Mission Beach is perfect for families, small groups or couples looking for a place right on the beach in San Diego. There is also an amusement park called Belmont Park nearby and a boardwalk filled with activities year round. Mission Beach is near the man-made islands of Mission Bay and runs along Mission Boulevard. It is one of the best places in San Diego to soak up the city's beach lifestyle. Furthermore, it is an unsurpassed area for people watching or building sandcastles. Finally, there are a ton of volleyball courts where you can spend your days enjoying in the sun with your friends.
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 23 homes that have sold and closed escrow in Mission Beach, CA. These homes range in prices from a low of $390,000 for 2 bedroom 1 bath, and 686 square foot home on Hornblend St. With a high price of $2,696,325 for a 3 bedroom, 3 baths, and 2,396 square foot home on Ocean Front Walk. The average sold price is $864,836 the average price per square foot is $515.01 and the average days on market are 92 days. Sales price compared to list price is 95%.
During this same 90 day period last year, there were 31 homes that sold and closed escrow in Mission Beach, CA. These homes range in price from a low of $585,000 for a 2 bedroom, 0 bath, and 874 square foot home on Thomas Ave. Up to the high price of $1,320,000 for a 3 bedroom, 2 baths, 1,496 square foot home on Loring St. The average price of these sold homes one year ago was $853,501 and the average price per square foot was $570.87. Also, the average days on the market were 38 days. Sales price compared to list price is 93%.
Comparing these figures to the current market are the following; the average price increased by 13% and the average price per square foot decreased by 10%. Comparison on the number of sales decreased by 25%.
The prices have moderately decreased, compared to the rest of the market, high inventory and increase in foreclosures. 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
