Balboa Park Real Estate Market Continues Weakening in Home Prices

The number of home sales in the Balboa Park market climbed 12.5% to nine homes over the last 30 days, exceeding the 8.5 monthly average for the last 12 months. Within the same time frame, the North Hills neighborhood had 47 sales, the most of all neighborhoods in the area. The median sales price of homes sold came in at $380,000, which extended a downward swing in price to eight weeks. With just two months of inventory available and sales going up, Balboa Park is a definite seller's market.

Looking for an affordable home? Check out these inexpensive listings in Balboa Park:

$274K   $289K   $319K  

Get started right now by checking out Balboa Park homes for sale or reviewing Balboa Park real estate trends.

Demographic facts about Balboa Park:

  • This area has an affordability rating of 20. (Scale: 1 = Worst, 100 = Best)
  • The area gets 10.2 inches of rain a year. (U.S. average: 36.5)
  • This area has an income per capita of $35,585.
  • This area has a school rating of 47. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

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Ask a local expert about this area:
San Diego Castles Realty
Pacific Sotheby's International Realty
11 reviews

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