San Diego|News|
Highest Mortgage Rates Since Late 2023 Dampen SoCal Home Sales
The median home price in San Diego County was $1.02 million in May, a 2.1% decrease since the previous month's $1.04 million.
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The median home price in San Diego County was $1.02 million in May, a 2.1% decrease since the previous month's $1.04 million.
The price of a single-family home in May came in at $1,091,750.
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"The need for affordable housing in San Diego is greater than ever," San Diego Housing Federation CEO and president Stephen Russell said.
The San Diego County Treasurer-Tax Collector's Office sent 1,013,632 tax bills in early October.
We pull back the curtain on factors that increased costs for five forthcoming affordable housing complexes in San Diego.
The average price of a home sold in San Diego in the past year was $994,023, 9.4% higher than the previous year, according to Zillow.
The median price of an existing single-family home in San Diego County in February was $980,000, up from $925,000 the previous month.
Anyone can bid during the online property tax auction from March 22-27.
Over 400 tax-defaulted improved properties, townhomes, condominiums and timeshares are up for grabs in this March county auction.
Sales of attached properties in the San Diego area increased in January, while single-family home sales dipped, according to data.
Sales in all major regions dipped in December on a year-over-year basis, including 6.2% in Southern California.
Single-family resale home sales fell by more than 21% in December compared to a year ago and were down 9% from November, according to data.
The developments came from a pool of 24 proposal requests totaling more than $89 million for affordable housing across the region.
Even with slowing sales, the median price of single-family homes increased by 2% in November, according to data.
The annual San Diego Housing Commission report focuses on initiatives and the impact they have on lives of thousands of San Diegans.
One San Diego ZIP code was among the country's 10 priciest.
Sales of single-family detached properties were down nearly 23% in September compared to August, according to data.
The sale in Vista represents the second-largest multifamily transaction in the region. The purchase price breaks down to $381,578 per unit.
The median sale price of a single-family home was $1 million last month, up from $969,020 in July, the CA Association of Realtors reported.
Fallbrook, Santee, Encinitas, Oceanside North, Encanto, Escondido North and Vista East zip codes had the most home sales.
Just before the pandemic, in February 2020, San Francisco rents were 29 percent higher than rents in San Diego.
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Home prices in the county edged up in April for the second straight month, but remained below the prices of a year ago, a report found.
Fifteen percent of county households could afford to buy the $880,000 median-priced home in the first quarter of this year, a report found.
Sales of single-family homes dropped 13%, while condominium sales were off 11%. Both were down by more than a third from April 2022.
Nearly every local government in San Diego County failed in its efforts to create enough housing for the growing population, a report said.
The buyer, the Caine Group, has extensive experience with the San Diego-area redevelopment projects.
The Lincoln Hotel is currently occupied by El Cabron Restaurant on the ground floor, with 41 affordable housing units upstairs.
The median price of one-bedroom units in San Diego increased 1.3% to $2,400 last month.
The increase in San Diego was the highest among large U.S. metropolitan areas.
Local opposition is likely.
“This new lease in the San Diego submarket, adjacent to the border, will help them increase production turnaround times.”
Brixton plans to renovate the clubhouse and leasing office, the dog park, the courtyard, the pool area and to update the landscaping.
The median price of resale homes edged up again last month, though is still under last year.
The project will be designed around the Stadium Station trolley stop and public transit.
The Carlsbad Village building sits on a 9,588 square-foot lot about six blocks from the beach.
For the last 18 years, Angela Carlson has sold thousands of homes throughout Southern California.
Sorrento Commerce Park, a 35,514-square-foot property that was 100% leased to 11 tenants at the time of sale.