Since real estate values vary with locality, I have divided the community into zip codes to provide a more accurate neighborhood measurement on your market’s movement. For those looking to purchase, availability reveals what you may reasonably expect to afford in the specific market. Availability also keeps sellers informed of their competition.
The number of houses in escrow can help gauge market demand and activity from season to season. Closed sales offer the best assessment of current market values. Average days on the market will help you estimate how long it should take to sell your home if it is correctly priced.
The median is the price at which there were as many houses listed or sold above it as below it. A higher median reflects more activity in the higher priced homes and vice versa. It is not the average price. Thanks for your comments and questions.
92646
Available: 14 (no bank owned or short sales)
Lowest: $240,000 for 1 bedroom, 1 bath, 810 sq. ft., near Newland and Indianapolis (senior community).
Median: $439,000 for 2 bedrooms, 2.5 baths, 1,650 sq. ft., near Beach and Garfield.
Highest: $1,495,000 for 5 bedrooms, 5 baths, 4,142 sq. ft., near Newland and Noelle.
Price range:
$200,000-$299,999: 1
$300,000-$399,999: 3
$400,000-$499,999: 5
$500,000-$599,999: 0
$600,000-$699,999: 1
$700,000-$799,999: 1
$1-1.5 million: 3
In escrow: 36.
Closed sales for 2013: 17
Lowest: $209,000 for 1 bedroom, 1 bath, 713 sq. ft.
Median: $375,000 for 2 bedrooms, 2.5 baths, 1,118 sq. ft.
Highest: $1,193,128 for 4 bedrooms, 4 baths, 3,585 sq. ft.; Average days on the market: 35.
92647
Available: 6 (2 bank owned, 0 short sales).
Lowest: $199,500 for 2 bedrooms, 1 bath, 835 sq. ft., near Beach and Terry.
Median: $246,750 for 2 bedrooms, 2 baths, 1,110 sq. ft., near Warner and Edwards.
Highest: $359,950 for 3 bedrooms, 3.5 baths, 1,525 sq. ft., near Beach and Warner.
Price range:
$100,000-$199,999: 2
$200,000-$299,999: 2
$300,000-$399,999: 2
In escrow: 29.
Closed sales for 2013: 6
Lowest: $144,000 for 1bedroom, 1 bath, 754 sq. ft.
Median: $221,500 for 2 bedrooms, 1 bath, 796 sq. ft.
Highest: $285,000 for 2 bedrooms, 2.5 bath, 1,264 sq. ft.; Average days on the market: 130
92648
Available: 38 (0 bank owned, 1 short sale).
Lowest: $169,000 for 1 bedroom, 1 bath, 600 sq. ft., near Ellis and Beach. (restrictions apply)
Median: $567,000 for 2 bedrooms, 3 baths, 1,664 sq. ft., near Beach and Yorktown.
Highest: $1,149,000 for 2 bedrooms, 2.5 baths, 2,280 sq. ft., near Main and 5th.
Price range:
$100,000-$199,999: 1
$200,000-$299,999: 3
$300,000-$399,999: 2
$400,000-$499,999: 6
$500,000-$599,999: 6
$600,000-$699,999: 5
$700,000-$799,999: 5
$800,000-$899,999: 1
$1,000,000- $1.2 million: 1
In escrow: 24.
Closed sales for 2013: 15
Lowest: $230,000 for1 bedroom, 1 bath, 700 sq. ft.
Median: $535,000 for 3 bedrooms, 3 baths, 1,439 sq. ft.
Highest: $945,000 for 3 bedrooms, 2 baths, 1,778 sq. ft., Average days on the market: 52
92649
Available: 22 (0 bank owned, 1 short sale).
Lowest: $129,900 for 1 bedroom, 1 bath, 843 sq. ft., near Heil and Bolsa Chica.
Median: $539,900 for 2 bedrooms, 3.5 baths, 1,336 sq. ft., near Saybrook and Heil.
Highest: $1,289,000 for 3 bedrooms, 2.5 baths, 2,044 sq. ft., near Bimini and Edinger.
Price range:
$100,000-$199,999: 2
$200,000-$299,999: 1
$300,000-$399,999: 6
$400,000-$499,999: 1
$500,000-$599,999: 3
$600,000-$699,999: 2
$700,000-$799,999: 2
$800,000-$899,999: 2
$900,000-$999,999: 1
$1,000,000- $1,299,000: 2
In escrow: 8.
Closed sales for 2013: 4
Lowest: $85,000 for 2 bedrooms, 1 bath, 1,032 sq. ft., (on leased land)
Highest: $285,000 for 3 bedrooms, 2 baths, 1,350 sq. ft.; Average days on the market: 55
Nancy Davis is a broker/Realtor and may be reached at nancydavis21@gmail.com or 714-504-7200.