Tag Archives: single family home

California Real Estate Market Update

Last year in Q3, there were slightly lower home prices. That and the steady mortgage rates helped a few more Californians to purchase a home.

  • The median price of a Californian home in Q3 2017 was $550,990.
  • The median price for a condo or townhome in California was $449,720.
  • The minimum annual income needed to qualify for the purchase of a median-priced single-family home was $111,260.
  • The minimum annual income needed to afford the monthly mortgage payments on a median-priced condo or townhome was $90,810.

This infographic is from CAR.org.

For Sale: 334 Springtree Pl, Escondido, CA & November Real Estate Stats

SUPER price, SUPER location!

334 Springtree Place, Escondido, CA 92026
exterior front | 334 Springtree Pl, Escondido, CA 92026 - listed by John A Silva, Realtor

Offered at $519,900 | View virtual tour

Cul de sac, Great schools nearby, single story gem with refreshing pool & hot tub! Light and bright inside with extra living space, elegant style kitchen: black granite counter tops and white cabinets. Remodeled master bedroom bath with new flooring, vanity & mirrors plus double sinks and walk in closet. Newer beautiful laminate flooring in family room with cozy fireplace, all house fan, energy efficient pool pump & heater for hot tub, plus solar in past year. NO MELLO ROOS/HOA! More details here.

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Contact me today for more information or to view this home!

John A Silva | (619) 890-3648 | Email


Current stats for past month of November

These are for $500K-$599K price range (HOT price range right now) single family homes only in the zip code 92026:

Average sales price: $544,000
Average Days on the Market: 49
Total solds: 14
Average Percentage of Sold Price to list price: 94%
Total current active listings: 23

Click Here to View Listings

Just Listed: 11244 Constellation Drive, El Cajon, CA

Just Listed

11244 Constellation Drive, El Cajon

Offered at $569,000 – $615,876

11244 Constellation Drive, El Cajon, CA

Fabulous Custom Style Split Level home with attached casita has separate entrance and view deck.

Custom style split-level home features: Efficient kitchen with beautiful built in stainless steel refrigerator and gorgeous granite counter tops. Baths also have new granite counters. Washing machine water is plumbed to water yard plants. Studio or Casita can be used as a family room or play room-pool or ping pong tables.

Lot is virtually flat and useable. Room for RV; expansive back yard has pomegranate, 4 mandarin Orange, 1 magnolia, peach, regular and Mexican lemon, lime, 3 avocado trees then raspberries, and 2 red/purple grapevines trees with much room for more!

Park-like views from most rooms. View deck from master bedroom with mountain views. New Solar System gives huge energy savings!! Extra room at this property gives many, many possibilities, options for use.

Seller will entertain offers between $569,000 & $615,876. Outstanding buy!!

More information online here.

Please contact me for more information!John A Silva

(619) 890-3648 | Email

 

 

Investing in Real Estate

 

Real estate investment has it own risks and the decision to invest should be carefully considered.

real estate investingAs a landlord there are certain costs that you will need to cover, potential vacancy problems that may strain your ability to pay your mortgages, and liability issues. It is important that you speak with an expert before putting yourself in a situation where you can potential over-extend yourself.

With that in mind, I have included some of the basic property types and benefits associated with real estate investment.

Continue reading

New listing in La Mesa!

Outstanding price–making for a fantastic buy! Situated high on a hill, this ranch-style home has panoramic views of the valley below. With 4 bedroom and 2.5 baths, this home has plenty of room. Warm wood flooring, dark wood cabinetry, and granite counters make this an inviting home. Seller will entertain offers between $365,000 and $409,876.¬†

Please give me a call at (619) 890-3648 or email me at JohnASilva@sbcglobal.net for more information or to view the home.  You can also go to postlets.com for more details.