Chula Vista Homes 2007 Zip Code 91915

Homes for Sale in Chula Vista 91915 September of 2007

91915 Chula Vista is an area that includes East Lake Greens, East Lake Trails, East Lake Vistas, The Summit at East Lake and Windingwalk in Otay Ranch had 14 homes close escrow in September of 2007. The average sold price was $662,961 with an average list price of $683,861. The highest priced home sold in 91915 Chula Vista in September was $1,200,000 and was 4 bedrooms, 3.5 baths and 3,517 square feet in EastLake Vistas. The lowest priced home sold was $396,000 and was 3 bedroom, 2.5 bath and 1,341 square feet located in EastLake Greens. The average market time was 60 days with the longest being 153 days on the market.

91915 as well as many other areas of Chula Vista have been hit hard with short sales and bank foreclosures or REO's. Out of the 14 homes selling in 91915 Chula Vista in September 2007:

6 were bank owned foreclosures
1 was a short sale
1 was an auction
3 were new home sales in the MLS
4 were normal “regular” sales.

A time snapshot shows us that in:

September 2007 14 homes sold
September 2006 17 homes sold
September 2005 31 homes sold
September 2004 37 homes sold.

The gradual decline from the 2004 Chula Vista real estate surge is evident in the lower sales numbers. Since most sales are now bank foreclosures and many are short sales, auctions and new home sales in the Chula Vista area, this is really putting sellers in a position to sell for less than they wanted too or keep the property.

There are currently 291 homes for sale in 91915 and 22 homes in escrow. Statistics show that many of these will fall out of escrow and come back on the market for sale. The average list price for homes in escrow is $633,742 with the highest priced home in escrow at $1,085,000 and the lowest at $444,900. The average days on market is 102 days with the longest being 381 days. The breakdown of homes in escrow is:

7 bank owned foreclosures
7 short sales
2 new home construction in the MLS
6 normal “regular” sales – 2 of the 6 are agent owned

There were 26 expired listings, 21 cancelled listings, and 21 withdrawn listings that were homes in the month of September of 2007 in Chula Vista 91915.

When you need help with your Chula Vista Real Estate purchase or sale please contact us.

All information believed to be reliable but not gauranteed.

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