This is a discussion on the sales prices of 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 Mt Helix, La Mesa, CA. These homes range in prices from a low of $360,000 for 4 bedroom 3.5 bath, and 3434 square foot home on Alpine ave. and a high price of $616,500 for a 4 bedroom, 2 baths, and 2,170 square foot home on Kimberly Woods. The average sold price is $555,633 the average price per square foot is $236 and the average days on market are 53 days. Sales price compared to list price is 97%.
During this same 90 day period last year, there were 13 homes that sold and closed escrow in Mt Helix La Mesa, CA. These homes range in price from a low of $345,000 for a 4 bedroom, 2 bath, and 2266 square foot home on Marguerita Ln. Up to the high price of $650,000 for a 3bedroom, 3 baths, 2394 square foot home on Vista Arroyo. The average price of these sold homes one year ago was $656,370 and the average price per square foot was $285. Also, the average days on the market were 52 days. Sales price compared to list price is 96%.
Comparing these figures to the current market are the following; the average price decreased by 14.5% and the average price per square foot decreased by 17%. Comparison on the number of sales increased by 15%.
Below is a bank owned property Just Listed
4843 Marguerita St,Mt Helix, CA 91941
Price: $419,900
Bedrooms: 3 Bathrooms: 2
SqFt: 1,713 Newer home located in Foothills of Mt Helix, tax record shows 3 bedroom, actually 4 bedrooms. Larger lot, mature palm trees. All NEW : stove, dishwasher, microwave, carpet, paint. A must see bfore it sells!
The prices have stabalized, compared to the rest of the market, high inventory and increase in foreclosures. Demand is higher do to increase in sales The market is starting to show signs of stability.
The above statistics is a broad sample of data, to get a specific value of a home or if you are thinking of buying in this area, please contact me.
If you would like to get loan information from recommended banks, or get started and view all homes, condos, investment properties, pre-foreclosures, bank owned foreclosures (REO’s) or thinking of selling your property, please visit our website at: County Properties San Diego or County Properties Riverside