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 68 attached homes that have sold and closed escrow in El Cajon. These homes range in prices from a low of $76,000 for a 1 bedroom, 1 bath, and 710 square foot condo in El Cajon . To a high price of $325,000 for a 3bedrooms, 3 baths, 1866 square foot home in El Cajon on 1023 Long Shadow Court. The average sold price is $189,183. The average price per square foot is $197and the average days on market are 68 days.
During this same 90 day period last year, there were 101 homes that sold and closed escrow in El Cajon, CA. These homes ranged in price from $127,400 for a studio, 1 bath, 360 square foot home on 1160 EAST LEXINGTON # 25. On up to $423,900 for a 3 bedroom, 3 baths, 1876 square foot home on 106 DOUGLAS AVENUE. The average price of these sold homes one year ago was $264,691, the average price per square foot was $266 and the average days on market was 51 days. Comparing these figures to the current market are the following; the average price decreased by 39.9% and the average price per square foot decreased by 35%. This is drop in prices do to the correction in the market, high inventory and increase in foreclosures, which are good deals for buyers. Even though the market decrease it seems to be headed towards tapering off, read the following log for more info San Diego and Riverside CA Housing Crisis Is Over
The real estate market in El Cajon has been leveling 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.
Below is one of County Properties Real Estate listings located in El Cajon for sale.
Price drastically reduced to $93,000 to sell immediately, pre-foreclosure.
El Cajon CALIFORNIA, 92020
710 Square Ft. Beautiful Sunset views.Very bright & clean,upgraded 2nd story unit.LARGE living rm & bdrm.Newer paint,granite counters,tile floors & appliances,mirrored closet doors.Gated community.Walk to downtown El Cajon to restaurants & shopping.Near schools,parks,easy freeway access.