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ON MARKET:
This is the first week that I have not been able to find even a "Fixer" home added to the market under $200 per square foot. Like I told you last week, the Santee real estate market is getting hot!
With that being said, my "Hot Pick" of the week is 10695 Susie Pl., I know the investors on this home and they do a great job rehabbing a home before they put it back on the market. Even though it is not the cheapest home listed this week per square foot, it is the one with the most bang for your buck. Go check it out for yourself and let me know what you thought.
Asking Price Bed/Bath Adddress Sq Ft$/Sq Ft
$1,099,000 5/5 7243 Ocotillo St. 4,908 $223.92 $369,900-389,900 3/2 8027 Rancho Fanita Dr. 1,583 $246.30 $559,000-589,000 4/3 10695 Susie Pl. 2,332 $252.57 $379,900 4/2 10143 Lafe Dr. 1,444 $263.09Recently SOLD:
Here are the top four of the eight homes that sold in the last week. Apparently $339,000 was a popular number for buyers and sellers to settle on. If we look at a slightly longer time frame of the last thirty days of sales for detached homes in Santee, the average price per square foot was $221.90. However for the last week that number jumped to $249.82.
Sold Price Bed/Bath Address Sq Ft $/Sq Ft $324,9003/2 9609 Abbeyfield Rd. 1,017 $319.47 $339,000 3/2 9731 Ramo Rd. 1,092 $310.44 $339,000 3/2 9611 Cambury Dr. 1,192 $284.40 $339,000 4/2 9733 Bilteer Dr. 1,296 $261.57
If you would like to get pre-qualified for your purchase loan, or maybe even a refinance of your current home, please feel free to give me a call, or drop me an email. There is never a cost or obligation to apply.
Rob McNelis
Summit Mortgage
NMLS#830519
(619) 928-9762
robm@summit-mortgage.com
www.RobMcNelis.com
Data from SANDICOR, Inc. for July 2012, represents properties listed or sold by various brokers.
