In a unanimous decision, the State Historical Resources Commission approved listing the North Park water tower to the California Register of Historical Resources. For many of us, the large green iconic tower has severed as a landmark for finding our way around north park. 
Friends often say I live just North of the water tower, or south of the tower. The water tower and the surrounding areas are infact officially called the University Heights Water Storage and Pumping Station Historic District. The tower, according to the NPCA is the “only known example of a 12-legged, full hemispherical bottom, elevated metal water storage tank in Southern California. From 1898 to 1967, the Pumping Station evolved from a privately owned water storage reservoir into one of several of the City of San Diego’s major water storage, filtration and distribution facilities.
North Park Historic News
Median Sales Price of Homes in San Diego Continues to Rise
The median sales price for homes in San Diego continues to rise. Both town homes as well as single family homes are up significantly from year ago.
The median sales price for condos and townhomes, for April, was $288,500. This is up 37.380% from last year.
The median sales price for single family homes in San Diego for April was $450,000. This is also an increase compared to April 2012: up 23.280%.
The chart below, provided by the San Diego Association of Realtors, extrapolates real raw data from the MLS and illustrates that prices are definitely on the rise. 
This is great news for San Diego Homeowners, not so great news for buyers. Competition remains fierce and multiple offers continue to be the norm. The good news for buyers is interest rate continue to remain at all time lows so despite the increase in pricing, homes remain very affordable.
The San Diego Real Estate Market is not for the faint at heart or for casual part time shopper. If you don’t have all your ducks in order, or if you don’t have an aggressive agent on your side, you will surely experience frustration and rejection. To decide if now is the right time for you to invest, give me a ring. I’m happy to meet with you over coffee to discuss your goals and give you a realistic expectation if today’s San Diego Real Estate market will match such goals, or not. Don’t wait for the next downturn in the market to decide if you should buy. Now is an excellent time and I encourage you to give me a call today!
New Mira Mesa Listing HOT HOT HOT
Homes like this one don’t come around often. Loved and cared for by the same family for over 11 years, this 3 bedroom 2 bath home is perfect for a starter home or those looking to downsize.
Peaceful and spacious backyard, completely remodeled interior, open floor plan…..what more could you ask for?
Seller will entertain all offers between $429,000 and $449,000. Don’t delay, this one won’t be around for long!
San Diego Real Estate Economic Recovery
If you think that the status of the San Diego’s housing market is not directly linked to city-wide economic recovery, then think again. I’m on the inside and see day in and day out the tremendous amount of revenue that goes into each “flip”, each escrow” each closing, each remodel, each long term home ownership and yes, each eventual sale. But don’t take my word for it. Look at California’s Association of Realtors chart to help illustrate just house housing dollars are improving the local and state economy.
The San Diego real estate market is a key player in local economic recovery. And just in case the UT isn’t crystal clear yet, the housing market has been recovering for well over a year now. The bottom was years ago in San Diego. How do I know? Well, I only do this for a living. I’m in the trenchs every day. I watch the MLS around the clock. I not only see, but eat and breathe the subtle changes the newspaper and media don’t report to you. I am a professional, full time San Diego real estate agent. And I am here to say, don’t wait to jump into what could be one of the best investments of your lifetime. I give the same advice to my mother. It’s that solid. But I’d also tell her, don’t let another month pass you by or maybe it might not be such a good deal in San Diego’s Housing Market.
Go Mom!!
El Cerrito Community Cleanup & Recycling Event
Get Ready. Get Set…Go….Get a jump on that yard work you’ve been putting off, the garage you’ve been meaning to clean, that ol’ appliance you’ve been wanting to get rid of.
When: May 18th, 2013
Where: Your El Cerrito House
What: Community Cleanup Day
Environmental services, on May 18th, will pick up the following items from your house!
- Appliances
- Electronics
- Lawnmowers (free of oil and gasoline)
- Wood and yard cuttings (bundled & tied, do not exceed 50 lbs or 6” long)
If you still have questions about what to put out on your spring cleaning day, give ESD a call at 858-694-7000.
Just SOLD- New Listing in Scripps Ranch with HUGE Value
This incredible home just closed escrow today for $333,000.00. What a great find!!
Incredible value awaits you in this wonderful 4 bedroom 2.5 bath “old” Scripps home. Where else in Scripps can you find a home with this much space priced this low? Approximate square footage is 1696 sq.ft.!!! Homeowner has installed new furnace & central A/C ~8 years ago. Newer hot water heater. New angle stops throughout home. Closet organizers have been installed for extra convenience. Newer garage door & opener. Private balcony & patio area are perfect for upcoming summertime BBQ’s. Walk to Starbucks, Hendrix Pond, shopping, schools and so much more! Excellent Scripps Ranch location in desirable “old” Scripps Ranch.
Seller wants this sold fast and has priced it aggressively; will entertain all offers between $325,000 and $355,000
Rolando Street Fair is Coming
16th Annual Rolando Street Fair
Mark your calendars for March 25th 10 am to 6 pm for a sure to good time!
The Roland Street Fair
Homes for Sale in the Metro Area of San Diego
The median price for single family homes for sale in the metro areas of San Diego rose this January compared to the median price last year at this time.
The breakdown is as follows:
North Park Homes (92104)
January 2013 $562K verses January 2012 $425K
Mission Hills and Hillcrest (92103)
January 2013 $595K verses January 2012 $480kK
University Heights & Normal Heights (92116)
January 2013 $508,750K verse January 2012 $342k
The median price is the price where half of all home sold for more and half of all homes sold for less. It’s a good statistic to look at as it can often be a more realistic way of measuring price trends. “Average sales price” can often be skewed by a relatively high or low sales price of just a few homes. Statistics in general are meant to be used as a tool and of course the value of a home comes down to its individual traits, upgrades, location, etc. However this month over year comparison does help us see and understand the upward trend in prices in San Diego’s Metro communities. (All information was provided by the San Diego Association of Realtors using data extracted from the multiple listing service.) If you are thinking of buying or selling a home, give me a ring. I can help!
Upward Trend in Pricing and Sales Continues in San Diego’s Real Estate Market
Comparing pricing from January 2012 to January 2013 single family homes were up 11.7% and condo’s rose dramatically to 16.7%. Condos represent the most affording housing here in San Diego and this is one reason for the dramatic price increases we see here.
The total number of single family homes sold in January 2013, compared to last January, also saw a rise: 14.8%. Similarly, condo’s rose 7.5% in January 2013. 
Median Sales Price of Homes in San Diego Continues to Rise
The median sales price for homes in San Diego continues to rise. Both town homes as well as single family homes are up significantly from year ago. The chart below, provided by the San Diego Association of Realtors, extrapolates real raw data from the MLS and illustrates that prices are definitely on the rise. 
This is great news for San Diego Homeowners, not so great news for buyers. Competition remains fierce and multiple offers continue to be the norm. The good news for buyers is interest rate continue to remain at all time lows so despite the increase in pricing, homes remain very affordable.
The San Diego Real Estate Market is not for the faint at heart or for casual part time shopper. If you don’t have all your ducks in order, or if you don’t have an aggressive agent on your side, you will surely experience frustration and rejection. To decide if now is the right time for you to invest, give me a ring. I’m happy to meet with you over coffee to discuss your goals and give you a realistic expectation if today’s market will match such goals, or not. Don’t wait for the next downturn in the market to decide if you should buy. Now is an excellent time and I encourage you to give me a call today!
Tami McCraw
