Happy New Year everyone! I wanted to take a moment and review how the San Diego East County real estate market looked for 2013. The market has definitely changed. Prices have stabilized and are rising in many areas. The inventory of homes on the market it very low and buyers are scrambling to get into a home before prices and interest rates go up further. More and more sellers are regaining equity in their homes and as a result, we are seeing very few short sales and REO sales at this time.
Here are some of the numbers. I have included, how many home sold in 2013 and the current number of active listings. The numbers include all residential styles including, single family homes, condos and manufactured/mobile homes. If you are considering selling and want to take advantage of the low inventory and reduced competition, please call me today. I would be happy to provide you with a market value report for your home.
El Cajon (92019) 544 homes sold in 2013. There are currently 119 active listings.
El Cajon (92020) 499 homes sold in 2013. There are currently 48 active listings.
El Cajon (92021) 632 homes sold in 2013. There are currently 85 active listings
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Alpine (91901) 232 homes sold in 2013. There are currently 64 active listings.
Jamul (91935) 81 homes sold in 2013. There are currently 22 active listings.
Lakeside (92040) 459 homes sold in 2013. There are currently 55 active listings.
Santee (92071) 756 homes sold in 2013. There are currently 84 active listings.
Spring Valley (91978) 106 homes sold in 2013. There are currently 18 active listings.
Spring Valley (91977) 679 homes sold in 2013. There are currently 88 active listings.
If you would like more information or want to see the numbers for another area, please feel free to let me know. I would be happy to help.
Feel free to visit My Website search for homes, run reports and read some great real estate articles.
