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Blog: REAL ESTATE MARKETS

May 2018 Real Estate Market in Review

May’s San Diego real estate market in review: As of May 2018, the median detached home in San Diego County sold for $625,000 up 7.8% from the previous year.

Median Sales Detatched

As of  May 2018, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $411,500, up 6.9% from last year.

Median Sales Twnhome

The average detached home in San Diego spent 32 days on the market.

Avg Mkt Time Detatched

Condos, twinhomes, and townhomes in San Diego spent an average of 26 days on the market.

Avg Mkt Time Attatched

As of May 2018, the average seller of a detached home in San Diego County receives 97.6% of the original list price at the close of the sale.

detatched % original

As of May 2018, the owners of attached properties (condos, twinhomes, and townhomes) retained 98.6% of the original list price.

attatcched % orig

The inventory of homes in San Diego County is still very low.

MOINV Detatched

The supply of attached properties is also quite low.

MOINV Attatched

Are you interested in seeing this breakdown for your San Diego community or zipcode? Let us know!

House 2 Home Success Stories: Montellano Terrace

We have discovered that the best way to sell a San Diego house quickly and for the best price is to turn it into a home.

We have aligned ourselves with the best in the business to do whatever it takes to prepare a house for sale and turn it into a buyer’s dream home. Whether it’s painting, replacing carpet or flooring, landscaping,cosmetic repairs, or staging, we know what to do to prepare your home to shine.

The House 2 Home Program was created as a way to showcase these seller services. Whether you’re currently still living in a home or are selling a vacant property, we will be happy to discuss our plan to prepare your home for the San Diego Market.

We’ll take you inside a few of the homes that have benefited from our House 2 Home Program. Real sellers, real homes, real measurable results. These are their stories:

Montellano Terrace

Montellano h2h1

Previously Listed With 1 Other Broker BEFORE House 2 Home

Days on Market AFTER House 2 Home: 12 Days

What We Did: We painted walls, painted cabinets, installed new flooring, carpet, lighting and counter tops. We then staged the house, and took professional photos.

Montellano h2h3

Montellano h2h4 (1)

June 2018 Real Estate Market in Review

June's San Diego real estate market in review: As of June 2018, the median detached home in San Diego County sold for $629,000 up 7.5% from the previous year.

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As of  June 2018, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $413,000, up 6.7% from last year.

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The average detached home in San Diego spent 32 days on the market.

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Condos, twinhomes, and townhomes in San Diego spent an average of 26 days on the market.

Avg Mkt Time Attatched

As of June 2018, the average seller of a detached home in San Diego County receives 97.6% of the original list price at the close of the sale.

detatched % original

As of June 2018, the owners of attached properties (condos, twinhomes, and townhomes) retained 98.5% of the original list price.

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The inventory of homes in San Diego County is still very low.

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The supply of attached properties is also quite low.

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Are you interested in seeing this breakdown for your San Diego community or zipcode? Let us know!

San Diego Home Prices Rise More Than The Nationwide Average

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In March, San Diego’s home prices raised an impressive 7.7% from the past year. This ranked San Diego in the top 10 cities of highest yearly price increases. Home prices increased all over California. San Francisco, Los Angles and San Diego were all above the national average and they show no sign of slowing down. In April, San Diego’s home prices continued to grow, sitting 8.6% higher than the year before. That pushed San Diego’s median home price to $570,000 which broke the record that was previously set in March. This increase was led by the escalating cost of condos. Condo prices increased by 11.7% and have a median price of $430,000.

