It’s the lower end of our price range that’s selling.
Check out the chart below and you’ll see that over 60% of the single family detached homes that sold in San Diego last year sold for under $400,000.
This means that if you are a buyer looking for deal in the under $400,000 range, you can expect competition. And if you are a seller in this market, you will do best if your property is in this lower price range.
All in all, it’s still true that the really low-priced and the very well cared for, super-cute properties are the most popular with buyers.
This lovely chart is compliments Charles Hoskowicz, my co-worker.
San Diego 2009 Single Family Detached Property Sold Prices