Typical Average

[gdcox]

Can anyone kindly name some typical average areas. By typical I mean, in relation to the current market, is in the middle between the extremes of areas that are

1)over-priced and bound to fall a great deal due to over-building/new area on periphery/ low equity and/or sub-prime dominated and areas that are

2) high priced and stable due to exclusivity / high income/ near beach / high equity and/or no new build.

Thanks

Graham

[jpinpb]

Everyone will have their own opinion on this. I’m no expert, just learning from here. For me, I think of Clairemont or North Park/Normal Heights as average areas. Within those communities there is fluctuation in price from street to street.

I would say downtown is overbuilt and over-priced. Many units sitting empty and prices are coming down.

Holding steady is Foreclosure Ranch and Del Servitude. Definitely built a lot out there. Prices are starting to come down. I would say that is an upper-end area. Places like Poison Ivy Gate are seeing foreclosures. Hit and miss up there, but I’m seeing prices getting reduced, more so than Carmel Valley.

LJ is slowly seeing some reductions. I guess for high-end at the beach, they will suffer the least.

Hopefully others will comment more about North County or South County, or even East.

[jpinpb]

Everyone will have their own opinion on this. I’m no expert, just learning from here. For me, I think of Clairemont or North Park/Normal Heights as average areas. Within those communities there is fluctuation in price from street to street.

I would say downtown is overbuilt and over-priced. Many units sitting empty and prices are coming down.

Holding steady is Foreclosure Ranch and Del Servitude. Definitely built a lot out there. Prices are starting to come down. I would say that is an upper-end area. Places like Poison Ivy Gate are seeing foreclosures. Hit and miss up there, but I’m seeing prices getting reduced, more so than Carmel Valley.

LJ is slowly seeing some reductions. I guess for high-end at the beach, they will suffer the least.

Hopefully others will comment more about North County or South County, or even East.

[jpinpb]

Everyone will have their own opinion on this. I’m no expert, just learning from here. For me, I think of Clairemont or North Park/Normal Heights as average areas. Within those communities there is fluctuation in price from street to street.

I would say downtown is overbuilt and over-priced. Many units sitting empty and prices are coming down.

Holding steady is Foreclosure Ranch and Del Servitude. Definitely built a lot out there. Prices are starting to come down. I would say that is an upper-end area. Places like Poison Ivy Gate are seeing foreclosures. Hit and miss up there, but I’m seeing prices getting reduced, more so than Carmel Valley.

LJ is slowly seeing some reductions. I guess for high-end at the beach, they will suffer the least.

Hopefully others will comment more about North County or South County, or even East.

[jpinpb]

Everyone will have their own opinion on this. I’m no expert, just learning from here. For me, I think of Clairemont or North Park/Normal Heights as average areas. Within those communities there is fluctuation in price from street to street.

I would say downtown is overbuilt and over-priced. Many units sitting empty and prices are coming down.

Holding steady is Foreclosure Ranch and Del Servitude. Definitely built a lot out there. Prices are starting to come down. I would say that is an upper-end area. Places like Poison Ivy Gate are seeing foreclosures. Hit and miss up there, but I’m seeing prices getting reduced, more so than Carmel Valley.

LJ is slowly seeing some reductions. I guess for high-end at the beach, they will suffer the least.

Hopefully others will comment more about North County or South County, or even East.

[jpinpb]

Everyone will have their own opinion on this. I’m no expert, just learning from here. For me, I think of Clairemont or North Park/Normal Heights as average areas. Within those communities there is fluctuation in price from street to street.

I would say downtown is overbuilt and over-priced. Many units sitting empty and prices are coming down.

Holding steady is Foreclosure Ranch and Del Servitude. Definitely built a lot out there. Prices are starting to come down. I would say that is an upper-end area. Places like Poison Ivy Gate are seeing foreclosures. Hit and miss up there, but I’m seeing prices getting reduced, more so than Carmel Valley.

LJ is slowly seeing some reductions. I guess for high-end at the beach, they will suffer the least.

Hopefully others will comment more about North County or South County, or even East.

[(former)FormerSanDiegan]

For Central San Diego the obvious typical average neighborhood is Clairemont.
It was built out in the early 1960’s. Some parts are nicer (e.g. Mount streets or West Caliremont/Bay Ho /Bay Park). Some parts aren’t so nice. No room to build out. No recent massive development. Prices tend to hover around the median for existing SFRs. This was true in the mid-1990s and still holds today.

[(former)FormerSanDiegan]

For Central San Diego the obvious typical average neighborhood is Clairemont.
It was built out in the early 1960’s. Some parts are nicer (e.g. Mount streets or West Caliremont/Bay Ho /Bay Park). Some parts aren’t so nice. No room to build out. No recent massive development. Prices tend to hover around the median for existing SFRs. This was true in the mid-1990s and still holds today.

[(former)FormerSanDiegan]

For Central San Diego the obvious typical average neighborhood is Clairemont.
It was built out in the early 1960’s. Some parts are nicer (e.g. Mount streets or West Caliremont/Bay Ho /Bay Park). Some parts aren’t so nice. No room to build out. No recent massive development. Prices tend to hover around the median for existing SFRs. This was true in the mid-1990s and still holds today.

[(former)FormerSanDiegan]

For Central San Diego the obvious typical average neighborhood is Clairemont.
It was built out in the early 1960’s. Some parts are nicer (e.g. Mount streets or West Caliremont/Bay Ho /Bay Park). Some parts aren’t so nice. No room to build out. No recent massive development. Prices tend to hover around the median for existing SFRs. This was true in the mid-1990s and still holds today.

[(former)FormerSanDiegan]

For Central San Diego the obvious typical average neighborhood is Clairemont.
It was built out in the early 1960’s. Some parts are nicer (e.g. Mount streets or West Caliremont/Bay Ho /Bay Park). Some parts aren’t so nice. No room to build out. No recent massive development. Prices tend to hover around the median for existing SFRs. This was true in the mid-1990s and still holds today.

[Author]

Posts