S&P CoreLogic Case-Shiller Indices for March 2018

Yearly increases by city

1 Seattle — 13 percent

2 Las Vegas — 12.4 percent

3 San Francisco — 11.3 percent

4 Denver — 8.6 percent

5 Los Angeles — 8.1 percent

6 Detroit — 7.9 percent

7 San Diego — 7.7 percent

8 Tampa — 7.5 percent

9 Phoenix — 6.8 percent

10 Portland — 6.7 percent

11 Atlanta — 6.2 percent

12 Charlotte — 6.2 percent

13 Minneapolis — 6.1 percent

14 Boston — 5.8 percent

15 Dallas — 5.8 percent

16 New York — 5.2 percent

17 Miami — 5 percent

18 Cleveland — 4.6 percent

19 Washington, D.C. — 3 percent

20 Chicago — 2.8 percent

Nationwide — 6.5 percent

April 2018 Real Estate Market in Review

April’s San Diego real estate market in review: As of April 2018, the median detached home in San Diego County sold for $620,000 up 7.6% from the previous year.

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As of  April 2018, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $410,000, up 7.6% from last year.

Twnhmn median sales

The average detached home in San Diego spent 32 days on the market.

Detatched avg mkt time

Condos, twinhomes, and townhomes in San Diego spent an average of 26 days on the market.

attatched avg mkt time

As of April 2018, the average seller of a detached home in San Diego County receives 97.6% of the original list price at the close of the sale.

detatched % original

As of April 2018, the owners of attached properties (condos, twinhomes, and townhomes) retained 98.6% of the original list price.

attatcched % orig

The inventory of homes in San Diego County is still very low.

MOINV Detatched

The supply of attached properties is also quite low.

MOINV Attatched

Are you interested in seeing this breakdown for your San Diego community or zipcode? Let us know!

March 2018 Real Estate Market in Review

March’s San Diego real estate market in review: As of March 2018, the median detached home in San Diego County sold for $619,000 up 7.7% from the previous year.

Detatched Sales

As of  March 2018, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $406,000, up 6.8% from last year.

Attatched Sales

The average detached home in San Diego spent 33 days on the market.

Detached Mkt Time

Condos, twinhomes, and townhomes in San Diego spent an average of 26 days on the market.

Attatched Mkt Time

As of March 2018, the average seller of a detached home in San Diego County receives 97.6% of the original list price at the close of the sale.

Detached % Orig

As of March 2018, the owners of attached properties (condos, twinhomes, and townhomes) retained 98.6% of the original list price.

Attatched %

The inventory of homes in San Diego County is still very low.

Detached MOINV

The supply of attached properties is also quite low.

Attached MOINV

Are you interested in seeing this breakdown for your San Diego community or zipcode? Let us know!

February 2018 Real Estate Market in Review

February’s San Diego real estate market in review: As of February 2018, the median detached home in San Diego County sold for $618,000, up 8.8% from the previous year.

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As of  February 2018, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $405,000, up 7.1% from last year.

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The average detached home in San Diego spent 33 days on the market.

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Condos, twinhomes, and townhomes in San Diego spent an average of 26 days on the market.

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As of February 2018, the average seller of a detached home in San Diego County receives 97.6% of the original list price at the close of the sale.

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As of February 2018, the owners of attached properties (condos, twinhomes, and townhomes) retained 98.6% of the original list price.

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The inventory of homes in San Diego County is still very low.

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The supply of attached properties is also quite low.

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Are you interested in seeing this breakdown for your San Diego community or zipcode? Let us know!

January 2018 Real Estate Market in Review

January’s San Diego real estate market in review: As of January 2018, the median detached home in San Diego County sold for $595,000 up 6.9% from the previous year.

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As of  January 2018, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $410,000 up 9.3% from last year.

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The average detached home in San Diego spent 41 days on the market.

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Condos, twinhomes, and townhomes in San Diego spent an average of 32 days on the market.

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As of February 2018, the average seller of a detached home in San Diego County receives 96.8% of the original list price at the close of the sale.

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As of February 2018, the owners of attached properties (condos, twinhomes, and townhomes) retained 98.2% of the original list price.

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The inventory of homes in San Diego County is still very low.

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The supply of attached properties is also quite low, but picked up slightly in January.

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Are you interested in seeing this breakdown for your San Diego community or zipcode? Let us know!

