detached MOINV

The supply of attached properties is also quite low.

Attached MOINV

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

February 2018 Real Estate Market in Review

February’s San Diego real estate market in review: As of February 2018, the median detached home in San Diego County sold for $618,000, up 8.8% from the previous year.

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As of  February 2018, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $405,000, up 7.1% from last year.

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The average detached home in San Diego spent 33 days on the market.

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Condos, twinhomes, and townhomes in San Diego spent an average of 26 days on the market.

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As of February 2018, the average seller of a detached home in San Diego County receives 97.6% of the original list price at the close of the sale.

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As of February 2018, the owners of attached properties (condos, twinhomes, and townhomes) retained 98.6% of the original list price.

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

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The supply of attached properties is also quite low.

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

January 2018 Real Estate Market in Review

January’s San Diego real estate market in review: As of January 2018, the median detached home in San Diego County sold for $595,000 up 6.9% from the previous year.

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As of  January 2018, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $410,000 up 9.3% from last year.

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The average detached home in San Diego spent 41 days on the market.

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

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As of February 2018, the average seller of a detached home in San Diego County receives 96.8% of the original list price at the close of the sale.

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As of February 2018, the owners of attached properties (condos, twinhomes, and townhomes) retained 98.2% of the original list price.

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

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The supply of attached properties is also quite low, but picked up slightly in January.

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