Locateda at the intersection of Shasta St. and Roosevelt St., the Pacific Beach Community Garden offers locals the opportunity to raise plants and flowers. The Garden is divded into 52 plots and each plot is rented out for a monthly fee. On a recent trip to the garden, I saw a variety of flowers and crops such as tomatoes, red peppers, bell peppers, egg plant, lettace, cabbage, onions, garlic, beats, carrots, brocolii, strawberry, corn, lemons, limes, etc. There were also herbs such as basil, thyme, rosemary, peppermint, parsley, and solantro

The data below provides a comparison of sold properties between Q1 2010 and Q1 2009 for the community of Pacific Beach, San Diego, California.  Data for this same period is also provided below looking only at detached single-family homes, and then just at condominiums and townhomes.

ALL PROPERTIES SOLD

For all sold properties listed in the San Diego MLS (known as Sandicor, Inc.), there was a 27% increase in the number of properties sold in Q1 2010 compared to Q1 2009.  The average price of sold properties dropped 10.9% in Q1 2010 compared to Q1 2009, and the median price dropped 17.3% in Q1 2010 compared to Q1 2009.  However, the average price per square foot of all sold properties remained relatively the same showing only a .38% gain in Q1 2010 compared to Q1 2009. Additional statistics for all sold properties is provided below.

DETACHED SINGLE-FAMILY HOMES

Looking only at detached single-family homes that sold through the San Diego MLS (known as Sandicor, Inc.), there was a 19% increase in the number of homes sold in Q1 2010 compared to Q1 2009.  The average price of sold homes dropped 15.3% in Q1 2010 compared to Q1 2009, and the median price dropped 5.2% in Q1 2010 compared to Q1 2009.  The average price per square foot of all sold homes dropped 15.9% in Q1 2010 compared to Q1 2009. Additional statistics for all sold homes is provided below.

Looking only at condominiums and townhomes that sold through the San Diego MLS (known as Sandicor, Inc.), there was a 31% increase in the number of condominiums and townhomes sold in Q1 2010 compared to Q1 2009.  The average price of sold condominiums and townhomes dropped 4.2% in Q1 2010 compared to Q1 2009, and the median price dropped 22% in Q1 2010 compared to Q1 2009.  The average price per square foot of all sold condominiums and townhomes increased 9.8% in Q1 2010 compared to Q1 2009. Additional statistics for all sold condominiums and townhomes is provided below. 

TRENDS

Looking specifically at the data for detached single-family homes and the data for condominiums and townhomes, there are two clear trends. More properties sold in Q1 2010 then Q1 2009. Second, prices were down 5% to 15% for single-family homes, and 4% to 22% for condominiums/townhomes.

Please contact me if you have any questions about home pricing trends in Pacific Beach, San Diego.

Total Residential Properties Sold = 25

Detached single-family Homes 

• 8 homes sold
• The highest-priced home sold was $1,435,000
• The lowest-priced home sold was $445,000
• The average price of sold homes was $751,937
• The median price of sold homes was $672,750
• On average, homes took 97 days to sell
• On average, seller’s obtained  92% of their asking price
• The average price per square foot was $520.51

Condominiums and Townhomes

• 17 condos or townhomes sold.
• The highest-priced condo/townhome sold was $1,050,000
• The lowest-priced condo/townhome sold was $225,000
• The average price of sold condos/townhomes was $417,617
• The median price of sold condos/townhomes was $319,500
• On average, condos/townhomes took 128 days to sell
• On average, seller’s obtained 97% of their asking price
• The average price per square foot was $465.18

If you have questions about real estate sales trends in Pacific Beach, then please contact me using the form below. 

Total Residential Properties Sold = 378

Only Detached single-family Homes = 130

• The highest-priced home sold was $3,600,000
• The lowest-priced home sold was $342,000
• The average price of sold homes was $888,702
• The median price of sold homes was $753,000
• On average, homes took 75 days to sell
• On average, seller’s obtained  95% of their asking price
• The average price per square foot was $527.81

Condominiums and Townhomes = 248

• The highest-priced condo/townhome sold was $2,350,000
• The lowest-priced condo/townhome sold was $127,900
• The average price of sold condos/townhomes was $478,253
• The median price of sold condos/townhomes was $434,500
• On average, condos/townhomes took 85 days to sell
• On average, seller’s obtained 97% of their asking price
• The average price per square foot was $432.93

If you have questions about real estate sales trends in Pacific Beach, then please contact me using the form below.