COMMUNITY INFORMATION
Chula Vista is located in southern San Diego County in California. There are approximately 194,939 residents in this community and 62,394 households. The average age of residents is 32.89 years.
TEMPERATURE
The temperature in Chula Vista is relatively moderate. The warmer weather of the year occurs in August during which temperatures reach an average high of 72 ° F. The coldest time of year occurs in December, with average temperatures drop to 57 ° F.
HOME AND real estate prices
The housing options in Chula Vista include detached houses and properties, condominiums, townhouses and apartments. The price of housing is as follows:
• A bedroom town house / condominium home in the $ 100,000 s.
· Two bedroom townhouse / condominium Start in the high $ 200,000 s.
· Three bedroom Townhouse / condominium home in the $ 300,000 s.
· Two bedrooms single-family homes start in the $ 300,000 s.
• Three bedroom detached houses start at about $ 400,000 s.
Four bedroom detached houses · start in the high $ 400,000 s.
REAL ESTATE MARKET TRENDS
As with most products and services in the United States, changes prices in the real estate industry are subject to the forces of supply and demand. Whether it's a buyer's market or a seller's market, it is useful to evaluating data on home sales in the most recent month available (June 2006) compared against the same period last year (June 2005).
The median price of single-family homes dropped $ 610,000 in June 2005 to $ 595,000 in June 2006, representing a decrease of 2.5%. Less houses sold in June 2006 (127 households) in June 2005 (171 homes). The average time to sell a home more than 47 days in June 2005 to 66 days in June 2006.
The average price of condominiums and townhomes dropped slightly from $ 382,250 in June 2005 to $ 382,000 in June 2006, representing a decrease of 1%. Fewer units sold in June 2006 (46 units) in June 2005 (80 units). The average time to sell one unit greater than 52 days in June 2005 to 85 days in June 2006.
Buyers and sellers should be aware that the above data is only a snapshot in time. Therefore, the data must be evaluated for a longer duration to understand enduring market trends.
Top cities to invest in Florida real estate?
I live in California and want to do business in Florida. I am a real estate agent and would like Flip Houses in Florida, and just what r the popular cities in which people can live happy and glad. I have just started to think about it, lest a lot of knowledge about Florida. Please, help me to identify people Popular cities or areas, which grows in real estate.
blue5349: Flipping Properties in S. Florida is difficult right now. 1) depressed market for all but low-cost water or waterfacing 2) High taxes 3) insurance premiums hign S. Floridians We pray that our state gov't take some tax-break legistlation soon but have so far, objects move very slowly. Some house prices have 15 to 20% went down to sell, while others are not so far declined. Example: 3 bedroom, 2 bath ranch in NC is selling for 180K, $ 1400 tax bill per year. Similar house in FtLaud / Miami is selling for an average of 300K +, with a $ 5600 + tax bill per year (+ 5K and the total insurance business cost.) The bottom line? A house with Piti payment of $ 1200 in NC will cost about $ 3000 in S. FL right now, is so difficult, mirrors for this reason. Prices in N. Florida (Jacksonville, for Example) are a little more reasonable, but all FL cities are dealing with high tax and insurance rates right now. If you are ready to buy depressed real estate / fixer-uppers, Their results could be a little higher, but the volume, still in "iffy" neighborhoods are slow.
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