Bonita, San Diego, Real Estate Market

admin — Mon, 06 Apr 2009 17:59:16 +0000

COMMUNITY INFORMATION

Bonita is located in California, within San Diego County’ s southern region. This community has about 18,396 residents, and 5,986 homes. Most residents here are around the age of 40.

TEMPERATURE

Temperature in Bonita is moderate, making it a very comfortable place to live. The weather is warmest during July, when temperatures reach an average high of 70°F. January is the coolest month, as temperatures drop to an average of 57° F

HOME AND REAL ESTATE PRICES

There is a great assortment of real estate, ranging from condominiums to townhouses, single-family homes and apartments. If looking for a one bedroom townhouse, or condominium, the prices start in the mid $200,000s. Two or three bedroom townhouses and condominiums start in the low $300,000s to $400,000s, respectively.

The prices of single family homes start much higher. A two bedroom, single family home starts in the high $400,00s, while a four bedroom single-family home may start in the low $600,00s. If looking for something in the middle, a three bedroom single-family home starts in the mid $500,000s.

REAL ESTATE MARKET TRENDS

Like most other markets in the United States, supply and demand are the driving forces of prices in real estate. Whether its a buyers’ markets or a sellers’ market, it is helpful to analyze home salves date for the most recent month available (ex. June 2006), compared against the same period the year before (June 2005).

The average price of single-family homes experienced a 7.9% decline, dropping from $849,990 in June 2005 to $782,500 in June 2006. Trends followed this price shift as more homes were sold in June 2006 (20 homes), than in June 2005 (7 homes). The average time it took to sell a home increased from 68 days (June 2005) to 69 days (June 2006).Over the past 12 months, the ratio between asking prices to sales prices increased. In June 2005, sellers obtained 93.6% of their asking prices, and in June 2006, 94.5% of their asking prices.

It is important to keep in mind that the data above is a snapshot in time. To understand enduring market trends, date must be evaluated over a longer period of time.

Carmel Valley, San Diego, Real Estate Market Trends

admin — Thu, 26 Mar 2009 16:32:40 +0000

COMMUNITY INFORMATION

Carmel Valley is master-planned community located in California’s San Diego County. This community should not be confused with the Carmel Valley region in Northern California.

The 92130 zip code houses Carmel Valley. Within this Californian community, there are approximately 34,471 residents and 12,387 households. The average age of the population is 35.16.

TEMPERATURE

The temperature in Carmel Valley is relatively moderate. The warmest time of year occurs in August during which temperatures reach an average high of 72°F. The coldest time of year occurs in December with average temperatures falling to 56° F. The Carmel Valley temperature is moderately cool. In August, the temperature reaches an average high of 72°F. In December, the temperatures reach their coldest at 56°

HOME AND REAL ESTATE PRICES

There are various housing options available in Carmel Valley. These options range from townhouses to condominiums and single-family homes. If looking for a townhouse, the one bedroom townhouse prices begin in the high $200,000s. Two bedroom townhouses start in the high $300,000s, while three bedroom townhouses start in the low $500,000s. Single-family houses are also available, with three bedroom houses starting in the high $500,000s. Four bedroom house prices begin in the low $700,000s.

REAL ESTATE MARKET TRENDS

Price shifts in real estate are subject to changes in supply and demand. Whether the market favors the buyer or seller, it is useful to analyze home sales data for the most recent month (June 2006), compared against the same period in the previous year (June 2005).

Single family homes reached a median price of $1,080,000 in June 2006, which was a 13.74% increase over June 2005. In contrast, the median price of condominiums and town homes decreased to $580,000 which is a 7.2% decline from the previous year. It is important to keep in mind that the data above is a small period in time. It is suggested that the data be evaluated over a longer duration to understand the market trends.

SCHOOL INFORMATION

In the Carmel Valley community, there are two school districts. The Solana Beach district serves the northern part of Carmel, and covers the elementary schools. The Del Mar Union School District covers the southern region.

All students enrolled in Carmel Valley schools undergo annual testing to evaluate academic performance. The test results are combined by the California Department of Education into a composite score known as the Academic Performance Index (API), which has a score range of 200 to 1000. The statewide goal is for schools to achieve a score of 800 or above.

According to the most recent data, the highest-ranking elementary school in the Carmel Valley area was Sage Canyon Elementary (API=963) which is followed by Torrey Hills School (API=950). Next on the list is Carmel Creek Elementary (API=946) and Carmel Del Mar Elementary (API=917). Carmel Valley Middle School earned an API of 821.

For high schools, the highest ranking was Canyon Crest Academy (API=842), followed by Torrey Pine High (API= 821).

Southern California Real Estate » Bedroom Townhouse

Bonita, San Diego, Real Estate Market

Carmel Valley, San Diego, Real Estate Market Trends