Leave a comment » Home Sales Keep Increasing for First Half Year 2010 in Mission Valley
In reference to our previous blog Mission Valley Real Estate, Half Year 2010 Sales Report and Home Value sales in this past half year continued to perform at a healthy pace even though the median Mission Valley Condo and Mission Valley Townhome values did not increase significantly. Depending on the Mission Valley location and complex, the average price for a 2 Bedroom varied from $260,000 to $270,000.
Mission Valley real estate Sales jumped by .81% compared to 2009 and according to data obtained from the local Multiple Listing Service (Sandicor). Overall, the Mission Valley real estate home sales have been slightly increasing month to month reflecting caution on part of the buyers.
Another aspect to consider, according to this source, only 19% of the sales were bank owned homes and 22% distressed properties (short sales). Also, 25% of the total sales were cash buyers and 37% conventional loans.
Below there is a chart with the total Mission Valley Real Estate Condo sales reported from January to June 2010 per each development.
We would like to hear your opinion. Leave your comments here or send a letter to the editors. If you need help buying or selling in the Mission Valley or San Diego area make sure you contact us. HomeChain.com offers a free access to Mission Valley Real Estate and all San Diego Homes for Sale. Visit our website HomeChain.com or click on links below. San Diego Foreclosures | San Diego Home Search | San Diego Relocation | San Diego Home Values
George Bandak 619-277-2122 Sussy Brown 619-818-0037 Coldwell Banker
http://www.missionvalleyrealestateandhomesforsale.com/00AD96 
Posted on July 12, 2010 09:58:35 by George Bandak
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