Just Sold: January 2018

Thank you for all your support, here are some of the properties Coastal Premier Properties has helped clients buy or sell throughout the county this month. If we can help you or someone you know, please contact us!

Caminito Pointe Del Mar

(Del Mar)

SOLD

*Represented Buyer

Located in Rare Gated Community West of the 5 Freeway & in Del Mar!” Luxurious and modern home with open floor plan. Completely remodeled from top to bottom. High ceilings with windows everywhere give amazing natural light. All new kitchen with stainless appliances, marble counters, custom tile back splash and wine refrigerator. All new bathrooms. New flooring, doors, windows. Private backyard with lush, mature landscaping and private spa. Master bedroom with spa-inspired en suite. Sold for $1,499,000.

Goldenaire Way

(Rancho Santa Fe)

SOLD

*Represented Seller

Beautifully decorated executive home in The Lakes above RSF, a gated enclave of newer homes centrally located between Del Sur/4S Ranch & RSF. Open concept floorplan w gourmet kitchen, huge family room, game room, downstairs expanded guest suite w kitchenette, loft & more. Large yard includes multiple outdoor entertaining areas w a CA room w cozy fireplace & TV prewire, custom designed outdoor kitchen, grassy area for kids to play, garden beds & possible addition of a pool. 2 car gar w storage area. PUSD! Sold for $1,370,000.

Twin Gables Court

(Poway)

SOLD

*Represented Buyer

STUNNING custom built home in one of Poway’s most desirable cul-de-sacs. Perfect family home! This home has it all: Open concept great room with grand foyer and staircase, gourmet kitchen with two islands, downstairs Master, Office, Media room with snack center and 3 additional ensuite bedrooms with walk in closets and built in desks. Outside entertainment includes a Lagoon Pool with waterfalls and slide, entertainment pavilion with Fireplace, Outdoor Kitchen, TV and large grassy area. Sold for $1,265,000.

Maycrest Lane

(Sorrento Valley)

SOLD

*Represented Buyer

Entertainer’s DREAM! Enjoy your own Saltwater pool/spa with solar mats to keep the pool the perfect temp yr round. Plus whole house SOLAR which is OWNED. Spacious chef’s kitchen boast GE Monogram appliances with 6top gas range, spacious island, granite counter tops and 12×24 travertine floors. Family room has in ceiling surround sound, updated fireplace & wood floors. Gorgeous living room with custom front doors, vaulted ceilings. 3-car garage with epoxy floors… Sold for $1,053,000.

Deer Canyon Place

(Rancho Penasquitos)

SOLD

*Represented Seller

Premium location within the coveted Torrey Highlands Montea neighborhood. Boasting a quiet cul-de-sac location on a large lot close to a Tot-Lot park, this amazing home offers a spacious back yard with beautiful patio perfect for entertaining! The stunning interior with brand new wood-like ceramic tile and fresh paint has open floor plan, high ceilings, features 1BR/BA and an office down, 4BR/2BA up, lg gourmet kitchen w/center island, granite counters, maple cabinetry & nook, spacious family rm, formal. Sold for $990,000.

Creekstone Lane

(Poway)

SOLD

*Represented Seller

Beautifully updated with new quartz counters, backsplash & SS microwave & d/w, brand new carpets, fresh decorator paint thru-out. Upstairs hall bathroom features quartz counters, new fixtures and sinks. Remodeled master bath w/new vanities, gorgeous stone tile shower w/frameless enclosure. Low maintenance porcelain tile floors in all baths and hardwood floors in main living areas with carpet insets. Sold for $880,000.

Woodlake Dr

(Cardiff)

SOLD

*Represented Buyer

Must see 2017 exquisitely remodeled single story, detached, corner lot home! The spacious living room is light & bright with a beautiful gas fireplace. New tile & carpet are very stylish perfect for any decor. The gorgeous kitchen is complete w/quartz counters, soft close cabinets, & stainless appliances. The kitchen leads to a charming outdoor space w/built in BBQ & Fire Pit. Updated bathrooms include new vanities, quartz counters & subway tile. Sold for $843,500.

