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Valley Center Homes Sold July 2009

Current Market Trends for Valley Center, CA  July 2009

Valley Center Market Trends July 2009

The buzz around town is that we have passed the bottom of the market. 

Current reports are definately showing a positve upward trend, and confirming that rumor.

Lets take a look at Valley Center for instance.  The last time we looked in this  area, was in our article Valley Center Homes Sold May 2009 . 

In that report we saw the average SOLD price was $388,278.00 and the average PRICE PER SQUARE FOOT was $155.42.

In todays report, we see a notable increase in the average SOLD price for July to $416,813.00, and the average PRICE PER SQUARE FOOT  increased to $166.81.

The inventory remained fairly close, currently there are 115 active and contigent listings, and in May there were 102.

We are also noticing a decrease in overall market time.  In May, the average days on market for Sold properties was 113. Today it is just 69.

These are all positive indicators that we are inching out of the recession, and headed for a smooth recovery.

As the market evolves, we are still finding great values for fantastic homes in this area.  If you are thinking about buying a home,  call  Pam and Joanna to give you a tour of the Valley Center area, still one of San Diego Countys best kept secrets.

If you have been thinking of selling your Valley Center home, but wanted to wait till the market recovered, give us a call for your free, no obligation personalized Current Market Analysis.

Pam and Joanna
760-580-1615 or 760-580-1630