Mt. Helix Park is truly the “Crown Jewel” of San Diego East County. From its towering height, visitors enjoy breathtaking panoramic views. Mt. Helix Park has long been a public favorite for outings, weddings, musical shows, and celebrations. Mt. Helix Mountain offers 360 degree amazing views of the eastern part of the county. The amphitheater at the top of the mountain is used for theatrical presentations and popular Easter sunrise services. Homes in Mt. Helix at 91941 La Mesa, are elevated with views of San Diego County and come in various varieties from exotic modern construction, custom mansions with expansive views, to quaint cabins on old Avocado groves.
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 14 homes that have sold and closed escrow in Mt. Helix, CA. These homes range in prices from a low of $380,000 for a 3 bedroom, 2 bath, and 1,314 square foot home on Estrella Dr.. With a high price of $1,155,175 for a 5 bedroom, 5 baths, and 5,307 square foot home on Grandview Drive. The average sold price is $627,048 the average price per square foot is $254 and the average days on market are 55 days. Sales price compared to list price is 95%.
During this same 90 day period last year, there were 15 homes that sold and closed escrow in Mt. Helix, CA. These homes range in price from a low of $560,000 for a 4 bedroom, 3 bath, and 2,090 square foot home on Vista Arroyo. Up to the high price of $1,887,500 for a 4 bedroom, 3 baths, 3,938 square foot home on Heavenly Way. The average price of these sold homes one year ago was $841,900 and the average price per square foot was $302. Also, the average days on the market were 43 days. Sales price compared to list price is 96%.
Comparing these figures to the current market are the following; the average price decreased by 25.5% and the average price per square foot decreased by 15.9%. Comparison on the number of sales decreased by 6.6%.
The prices decreased inline compared to the rest of the market, because of tighter lending guide lines and increase in foreclosures. The sales activity decreased by 6.5% which still shows a demand for homes in Mt. Helix, CA. The total picture shows signs of good stability for Mt. Helix prices. Due to the low interest rates and high demand for the Mt. Helix area and low prices there has been a lot of activity including multiple offers on properties, especially bank owned.