Sorry to use profanity in the title. However with the news that the median home price in San Diego county has gone over $600,000 for the first time ever, it might make sense to just put that damn place on the market and roll the dice. What we have here is what’s known as an extreme sellers market. Of course the flipside is, “What will you buy”. For the right price maybe it doesn’t make any difference!
In all seriousness, if you have been thinking about maybe downsizing or moving to a different area in San Diego, you should take a serious look at what homes are selling for in your neighborhood. If you can maximize your net income at close of escrow, downsize, and buy something smaller that suits your current lifestyle, that could be a really good decision. Heck who wouldn’t want to live in a nice little condo in Little Italy?
There are also several areas in San Diego where listings are more abundant. Maybe considering a small coastal community, someplace like Imperial Beach, where values are still good relative to their location to the water. The other option might be looking toward East County, where the day begins and the sun rises. Often you can find postwar, suburban homes in neighborhoods that are easily walkable, kid and pet friendly, and close to all the amenities you need. You might want to check out neighborhoods like North La Mesa, San Carlos, the College Area, or even Del Cerro and Allied Gardens.
If you’d like more information on any of these neighborhoods or others, or if you’re looking to get the value of your home in today’s market, please contact me today and I’d be happy to send you a free and detailed analysis so you know exactly what is going on in your neighborhood.