Calling All Timberlane Homeowners

Timberlane homeowners if you are considering selling your town home, there has never been a better time!  Currently in both Timberlane I and Timberlane II, there is only one town home for sale and nothing in escrow.   However, the demand for Timberlane has never been greater.  Timberlane is known for its tranquil setting, spacious floor plans, proximity to Hendrix pond and walking distance to Starbucks, Vons and great dining!  It’s well know by locals to be one of the BEST complex to invest in “old” Scripps Ranch.  

Hendrix Pond a Peaceful Place to call Home

Hendrix Pond a Peaceful Place to call Home

 

Historically low inventory means you will have a tremendous demand for your town home if it is for sale on the open market.  There truly has not been a better time to considering sprucing up your home for sale.  If you are contemplating selling your home, feel free to give me a ring.  I have sold numerous town homes in Timberlane and am very familiar with the neighborhood.  More importantly, I can help connect you with buyers who are literally waiting for a great town home, like yours, to hit the market in Timberlane!  

Scripps Ranch Inventory Remains Low While Prices Rise

Inventory in Scripps Ranch for both single family homes as well as condos remains extremely low yet demand has never been healthier.  In January 19 homes closed with a median sales price of $810,000.  The average days on market was a mer 36 despite the holiday season.   Last January, 14 homes sold but the median sales price was $685,900 and the days on the market were just shy of double at 68 days.  

Currently there are only 32 homes on the market in Scripps Ranch and 35 homes are in escrow.  Condo inventory reflects a similar story:  22 active condos for sale and 19 are in escrow. 

Scripps Ranch remains a gem and the high demand for the area reflects that.

 Sellers, if you are contemplating selling your home or condo, please give me a call today for a free market analysis.  There literally has never been a better time since the downturn in the market to sell your home.  You can expect to net top dollar, have multiple offers and a fast market time allowing you to select the best buyer for your property and plan your next move.

Growth in Scripps Ranch

Scripps Ranch November Sales Price is Up

Scripps Ranch median sales price for a single family home, increased to $750,000 during the month of November.  This is according to the San Diego Association of Realtors.  This is up $122,000 from last year at this time which saw an median sales price of $628K.   The average days on the market are down, 34 days for the month of November is year compared to 43 days last year.   All in all, Scripps Ranch homes will finish strong for the 2013 year with sales up, median sale prices increasing and time it takes to sell a home, decreasing.

Scripps Ranch remains a wonderful place to call home and Scripps Ranch real estate remains a wonderful investment.

Miramar lake

New Scripps Ranch Listing on Hendrix Pond

Amazing once in a lifetime opportunity to own a well loved condo on Hendrix Pond.  Wake up to the sounds of birds and ducks everyday.  Peaceful setting is an understatement!

This is an extremely well cared for 4 bedroom home (currently being used as a 3 bedroom home), ~ 1763 square feet, remodeled bathrooms and kitchen, surround sound and flat screen ready in living room, dual pane windows throughout, central heat and air conditioning, private patio overlooking pond and so much more!  Hurry….won’t be around for long!

Virtual tour link:  http://www.previewfirst.com/vt/47254

 Pond ViewDining roomLiving Room IIKitchen IIPatio IIIPond accessPond walkwayFront viewMaster BedroomMaster Bathroom

Scripps Ranch Single Level Home Just Listed

Homes like this one rarely come onto the market and when they do there is typically work that still needs to be done.  This is not the case for this special single level home in “old” Scripps Ranch.  Long term homeowners have remodeled this home making it a modern masterpiece.  The heart of the home features a sophisticated, spacious kitchen which opens to the family room and looks over the backyard.   Sit and talk with the chief or watch the game- everyone is part of the fun with this functional open floor plan.  Vaulted ceilings, added skylight, custom lighting, french doors and beautiful wood framed dual pane windows make this home open and bright.  Huge dining room for entertaining features modern architectural details.  Rich bamboo and travertine flooring throughout.  Each bathroom has been extensively remodeled.  All this and so much more as this special homes sits on a huge lot:  over 9,000 square feet!  There is potential RV or boat parking and an added office in addition to the 4 bedrooms.  Preview this beautiful home during our open house this Saturday (14th) from 12:00- 3:00 PM or this Sunday (15th) from 1-4 pm or call for a private tour.  But hurry, this single level home in Scripps Ranch is a super desirable floor plan and location so it will not be around for long!