Vista Rim Pl

(Vista)

SOLD

*Represented Buyer

Welcome to paradise! Ocean view executive home in gated Vista Grove Estates. Enter through the dramatic foyer that features soaring ceilings w/crown moulding, large windows that brighten the space and wood flooring. Gourmet kitchen with stainless steel appliances overlooks the private backyard featuring a outdoor fireplace, built in BBQ, gazebo, waterfall and more views! Downstairs bedroom has ensuite bathroom. Large master bedroom has a retreat and balcony. Sold for $840,000.

Lofty Trail Dr

(Rancho Bernardo)

SOLD

*Represented Buyer

Motivated Seller! Newly renovated 2-story 4bdrm home w/ views in High Country West! Downstairs master suite has a walk-in closet, marble shower w/ LED rainforest showerhead & dual sinks. Extensive upgrades include new wood cabinetry, stone countertops, int/ext paint, new flooring, plumbing & lighting. Spacious custom kitchen has new SS appliances, large peninsula & many extras. New backyard deck to relax & enjoy the view. Brand new 4 Ton Trane HVAC. HOA includes a pool/spa tennis, VB & BB courts. Turnkey! Sold for $765,000

Rios Rd

(Rancho Bernardo)

SOLD

*Represented Buyer

Wonderfully upgraded 4 bedroom house located in RB with dual Master Bedrooms!! Open layout with Large deck in backyard. Newer kitchen with bead board backsplash, granite counter tops, and appliances. Newer rustic farmhouse floors, A/C, Furnace, roof, and plumbing under house. Freshly painted interior and exterior. Poway school district. 12 fruit trees on property (2 lemon, 2 Orange, loquat, peach, pear, plum, apricot, cherry, apple, and grapefruit). Sold for $740,000.

Elm Dr

(Vista)

SOLD

*Represented Seller

Enchanting property in the heart of Vista! Charming ranch style home on 40,500 sq ft lot w/ pool, beautiful gardens w/ mature landscaping, covered patio, storage shed, huge side yard w/ RV hook ups, rec room, & more! Distinctive floorplan offers “Great Room” including gourmet kitchen w/ granite counters, stainless appliances & large family room. Spacious master suite w/ retreat & master bath with luxurious upgrades. Other features include: Hardwood floors, 2-car garage, laundry room w/ sink & storage.

Sold for $710,000.

Caminito Inocenta

(Mira Mesa)

SOLD

*Represented Buyer

Desirable & Spacious Tierra Mesa Twin Home on a cul de sac. Features an open floor plan with 4th bedroom and full bathroom downstairs, 2 car attached garage, lovely yard w/private patio & garden. Vaulted ceilings, wood burning fireplace. Close to UTC, UCSD, La Jolla, Del Mar & beaches. Complex features landscaping, pool & spa. Sold for $660,000

Huntington Rd

(San Marcos)

SOLD

*Represented Seller

Charm meets function in this beautiful home ideally located in the Village of Hampton Hills in the heart of San Marcos. This 4 bed/2.5 bath home boasts recently updated kitchen w/white wood cabinetry, granite counters,stainless appliances & breakfast nook w/ built in window seat. Living room w/ new carpet & fireplace, dining room with views of lush landscape. Spacious backyard has plenty of room for entertaining & backs to serene greenbelt with private access. Award winning San Marcos Schools & Colleges

Sold for $637,500.

Calle Montera

(Escondido)

SOLD

*Represented Buyer

Prepare to be dazzled as you enter this exquisite home loaded with features such as plantation shutters, vaulted ceilings and decorative light fixtures. You will be warmly welcomed by a serene living room basked in sunlight and a dining room perfect for entertaining. The family room has a cozy fireplace and flows into the breakfast nook and kitchen. The kitchen is bright and offers a lot of cabinet and counter space as well as a gas cook top, white appliances, recessed lighting and a large island. Sold for $635,000.

