October's First-Time Homebuyer Report for Carmel Mountain

Carmel Mountain is much younger than the rest of San Diego, with a median age of 44. It's affluent as well, with a median income of $71,238 per household. The Carmel Mountain market is primarily made up of detached homes, currently accounting for 71% overall. Heading the list of top schools in the neighborhood is Highland Ranch Elementary School.

Price Range

Home values in Carmel Mountain are generally in line with others in the city with a median home value of $377,983 and an average list price of $582,179. In this week's report, the number of homes sold in the Carmel Mountain market slid to 18 over the past 30 days, a decrease of 10.0% from last week's report, but still above the monthly average.

Make sure you take a look at these eye-catching homes in Carmel Mountain that generated the most views from potential buyers:

$465K   $726K   $625K  

Typical Dwelling

The typical dwelling in Carmel Mountain is a three-bedroom detached home worth about $648,410. To purchase a similar home, a buyer with good credit and a $129,682 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,498 monthly payment. The property tax rate is $7.35 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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San Diego Castles Realty
Lori B. Allen
Snapped 2 homes in this area
Harcourts JADE
Snapped 18 homes in this area

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