Chula Vista Real Estate 2007 Zip Code 91913

Homes for Sale in Chula Vista 91913 Chula Vista Real Estate Market Conditions

September 2007 Chula Vista 91913 Market Report
 
Homes sales in Chula Vista 91913 for the month of September 2007 were very disappointing with only 14 homes selling for the month. The average sales price was $550,064 with the average list price being $567,642. The highest priced home that closed escrow in September 2007 was $800,000 and was 5 bedrooms, 5 baths and 3,744 square feet.
The least expensive sold home was $425,500, marketed at $425,500 and was 3 bedrooms, 3 baths and 1,559 square feet. The average “Days On Market” DOM was 123 days with the longest DOM being 224 days.

There are 340 homes for sale in Chula Vista 91913 right now with 30 homes in escrow. The statistics show that half of these homes will fall out of escrow and go back on the market. The average list price for the homes in escrow is $545,727 with the highest priced home being $718,900 and the lowest priced home being $397,900. The average days on market for homes in escrow are 100 days. Out of the 30 homes in escrow 13 of them are bank owned homes “FORECLOSURES”, 4 are short sales, 3 are brand new homes in the MLS, and 10 are homes owned by homeowners listed by agents that are not short sales or foreclosures. The statistics show that many homes in this area that are for sale are bank owned. The problem with this is that banks will take less money than a homeowner, leaving homeowners with a “No Sale” or a drastically reduced sales price if they accept an offer. The lower priced sold homes are driving down prices and bringing down appraisal values as well. There were 21 expired listings, 28 cancelled listings, and 18 withdrawn listings that were homes in the month of September of 2007 in Chula Vista 91913.

Condos for Sale in Chula Vista 91913 Chula Vista Real Estate Market Conditions

Chula Vista Condos in 91913 has us looking at stats that show that only 3 condos closed escrow in September of 2007.  2 of these Chula Vista condos were bank owned “FORECLOSURES” and 1 was a short sale. The average list price for these close condos were $304,666 with average days on market being 86 days.

There are 183 condos on the market and with only 3 closings last month this is not a good trend for condo owners in Chula Vista looking to sell. This means that 1.6 condos per 100 for sale in Chula Vista 91913 will actually sell per month. There are 14 condos in escrow for zip code 91913 Chula Vista and stats show that the majority of these condos will fall out of escrow and go back on the market for sale. The average list price for these condos is $368,499 with an average market time of 133 days. There were 19 expired listings, 3 cancelled listings, and 10 withdrawn listings that were condos in the month of September in Chula Vista 91913.

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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