College Grove, San Diego, Real Estate Market Trends, Single-family Homes, Mid Year Analysis, 2006

The College Grove region (also know as the College Area) is located in the center of San Diego County, California. The community is located off Interstate 8 just east of Interstate 15th San Diego State University is located within the boundaries of College Grove. The real estate and homes for sale in College Grove fall in the lower and middle income groups. The number of homes sold in a given year is relatively high. For example, during the period sold from January to July 2006 some 211 houses. Ca. 268 apartments for the same period in 2005 sold. One way to analyze price trends for a particular community is to assess the median and average price of property for a given month and compare that data over the same period last year. What follows is a comparison of the median-price and average price of homes in the past seven months (January-July 2006) compared the data for the corresponding period in 2005. The median price of homes represents the point at which half the homes are over a certain price point, and half of the homes are below a certain price. The average price of homes sold by the addition of the selling price of all households in a given month, and divides this value by the number of homes sold were. The median price of homes in July 2006 was $ 545,000, compared with $ 497,000 in July 2005, which represents a ninth to increase 2%. The average price of homes in July 2006 was $ 583,476, compared with $ 528,602 in July 2005, which represents an increase of 10%. About 25 homes sold in July 2006 and 38 in July 2005. The evidence was a price increase in July 2006 over the same period last year. The median price of homes in June 2006 was $ 475,000, compared with $ 506,500 in June 2005, which is one fifth 9% decrease. The average price of homes in June 2006 was $ 492,427, compared with $ 516,078 in June 2005, which represents a fourth 1% decrease. About 38 houses sold in June 2006 and 40 in June 2005. The data demonstrates that there is a downward price trend in June 2006 over the same period last year. The median price of homes May 2006 was $ 522,000 compared to $ 518,500 May 2005, which is a 0th 7% increase. The average price of homes May 2006 was $ 544,812 compared to $ 537,085 May 2005, which represents a first 4% increase. About 30 houses may sell in 2006 and 46 May 2005. The data show a slight price increase was May 2006 compared to the same period last year. The median price of homes in April 2006 was $ 520,000, compared with $ 495,000 in April 2005, which is one fifth to increase 1%. The average price of homes in April 2006 was $ 523,421, compared with $ 524,306 in April 2005, which is a 0th 2% decrease. About 41 houses sold in April 2006 and 47 in April 2005. The data for April 2006 was mixed, as the median showed a moderate increase over the previous year, while the average price was a slight decline. The median price of homes in March 2006 was $ 515,000, compared with $ 489,000 in March 2005, which is one fifth to increase 3%. The average price of homes in March 2006 was $ 564,690, compared with $ 499,856 in March 2005, which represents a 13th 4% increase. About 41 homes sold in March 2006 and 44 March 2005. The data support a price increase was in March 2006 over the same period last year. The median price of homes in February 2006 was $ 472,500, compared with $ 465,000 in February 2005, which is a 0th to increase 50%. The average price of homes in February 2006 was $ 502,600, compared with $ 476,932 in February 2005, which represents a fourth to increase 6%. About 20 homes sold in February 2006 and 25 in February 2005. The evidence was a price increase in February 2006 over the same period last year. The median price of homes was $ 530,950 in January 2006 compared to $ 483,000 in January 2005, which represents a ninth to increase 9%. The average price of homes in January 2006 was $ 528,416, compared with $ 551,904 in January 2005, which represents a third 20% decrease. About 16 houses sold in January 2006 and 28 in January 2005. The data for January 2006 was mixed, as the median showed a moderate increase over the previous year, while average prices fell. So what has the above data tell us? Overall, an 21st 3% decline in the number of households in the period 2006 to 2005 sold. Four of seven months (February, March, May and July shown) increases in both median and average prices for the same period last year. The extent of the increase ranged from a half-percent to 10%. The months of April and January had mixed results, with average prices declined slightly (less than 3 increased 2%) and average prices by 5% to 10%. In contrast, the June data, a downward trend in both median and average prices of a range of 4% to 6%. The above data suggests that although there are monthly fluctuations, continue to demonstrate on a balance, property in the College Grove area gains. Continued monitoring of sales data in the following months will be needed to identify long-term market trends. Make sure your broker to other factors, consult the influence of home pricing principle before buying or selling real estate in College Grove.

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