Caminito Vista Pacifica

(Scripps Ranch)

SOLD

*Represented Buyer

GORGEOUS VIEWS of Miramar Lake. Welcome to the gated community of Promontory@Scripps Lake. This lovely well maintained unit is a single level and an upper unit w no stairs. 2 Bedrooms w a large master bedroom which has sweeping views of the lake. Both full bathrooms are spacious w a walk in closet. Large Balcony. Detached 2 car garage with lots of space & storage. Complex is very quiet and well maintained with community pool and walking trails down to the lake. Sold for $635,000.

 Burgundy St

(Del Cerro)

SOLD

*Represented Buyer

UPGRADED, Allied Gardens POOL Home! You’’ll LOVE the impressively remodeled bathrooms, granite countertops in kitchen, hardwood floors and versatile neutral paint throughout. All of this plus an over-sized Family Room, dual pane vinyl windows, central heating and AC, updated plumbing & brand new water heater. This home has what everyone wants; a true entertainer’s backyard complete w/ a sparkling POOL & COVERED PATIO. Sold for $614,000.

Renkrib Ave.

(San Carlos)

SOLD

*Represented Buyer

This light, bright, & spacious San Carlos ranch home is move-in ready! 4 bedrooms, 3 full baths, and an open concept kitchen that flows into the living and dinning rooms make this home perfect for modern living. The extra large bonus room opens up onto the beautiful courtyard and would make an excellent family room or home office. Entertain your friends and family while enjoying the gorgeous mountain views from the large grassy backyard and covered patio. A true gem! Sold for $570,000.

Sevan Ct D

(Mission Valley)

SOLD

*Represented Buyer & Seller

Charm meets function in this beautiful home ideally located in the Village of Hampton Hills in the heart of San Marcos. This 4 bed/2.5 bath home boasts recently updated kitchen w/white wood cabinetry, granite counters,stainless appliances & breakfast nook w/ built in window seat. Living room w/ new carpet & fireplace, dining room with views of lush landscape. Spacious backyard has plenty of room for entertaining & backs to serene greenbelt with private access. Award winning San Marcos Schools & Colleges  Sold for $565,000.

Creststone Place

(Carmel Valley)

SOLD

*Represented Buyer

Excellent Carmel Valley location! This single-story, first-level entry 2-bed, 2-bath townhome. Prime location means easy access to the I-5 freeway and top-rated area schools as well as shopping, restaurants movies and more less than a mile away in the Del Mar Highlands plaza. Amenities include a shared pool and tennis amenities, while this unit offers convenience & opportunity with dual-master bedrooms, outdoor patio, hardwood, new carpet, detached single-car garage & ample guest parking. Sold for $560,000.

Caminito El Rincon 

(Carmel Valley)

SOLD

*Represented Seller

Beautifully remodeled 2brm/2bath corner upper unit offers high-end wood laminate flooring, cozy fire place, spacious balcony with side-by-side washer/dryer, A/C, lots of natural light, covered parking plus lots of guest parking. Unit location is close to pool, tennis court and gym; Resort living at its best! All this plus close to all the best Carmel Valley has to offer! Sold for $500,000.

Elisa Ln

(Poway)

SOLD

*Represented Seller

Beautiful upgraded condo located in Savannah Terrace. Great interior location with open floor plan. Kitchen features granite counters & gorgeous decorator backsplash. Newer laminate flooring in living room, crown molding, updated baths w granite counters & convenient indoor laundry w full size stacked washer/dryer. Charming balcony for outdoor entertaining w/park view. Complex features tennis courts, BBQ area, pool & more. Close to freeways, shopping, restaurants. Low fees. Poway Schools! Sold for $480,000.

