Jane Loveday - San Diego Real Estate Blog: October 2011

Here's the latest real estate update for the city of San Diego as of October 5th, 2011.

Over the past two weeks we have had 326 single family homes and 225 condos/townhomes newly listed. The average price of the single family homes is $525,823 with $290 per square foot, the highest listing is priced at $2,495,000 and the lowest is just $95,000.

The highest priced home is not actually a home, but a lot in the Santaluz development of Fairbanks Ranch, with complete plans and permits to build a custom 6,850 sq ft home with 4 bedrooms and 4.5 bathrooms, the lot has panoramic views and is .7 acres. Now the lowest home is down in the Imperial Avenue area just west of City Heights, it's a contractor special so cash only please, has a new foundation but not much else!

We hae had 225 condos/townhomes newly listed also in the past two weeks, the average price is $358,994 with $296 per square foot, the highest listing is $5,500,000 and the lowest just $49,000.

The highest priced is a penthouse at the top of the Harbor Club downtown, 360 degree views, private elevator and entrance, 3 beds, 5 baths, 4,170 square feet, and your monthly HOA bill will be $2,117.00! At the other end of the scale we have a small 1 bed, 1 bath short sale fixer in City Heights, $250 HOA dues per month.

For your own personal market update just give me a call or email me, it is all completely free!