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San Diego Real Estate Spotlight: Market Trends, Pending Sales, and Expert Insights

October 16, 2024

San Diego Real Estate Market Update: Homes Bought, Sold, and Pending

Hello from Market Real Estate! We hope this message finds you and your family well. As always, we’re here to assist with all your real estate needs. Whether you’re buying or selling, we’re ready to lend our expertise and help you make the most informed decisions.

San Carlos Neighborhood Expertise

Recently, we’ve had the pleasure of helping three clients buy or sell homes in the San Carlos neighborhood—each within .2 miles of each other! We know the pulse of the market in San Carlos and are ready to share our knowledge with anyone considering selling their home here. Let’s connect if you’re ready to take the next step!

  • 7497 Melotte Street – Buyer
  • 6947 Monte Verde Drive – Seller
  • 6863 Monte Verde Drive – Buyer

Why Now Is a Great Time to Buy

If you’re in a position to buy, now is an excellent time. With mortgage interest rates dropping to 18-month lows, borrowing money for a home has become more affordable. In addition, as we move into the fall season, competition among buyers tends to decrease as people start shifting their focus to the holidays.

Purchasing a home now also offers financial benefits:

  • Build equity sooner: The sooner you buy, the sooner you begin paying down your mortgage principal, building long-term wealth.
  • Tax deductions: Homeowners can take advantage of mortgage interest tax deductions, which is a benefit renters don’t enjoy.

You could even be settled into your new home before Thanksgiving!

Recent and Upcoming Property Transactions

Here’s a quick look at some of our most recent activity and properties that are currently on the market or pending:

Pending in Del Cerro

  • 6848 Camino Estrellado: Now pending over the asking price of $1,349,000. This stunning 4-bedroom, 2-bath, 1,996 sq. ft. home features solar panels, a gourmet kitchen, a large primary suite, new flooring, and new interior and exterior paint. The covered back patio offers gorgeous westerly views. [Click here for more details.]

For Sale in Mira Mesa

  • 10206 Black Mountain Road #26: This 2-bedroom, 2-bath, 913 sq. ft. condominium overlooks beautiful common areas and the community pool. Quail Creek offers a pool, spa, tennis courts, and picturesque grounds. [Click here for more details or to schedule a private showing.]

Pending in Rancho Penasquitos

  • 15225 Segovia Court: Pending sale for this 4-bedroom, 2-bath, 1,610 sq. ft. home. The property features new flooring, appliances, paint, HVAC system, and more. It’s located just a few blocks from Rolling Hills Elementary School. [Click here for more details.]

Pending in Vista Del Cerro

  • 7770 Forrestal Road: This 3-bedroom, 2.5-bath, 1,996 sq. ft. home is pending. It includes a family room, covered patio, large backyard, and is within walking distance to Dailard Elementary School. [Click here for more details.]

Closing Soon in La Mesa Village

  • 4701 Date Avenue #103: A beautiful 2-bedroom, 2-bath, 1,425 sq. ft. condominium in the heart of La Mesa Village, featuring hardwood floors, a large balcony, and a spacious primary suite. The seller is even offering to pay the first year of HOA dues! [Click here for more details.]

Pending in Lemon Grove

  • 8418 Roy Street: This 3-bedroom, 2-bath, 1,878 sq. ft. home, located on a cul-de-sac, is pending. The property offers a large backyard and family room, presenting a blank canvas for a buyer’s vision. [Click here for more details.]

Client Testimonials

We take pride in providing excellent service to our clients, and we love hearing your feedback! Here’s what one of our clients had to say:

"Jeff and his team did a wonderful job with the sale of my home in San Diego. He made numerous suggestions for improvements, oversaw necessary repairs, and kept me informed throughout the entire process, even while I was overseas. I highly recommend Jeff and his team to anyone in the market to buy or sell a property in San Diego. Thanks, Jeff!"

How We Can Help You

Whether you’re thinking about buying, selling, or just want to know more about the current real estate market, we’re here to help. Reach out to us anytime, and we’ll be happy to assist you in achieving your real estate goals!


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