Carmel Country Rd

(Carmel Valley)

SOLD

*Represented Buyer

Located in coastal Carmel Valley within 3 miles of the sandy Del Mar beaches. This move-in ready home offers fresh white cabinetry & granite counter tops. The living room has a cozy gas fireplace and direct access to the view balcony. The kitchen has tons of cabinets for storage, countertop seating area, large pantry, stainless steel appl. inc. refrig & direct access to the rare 2 car garage. The bedroom has a large walk-in closet with built in organizers & direct access to the balcony. In-unit laundry. Sold for $449,000

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Old Memory Lane

(Encanto)

SOLD

*Represented Buyer

Perfect home for a first-time home buyer. The huge living/family room and open kitchen provide the perfect backdrop for an amazing transformation- just bring your ideas and dreams and go to town! The home is complimented with a huge lot, an attached 2 car garage, newer water heater and clean composition roof- all on a quiet street and just minutes to the freeway- come take a look! Sold for $400,000.

Rancho Bernardo Rd

(Rancho Bernardo)

SOLD

*Represented Seller

A great location within complex! Plus beautiful upgraded countertops, central air and a beautiful, expansive private patio for entertaining friends and family. This prime location is just steps away to covered parking w/ extra storage. The townhome is conveniently located close to shopping, restaurants and easy access to freeways without any noise. An added bonus of feeding into the acclaimed Poway Unified School District. Plus, home owners receive membership to RB Racquet Club w/ Clubhouse, pool & spa!

Sold for $355,000.

Marlin Dr

(Vista)

SOLD

*Represented Buyer & Seller

Stunning end unit townhome situated on a private lot in Marlin Terrace. Sweeping views of trees and great back patio for entertaining w/new deck and shade structure. Newly remodeled w/custom paint, crown molding, new windows and hardwood floors throughout. Gorgeous remodeled kitchen features all new appliances. Vaulted ceilings in both bedrooms and master walk-in closet. Cozy firepit in living room. Complex features pool/spa, and sports court. Close to schools, shopping, HWY 78. Sold for $337,000.

W 8Th

(Escondido)

SOLD

*Represented Buyer

Beautiful Remodeled home. NEW kitchen cabinets with soft closures, NEW quartz counters, NEW stainless steel appliances, GAS STOVE, NEW tile flooring, NEW carpeting in bedrooms, NEW tile flooring, NEWER windows, NEWER bathroom, mirrored wardrobe doors in bedrooms, freshly painted interior and exterior. Attached 1 car garage. Nice backyard. Sold for $335,000.

Sunset Dr

(Escondido)

SOLD

*Represented Buyer

Tastefully updated condo with contemporary finishes has soaring ceilings and a spacious living/dining area. Balcony and gas fireplace in living room. Remodeled kitchen features shaker-style cabinets, solid countertops and a tile backsplash with accent windows for even more natural light. All new hardware, lighting, plumbing fixtures and new blinds on all windows. Refrigerator and stacked washer-dryer stay. The front of the home opens to a lush courtyard. Convenient location for shopping and commute. Sold for $320,000.

Rancho Penasquitos Blvd

(Rancho Penasquitos)

SOLD

*Represented Seller

Conveniently located condo in Rancho Penasquitos. Condo features include upgraded kitchen with granite counters, washer/dryer, new A/C wall unit, fireplace in living room, walk-in closet in master bedroom. This complex features mature landscaping, resort style pool/spa, work out facility, club house, tennis court, beach volleyball and playground. Easy access to 56fwy. Sold for $280,000

December 2017 Real Estate Market in Review

December’s San Diego real estate market in review: As of December 2017, the median detached home in San Diego County sold for $600,000 up 7.2% from the previous year.

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As of  December 2017, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $398,500 up 8% from last year.

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The average detached home in San Diego spent 36 days on the market.

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Condos, twinhomes, and townhomes in San Diego spent an average of 28 days on the market.

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As of December 2017, the average seller of a detached home in San Diego County receives 97.4% of the original list price at the close of the sale.

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As of December 2017, the owners of attached properties (condos, twinhomes, and townhomes) retained 98.5% of the original list price.

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The inventory of homes in San Diego County is still very low.

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The supply of attached properties is also quite low.

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Are you interested in seeing this breakdown for your San Diego community or zipcode? Let us know!

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