Paradise Hills Home Prices for December 2007

Based upon our research of the local San Diego County real estate market, it appears that the real estate market prices have decreased in Paradise Hills San Diego County; CA. Paradise Hills zip code is 92139.

This is a discussion on the sales prices for homes sold recently as compared to last year. In the past 90 days, there have been 15 homes that have sold and closed escrow in Paradise Hills, CA. These homes range in prices from a low of $265,000 for a 3 bedrooms, 1 bath, and 1228 square foot home on Schuyler St in the subdivision Huntington Park. To a high price of $430,000 for a 3 bedroom, 2 baths, 1166 square foot home in Paradise Hills  on SEABROOK LANE. The average sold price is $349,900. The average price per square foot is $288 and the average days on market are 94 days.

During this same 90 day period last year, there were 42 homes that sold and closed escrow in Paradise Hills, CA. These homes ranged in price from $265,000 for a 3 bedroom, 2 bath, 11194 square foot home on Alta View Dr . On up to $580000 for a 4 bedroom, 3 baths, Grove View Rd. , 2 story home. The average price of these sold homes one year ago was $452,185, the average price per square foot was $322 and the average days on market was 80 days. Comparing these figures to the current market are the following; the average price decreased by 29% and the average price per square foot decreased by 12%. This is drop in prices do to the correction in the market, high inventory and increase in foreclosures, which are good deals for buyers.

Below is one of the lowest priced for the square footage Wellsfargo Bank Foreclosures in map code 1290G7 of Paradise Hills for sale.

076085239_0_21_2 2373 Montcliff Road, Paradise Hills, CA 92139
Listed at a price of $457,900 this home features 5 bedrooms, 3 bathrooms 1,984 square feet with a large 5,863 square foot lot. Bank owned foreclosure. Two story home with family room, breakfast nook, Dining room/Living room combination. Laundry room with washer and dryer hook-ups.

  The real estate market in Paradise Hills has cooled off from a year ago, but we see several signs that a bottom is being reached at this time. If you would like to view all homes, condos or bank owned foreclosures (REO) listed for sale, please visit our website at: County Properties Real Estate.

No Comments

Post A Comment