7_6083908_46761_107 11_6083924_46761_111 24_6083976_46761_124 17_6083948_46761_117 19_6083956_46761_119 27_6083988_46761_127 31_6084004_46761_131 33_6084012_46761_133 32_6084008_46761_132 43_6084052_46761_143 44_6084056_46761_144

Inventory Rises Slightly in San Diego’s Real Estate Market

The following data is taken directly from San Diego’s Multiple Listing Service. It is a snapshot of San Diego’s housing market for the 1-15 corridor as well as the Metro areas of San Diego. Going back 30 days for the month of August, the data illustrates a general trend of building inventory, decreasing short sales and solid pending sales as well as closed sales.  In both single family homes, as well as condos, throughout San Diego we see a slight slow down in San Diego’s housing market. More importantly, we also see a dwelling number of distressed sales; a steady trend since the first of the year.

Feel free to look back over last months snapshot, found in my blog here, for a quick comparison of numbers. One of the largest areas of inventory increase was seen in Rancho Bernardo. Conversely, the area with the shortest increase of available homes for sale is the popular Hillcrest and Mission Hills area.

Scripps Ranch, Rancho Penasquitos and Mira Mesa saw a steady increase in available homes for sale during the month of August. Condo listings in these same areas also increased. As the summertime comes to an end it is normal to see a gradual easing off of home sales.

One important note, homes in desirable areas which are well priced and well taken care of , sell fast and with multiple offers.  So just because we are entering the “slow” season for real estate don’t delay when you find a home you love!  It’s worth it!

    

Condo Icon 2 - Copy

 

 

 

Active

 

 

 

Contingent

 

 

 

Pending

 

 

 

Closed

Scripps Ranch

42

4

25

82

Rancho Penasquitos

23

7

18

17

Mira Mesa

31

14

36

23

Rancho Bernardo

106

20

76

82

Hillcrest/Mission Hills

73

8

28

24

University Heights/Kensington

20

13

15

13

North Park

40

8

30

22

Talmadge/El Cerrito

20

6

20

13

        

Homes Icon

 

 

 

Active

 

 

 

Contingent

 

 

 

Pending

 

 

 

Closed

Scripps Ranch

64

7

46

41

Rancho Penasquitos

42

9

59

38

Mira Mesa

39

24

60

32

Rancho Bernardo

195

21

138

90

Hillcrest/Mission Hills

55

1

18

13

University Heights/Kensington

33

3

33

22

North Park

46

0

27

24

Talmadge/El Cerrito

71

24

62

33

 

Active Listings:            Homes currently on the market without an accepted offer.
 
Contingent Listings:   Homes with an accepted offer contingent on seller’s approval.  Often these homes are short sales           contingent on lien holder approval.
 
Pending Listings:       Homes currently in escrow.
 
Closed:                          Homes which have closed escrow.

 

 

 

 

 

 

          

       

Inventory Rises in San Diego’s Real Estate Market

The following data is taken directly from San Diego’s Multiple Listing Service.  It is a snapshot of San Diego’s housing market for the 1-15 corridor as well as the Metro areas of San Diego.  It looks back over the last 30 days (month of July).  As you can see San Diego’s real estate market is changing:  available inventory is building, short sales continue to dwindle and pending sales continue to remain high.        

Condo Icon 2 - Copy

 

 

 

Active

 

 

 

Contingent

 

 

 

Pending

 

 

 

Closed

Scripps Ranch

40

5

28

20

Rancho Penasquitos

20

4

31

14

Mira Mesa

18

22

41

14

Rancho Bernardo

74

26

108

75

Hillcrest/Mission Hills

69

8

36

24

University Heights/Kensington

20

12

17

14

North Park

42

8

32

18

Talmadge/El Cerrito

15

10

17

23

        

Homes Icon

 

 

 

Active

 

 

 

Contingent

 

 

 

Pending

 

 

 

Closed

Scripps Ranch

40

5

28

20

Rancho Penasquitos

20

4

31

14

Mira Mesa

18

22

41

14

Rancho Bernardo

74

26

108

75

Hillcrest/Mission Hills

69

8

36

24

University Heights/Kensington

20

12

17

14

North Park

42

8

32

18

Talmadge/El Cerrito

15

10

17

23

 

Active Listings:            Homes currently on the market without an accepted offer.
 
Contingent Listings:   Homes with an accepted offer contingent on seller’s approval.  Often these homes are short sales           contingent on lien holder approval.
 
Pending Listings:       Homes currently in escrow.
 
Closed:                          Homes which have closed escrow.

 

 

 

 

 

 

          

       

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

All rights reserved. All information deemed reliable but not guaranteed.