Old Town Real Estate Market Finds Contracts Low Point

The Old Town market seems to be approaching a bottom, as the number of contracts executed fell to six, the lowest levels since last January. Meanwhile, sales came in at nine homes sold over the last 30 days. In comparison, the North Hills neighborhood had 32 contracts executed in the same time frame, the most of all close-by neighborhoods. There are four months of inventory remaining in Old Town, and the market is swinging toward the buyer, especially since the median sales price dropped to $495,000 this week.

Early bird gets the worm, so be sure to take a look at these new listings in Old Town:

$3.5M   $489K   $1.8M  

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

Demographic facts about Old Town:

  • The average elevation in this area is 96 feet.
  • The area's median income per household is $27,585.
  • The student per counselor ratio in this area is 732:1. (513:1 = national average)

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
San Diego Castles Realty
Coldwell Banker Town & Country
Snapped 1 home in this area
Pacific Sotheby's Int'l Realty
Snapped 6 homes in this area

Agents that specialize in this area
2 snaps in this area
1 snap in this area
1 snap in this area
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