Historic time for BUYERS in San Diego, CA to buy Bank owned homes!!!

By
Real Estate Broker/Owner with Integrity First Realty

Sales statistics and Median Sales Price

It cleary shows in just 1 year how much of a decline that has occured. This is a historic time for any buyers to get in a home before we see stabilization. We have the PERFECT situation brewing in our city.

  • HISTORIC LOW INTEREST RATES
  • LOW AFFORDABLE HOME PRICES
  • THE 2ND BEST CLIMATE IN THE ENTIRE US

This is San Diego and we are known for our great weather and friendly city. I am already seeing many relocation's from other states gobbling up this opportunity. Check out the stats!

We have hundreds of homes under $200,000 that use to sale in the $400,000 range. Our company alone has tons of bank owned bargains. I never thought I would see these prices ever again! Hooray for the first time buyers & especially for our V/A military buyers.

 Single Family Residence
 Time Period Number of Sales Median Sale Price 
 Sep 2008 2,023 $370,000 
 Sep 2007 1,128 $541,000 
 Aug 2008 1,947 $385,000 
 Aug 2007 1,673 $565,000 
 2008 YTD 17,117 $409,000 
 2007 18,300 $555,000 
 Condominium
 Time Period Number of Sales Median Sale Price 
 Sep 2008 1,047 $245,000 
 Sep 2007 788 $370,000 
 Aug 2008 1,075 $266,500 
 Aug 2007 1,130 $360,000 
 2008 YTD 9,317 $290,000 
 2007 13,147 $375,000 

Sandicor MLS San Diego, CA

If you are thinking of buying a home call us at Integrity First Realty.  We have hundreds of listings to choose from. Call 619-454-2937 for a list of bank owned properties.

Posted by

Leilani Almazan

Broker

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Leilani Almazan

Leilani Almazan, SRS-ABR-CFS,CPRES,GHS
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