San Diego East County 2013 Real Estate Review

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.

Jamul Real Estate Report July 2012

Here are the July real estate statistics for Jamul.  I have included the numbers for active, pending, and sold single family detached homes.

There are currently 33 active listings in Jamul.  Ranging from $175,000 for 2 bedrooms, 2 bathrooms, 1144 square feet to $1,250,000 for 6 bedrooms, 5 bathrooms, 6264 square feet.

18 properties are pending (currently in escrow).

7 properties sold (closed escrow) in July.  Ranging from $152,000 for 3 bedrooms, 2 bathrooms, 1975 square feet to $655,000 for 4 bedrooms, 4 bathrooms, 4193 square feet.  The average tme on the market for the properties that sold was 58 days.

Spring Valley Real Estate

As you know I am doing an open house this weekend for a home for sale in Spring Valley.  For those of you who are planning on attending I thought it would be good to share with you a real estate market report for Spring Valley.  A big part of buying a home is understanding the local market.  That way you can make an informed decision regarding how much to offer on a property and it will give you the ability to know a good deal when you see it.  This report shows you if the area prices are increasing or declining.  Before you submit an offer to purchase any property you should know what compartable properties are listed for but more importantly you should know what comparable properties SOLD for.  Especially in this market since bank owned properties are often listed for considerablly less than what they actually sell for.

It is imperative that you know what the house will sell for.  This will inable you to submit an offer that is neither too low, where you risk being outbid or too high.  If you are considering buying and selling a home, talk to me first.  I can prepare a market report for any area and show you what similar homes have sold for.  I am here to assist you in making informed decisions.  This goes for sellers too.  It is even more important that you understand the market so you list the property to maximize your profit but at the same time at level that will get it SOLD.  Call me with any questions. 

 Click here for Spring ValleyMarket report

Spring Valley Open House

Come to my Open House this weekend. The address is 2520 Doubletree, Spring Valley 91978. Saturday, September 17th, 12:00- 4:00pm.  Bring your friends and family.  I look forward to seeing you and answering all your real estate questions.  Spring Valley Open House Flyer

Broaden your Home Search - Avocado Village

When searching for a home, many buyers will limit their search to a specific zip code. You may have a specific area in mind and use the zip that covers most of that neighborhood. While this may be effective most of the time, sometimes this cannot benefit you. Here is an example. If you are looking for a home in Rancho San Diego you may be searching the 92019 zip code. But have you included the 91978 Spring Valley zip? This zip code covers the area by Steele Canyon high school and “Old Rancho”, up on the hill. Another zip code to search would be 91941. I know this is a La Mesa zip code but the area by Dixieline, the 24 hour gym and Vons, up on the hill is in the 91941 Zip code. If you are considering buying a condo in Rancho San Diego you should include these zip codes as well.


Avocado Village condo complex in La Mesa, is located just east of the Dixieline and Von’s shopping center at the end of the 94 and Via Mercado. This is a good complex to consider if you want to buy a home in Rancho San Diego. The complex consists of 1 and 2 bedroom units with 678-1068 square feet. Some units have mountain views and either attached or detached garages. The complex was built in 1985 and some units have been updated. When last checked the owner occupancy rate was 61%, which means it is eligible for FHA financing. (Please check current rate when you are ready to buy.) The current HOA fees are approximately $200-$230 per month. This fee covers common area maintenance, building exterior, sewer and trash. There is a pool and a spa.

The complex is stable. In the last 18 months 12 units have sold. There are currently 2 in escrow and there is only one active listing. It has 2 bedrooms, 2 bathrooms, and is 1068 square feet. It is listed for $170,000. Call me if you would like more information about this condo or if you would like me to help you purchase a new home.