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Valley Center 92082 Homes Sold November 2009

Valley Center Market Trends November 2009

The last time we looked at market activity in Valley Center was in our report Valley Center, CA Homes Sold August 2009. 

At that time we were seeing significant increases in the average sold price from the prior report in July. 

For the month of August there was a total of 17 closed sales.  Now this is an area of significant difference for the month of November in which we see that only 6 properties have closed escrow. 

It is typical to see this slow down of activity for this time of year. 

More people are focused on family and holidays at this time of year and home buying is not as much a priority. 

This is good news for the home buyers  that are still actively looking because now they have less competition and the sellers are more likely to look at their offers and agree to more favorable terms.

Some other differences we see are the average days on market for the sold row.  In August the average was 101 days.  This is very likely due to the time it takes to get through a short sale, not for lack of interested buyers.  In November that figure was cut in half to just 50 days average market time.

The price per sq. foot has come down from $173.56 to $143.56.  This is only due to the fact that more people bought toward the lower end of the spectrum than the higher end homes in the month of November.

Values in Valley Center are some of the best you can find in all of San Diego County.  As you can see in our chart, most of the homes are around 2800 to 3000 sq. feet.  Where else in San Diego County or in SoCal for that matter, can you get that level of home for that price?  As well as lot size.  The one thing Valley Center has that other areas do not, is elbow room.  Most of the lot sizes are at least a couple of acres.  Even the homes in the gated community developments in Valley Center are of substantial size, at least a half acre or so.

The bottom line is, if you want a great place to live at a  great price, check out Valley Center and see all that it has to offer.

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