Top 10 Most Affordable Homes in Clairemont–Market Update–June 25, 2012

By
Real Estate Agent with Century 21 Award
http://actvra.in/CZf

Market Update for Clairemont – 92117 – June 25, 2012

INVENTORY SHORTAGE –The big news is still low inventory. However, the good news for homeowners and seller’s alike is that 92% of the active homes on the market in Clairemont are traditional sales – that is, they are not short sales or foreclosures. This is great news for Clairemont! Days on the market has also gone down this week 17% to 48 days on average to sell a home.

Clairemont, in the 92117 zip code – is a central community located in the city of San Diego, California. Clairemont is comprised of several neighborhoods within the 92117 boundaries: BayPark, Bay Ho, and Clairemont Mesa.

Central location

Beyond it’s diversity in housing choices from entry level homes to million dollar views, Clairemont is central to shopping, major freeways (805, 5, 52 and 163), medical facilities (10 minutes from VA hospital, UCSD, Scripps and Sharp), public and private schools, public libraries, and public transportation. It’s located just east of PacificBeach; about 10 minutes from the ocean and just 5 minutes from San Diego’s Mission Bay.

10 Least Expensive Single Family Homes in Clairemont – 92117
As of
June 25, 2012

 

Sale Type

Street

Bed/Bath

Est SF

Price$

Days on
Market

10

Traditional

Genesee Ave

3/1

925

$409,000

34

9

Traditional

Sunglow Ct

3/3

1,383

$385,000-395,000

2

8

Traditional

Javier St

3/2

1,404

$325,000-389,000

2

7

Traditional

Epanow Ave

3/1

912

$389,000

37

6

Traditional

Moccasin Ave

3/1

1,152

$389,000

18

5

Traditional

Dalles Ave

3/1

888

$359,000

20

4

Traditional

Oak Glen Ln

2/1

726

$345,000

151

3

REO

Jemez Dr

3/1

1,183

$335,900

57

2

Probate

Onondaga Ave

5/2

1,573

$335,000

10

1

Short Sale

Conrad Ave

3/1

984

$259,500

2

There are currently 36 houses for sale in 92117 - Clairemont, Bay Ho and BayPark with an average list price of $587,669.
54 Pending escrows (Traditional sale escrows) with an average list price of $438,361.
26 Contingent escrows (Short Sale escrows) with an average list price of $366,933.
Recently sold average price is $436,958 taking on average 48 days to sell.

as of 06/25/2012 03:00 PM Eastern

Product

Interest Rate

APR

Conforming 1and FHA Loans

30-Year Fixed

3.875%

4.051%

30-Year Fixed FHA

3.750%

4.827%

15-Year Fixed

3.000%

3.308%

5-Year ARM

2.375%

3.196%

5-Year ARM FHA

2.500%

3.000%

Larger Loan Amounts in Eligible AreasConforming and FHA.1

30-Year Fixed

4.000%

4.130%

30-Year Fixed FHA

3.750%

4.775%

5-Year ARM

2.625%

3.238%

Jumbo1 Loans – Amounts that exceed conforming loan limits1

30-Year Fixed

4.250%

4.382%

5-Year ARM

2.875%

3.325%

If you are interested in the community of Clairemont or any of its neighborhoods, call on the real estate specialist and San Diego native who has made Clairemont her family’s home for 30+ years.

Search Clairemont homes and call me for an appointment to view any of the homes you find.

Posted by

Valarie Swanson
REALTOR®
DRE #01803552

Century 21 Award


Search the MLS for free - sign up to receive email alerts for new properties -

www.ValarieSwanson.com

 

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Topic:
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Location:
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Rainmaker
373,651
Gina Tufano
Ask Gina & Company, Northern Virginia Real Estate
Ask Gina & Company with Keller Williams Realty Loudoun Gateway

When inventory is low, that means prices go up. Hello sellers market! Wait, what? 

Best wishes to you in the Clairemont area!

June 25, 2012 02:09 PM
Rainmaker
1,077,127
John Pusa
Your All Time Realtor With Exceptional Service
Sellstate Pacific Realty

Varaie - Thank you for sharing detailed quality information on top ten most affordable homes in Clairemont market update June 25, 2012.

June 25, 2012 04:29 PM
Rainer
66,080
Valarie Swanson
San Diego Real Estate
Century 21 Award

Gina and John, thanks for stopping by. This is a nice change of pace here in my community!

June 26, 2012 07:32 AM
Ambassador
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Robert (Vegas Bob) Swetz
Commercial & Residential Real Estate Agent
REALTY ONE GROUP - LAS VEGAS, NEVADA 702.443.7156

Hello Valarie ... some great information on wonderful communities in California, featured at ...

CALIFORNIA DREAMING

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June 26, 2012 08:05 AM
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Valarie Swanson

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Additional Information

If it's happening in San Diego then I'm probably writing about it. And, if it's happening in real estate you can bet I am. My blog is focused on helping people learn about the process of buying and selling real estate and everything that goes along with it including the emotional up's and down's. Every once in a while I will also spotlight neighborhoods like Clairemont, Bay Park and Point Loma that I love to work in (because I'm lucky enough to live here). I'm a San Diego native, so I love to share this great city with others who appreciate it as much as I do and want own a piece of heaven right here on Earth in San Diego.