By Michele Engleman, San Diego Real Estate
Michele Engleman, Seniors Real Estate Specialist
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UNIVERSITY HEIGHTS / NORMAL HEIGHTS / TALMADGE
SINGLE FAMILY HOME
San Diego, CA 92116
Fri Sep 10 2021 This week the median list price for San Diego, CA 92116 is $1,169,500 with the market action index hovering around 78. This is less than last month's market action index of 84. Inventory has increased to 22. Click here to stay informed with the San Diego market!
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
Because there are so many real estate agents to choose from in our region, hiring a real estate agent is simple. Selecting the finest real estate agent, on the other hand, is a tough task. Selecting the finest real estate agent, on the other hand, is critical when purchasing real estate. Because the finest real estate agents can assist you in locating the most suitable home at the most reasonable cost.
Thanks, Levi. I appreciate your reply. I agree with you more. I am committed to deliver a real estate experience that earns a lifetime relationship with my clients.
I promise to provide the highest possible quality representation and service to each of my clients and to exceed their expectations to the fullest possible extent and pledge to improve the financial lives of my clients, strategic alliances, and employees to help them exceed their greatest goals and to find the most suitable home at the most reasonable cost in the shortest amount of time. #sdre4u, #findyourperfecthome
To get a mortgage, the self-employed face several practical difficulties, such as the fact that their mortgage lender uses their net income to estimate their annual income, despite omitting business expenses from their tax returns to save money at tax time. It may seem that the self-employed borrower has a low income and a high expenditure despite the accounting discrepancy, even when the truth is very different. Taking out an adjustable-rate loan and then saving up for a self employed mortgage refinancing in the future may be the best option for the borrower.
By Michele Engleman, San Diego Real Estate
Michele Engleman, Seniors Real Estate Specialist
-
San Diego, CA 92117 Fri Sep 10 2021 This week the median list price for San Diego, CA 92117 is $912,000 with the market action index hovering around 78. This is less than last month's market action index of 81. Inventory has increased to 42. Click here to stay informed with the San Diego market! Market Action Index This answers “How’s the Market?” by comparing rate of sales versus inventory. Buyer's Market Seller's Market 0 10 20 30 40 50 60 70 80 90 100 Today Today Last Month Last Month 78 78 Strong Seller's Market The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again. Real-Time Market Profile Never miss important changes in the San Diego market. Median List Price $912,000 Median Price of New Listings $912,000 Pe
By Michele Engleman, San Diego Real Estate
Michele Engleman, Seniors Real Estate Specialist
-
Our Concierge Services goes ‘above and beyond’ traditional real estate services. As a way to assist busy buyers and sellers we offer concierge service with their real estate - related needs by vetted vendors or reliable referrals. Michele Engleman - “the most important element of every real estate transaction is to go beyond expectations - exceed them - I am dedicated to providing quality representation to homebuyers and sellers” Combining her native entrepreneurial spirit with continuing education in real estate and nearly two decades of experience in the San Diego real estate marketplace, Michele Engleman brings passion, knowledge, and the discipline of practice to each transaction she undertakes. Michele prides herself on her appetite to be as informed as possible about the San Diego real estate market. Michele has a BA in Economics and Finance from San Diego State University. She attends weekly seminars to stay current with the ever changing real estate market and has obtained
By Michele Engleman, San Diego Real Estate
Michele Engleman, Seniors Real Estate Specialist
-
SINGLE FAMILY HOMES San Diego, CA 92111 Fri Sep 10 2021 This week the median list price for San Diego, CA 92111 is $833,400 with the market action index hovering around 74. This is less than last month's market action index of 78. Inventory has decreased to 14. Click here to stay informed with the San Diego market! Market Action Index This answers “How’s the Market?” by comparing rate of sales versus inventory. Buyer's Market Seller's Market 0 10 20 30 40 50 60 70 80 90 100 Today Today Last Month Last Month 74 74 Strong Seller's Market The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. Real-Time Market Profile Never miss important changes in the San Diego market. Median List Price $833,400 Media
Because there are so many real estate agents to choose from in our region, hiring a real estate agent is simple. Selecting the finest real estate agent, on the other hand, is a tough task. Selecting the finest real estate agent, on the other hand, is critical when purchasing real estate. Because the finest real estate agents can assist you in locating the most suitable home at the most reasonable cost.
ReplyDeleteThanks, Levi. I appreciate your reply. I agree with you more. I am committed to deliver a real estate experience that earns a lifetime relationship with my clients.
DeleteI promise to provide the highest possible quality representation and service to each of my clients and to exceed their expectations to the fullest possible extent and pledge to improve the financial lives of my clients, strategic alliances, and employees to help them exceed their greatest goals and to find the most suitable home at the most reasonable cost in the shortest amount of time. #sdre4u, #findyourperfecthome
To get a mortgage, the self-employed face several practical difficulties, such as the fact that their mortgage lender uses their net income to estimate their annual income, despite omitting business expenses from their tax returns to save money at tax time. It may seem that the self-employed borrower has a low income and a high expenditure despite the accounting discrepancy, even when the truth is very different. Taking out an adjustable-rate loan and then saving up for a self employed mortgage refinancing in the future may be the best option for the borrower.
ReplyDelete