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Daily Transcript Reviews Santee and East County Real Estate Markets

Santee is labeled the most stable real estate market in East County.

Read more Santee House and Home articles

In July the median price for single-family detached homes in Santee was the highest in East County, at $339,000, according to the San Diego Association of Realtors (SDAR) and a recent San Diego Daily Transcript (SDDT) article that analyzed the state of the East County real estate market.

It increased from 4.3 percent since last year and 5.9 percent since June. The average number of days on the market was stable compared to last year, but homes are selling more quickly by about 26 percent compared to June 2012. Less homes are being sold than last year, a decrease of 16.3 percent, according to SDAR.

The SDDT quoted Alan Nevin, principal at The London Group, throughout the article. He said East County is commonly the slowest area of San Diego to recover in the real estate market, and singled out Santee:

"Santee is a 'solid, middle-class community,' and 'sales have been fairly constant,' Nevin said."

Lakeside homes are staying on the market longer and longer, with average days on the market up 72 percent year over year, and a whopping 109 percent from June to July.

Read more and see diagrams at the Daily Transcript

Santee Homeowner August 28, 2012 at 05:41 PM
People in Santee need to wake up and sell their homes now! The power plant will dump 204 tons of *additional* pollution and low frequency vibration and noise pollution on West Santee, there are two new drive through restaurants near a pollution hot spot, 1000 new condos just over the hill in SD, a doubling of the dump and its toxins operating 24/7 and possibly the Castle Rock Development. West Santee will become a blighted rental district sell now!

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