October Review: Bay Park, 92110
Homes for sale: 158 listings
The Best Value:
2686 ILLION ST, SAN DIEGO, CA
Living Area: 1702 Sq Ft, 3BR, 3BA
Listing price : $569,000 (2178 sq ft lot)
Sale History:
09/04/2001: $353,000
04/08/1996: $189,500
Recent Comparables:
The Worst Value:
5053 SAVANNAH ST, SAN DIEGO, CA
Living Area: 150 Sq Ft, 3BR, 1BA (12500 sq ft lot)
Listing price : $925,000-$975,000
Sale History:
Not Available
Recent Comparables:
Flipo’meter:
This area is really not known as a prime flip area. It has many older homes and very few homes built after 2000. This is a great location that is close to the beach and downtown. However, many homes in this area are old and in bad shape so in general I would tend to pay between $200-250 sq ft for an average home.
Historical Median Price:
Median price 2000: $325K
Median price 2001: $379K
Median price 2002: $435K
Median price 2003: $522K
Median price 2004: $650K
Median price 2005: $650K
Median price 2006: $660K
I can't tell you what to do with your hard earned money, but I sure would think twice about buying anything in this area until the median price gets back to $350K-400K.
2 comments:
I don't think that I would touch anything in San Diego until prices are at least half off.
agree, we still have a ways to go, but its down hill from here.
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