I Want To Buy A Mission Valley Condo. What Is Going On?

 Have you said to yourself..."Self I want to buy a Mission Valley condo and how much do they cost?"  I guess if you actually said that people might think you were a little odd.  

That being said, you may have wondered about Mission Valley inventory and pricing.  Mission Valley is an awesome place to live if you love condos and don't want the hemmed in feeling you sometimes have if you live in a Downtown San Diego condo.

Mission Valley has an interesting history and transformation from a farmland to a central location for hotels, shopping malls and condominium complexes.

Like all other areas, Mission Valley was impacted by a falling real estate market. However, we are starting to see a resurgence of buying. In fact, yesterday's inventory only contained 46 condos for sale. That does not include the new Civita development, but such a small number is  amazing.  

The Mission Valley zip code is 92108 and when you search for Mission Valley listings, it is good to search by zip code. Mission Valley runs from Interstate 5 to Mission Gorge Road.  The 92110 zip code weaves in and out with the westerly Mission Valley zip code of 92108.

For those who want to search Mission Valley condos, just click our Mission Valley search link, and for those who are number crunchers, the Mission Valley Sales Data link is very informative.  If you have any questions or would like to view any of the available Mission Valley condos, contact us at 619-977-3175 and we will be glad to set up a viewing opportunity.

This is a series of articles by Sharyn and Victoria Crown, Mission Valley real estate agents.

San Diego Condos: Mission Valley Sales Statistics 92108

Watching San Diego condo sales trends is something we do and it helps us monitor the market.  When you pick up a newspaper or click on a news website, there is always something about how bad the housing market is and how much worse it is going to be.  Be careful in believing what you read.  Check out statistics.  

Check out this graph that compares Mission Valley condos that are listed versus Mission Valley condos that have sold.  The graph almost looks backwards from what you expect.  Sold prices exceeded the listed prices for several months.  Sold and listed prices have intersected twice since last August.

So what?  How does that affect you if you are thinking about purchasing a Mission Valley condo?  The data indicates the Mission Valley condo market is not as bad as the news would have you believe.  Real estate is always local and Mission Valley condo sales are even more local.

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Downtown San Diego Condos: USD Parent Alert!

Are you looking to live close to the University of San Diego (USD)?  This is the perfect property for you or your college-bound child.  This has the quadruple 3's

• 3 bedrooms
• 3 baths 
• 3 car garage
• 3 unit complex. 

Built new in 2006, this is the perfect investment property or home residence.  As you can see from the photo, there are only 3 units in the complex.  Perfect for your student and two roomates, or an owner occupant who wants plenty of room.  Unique use of solar panels dramatically cuts utility costs.  Granite counters, stainless steel appliances, a fireplace, loads of storage, privacy, yet close to both USD, Fashion Valley, Mission Valley and just minutes from downtown San Diego.  This type unit is not even available in downtown San Diego, so if you want a condo with lots of room, this may be for you or yours.  Downtown San Diego condos tend to be smaller square footage for more money.  This townhome is more than expected.

This is also an opportunity to take advantage of a short sale.  The opportunity is second to none and the builder of this property wanted elegance.

If you aspire to a great neighborhood with easy access to the beach and downtown plus USD, give Victoria a call at 619-977-3174 for further details. 

This is a series of articles by Sharyn and Victoria Crown, Downtown San Diego real estate agents.