2015 Sales Report for Homes in Scripps Ranch, Rancho Bernardo and Mira Mesa

Single family homes sales remained strong in 2015 in our I-15 corridor of San Diego.  From January 1, 2015 to December 31, 2015 home sales for the following communities are as follows:

Mira Mesa Scripps Ranch Rancho Bernardo
609 Single Family homes sold  471 Single Family homes sold  471 Single Family homes sold
(down 10% from 2014)  (down 12% from 2014)  (down 10% from 2014)
 Average Sales price = $433,482   Average Sales price = $686,593   Average Sales price = $674,900
 (Up 8% from 2014)  (down 10% from 2014)  (down 10% from 2014)
 Median Sales price = $464,500  Median Sales price = $464,500  Median Sales price =  $464,500
 (Up 8% from 2014)  (down 10% from 2014)  (down 10% from 2014)

2016 is predicted by most economist to continue to see modest gains in San Diego’s housing community with modest appreciation. Interest rates have slowly begun to rise although they are still at historic lows.  This coupled with rising property values, now is the time to jump into San Diego Home ownership before rates make payments cost prohibited.  Give me a ring today….I can help!

 

 

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