Also read: Santee Sales Home Prices are Rising so Far in 2013
ON MARKET:
There are currently only 18 detached and 8 attached homes on the market in Santee. These numbers reflect a 15 day overall supply of homes currently for sale, far below the overall San Diego County inventory supply of 54 days.
The city has an average asking price per square foot of over $252, with the average home on the market being 1,660 square feet with 3 bedrooms and 2 baths. Our average asking price for a home in Santee right now is $400,444.
Here are my top four picks for this week. The home that is probably the best bang for the buck is the listing at 8981 Silver Court. Although it is a short sale and may take some time to close, at $179.27 a square foot, it would be tough to go wrong. The other three are traditional sales boasting numerous upgrades while remaining far below the average sale price per square foot of $249.14 last month.
Asking Price Bed/Bath Adddress Sq Ft$/Sq Ft
$505,000 4/3 8981 Silver Ct. 2,817 $179.27 $549,000 4/3 10155 Conejo Ln. 2,827 $194.20 $449,900 4/3 9767 San Remo Rd. 2,167 $207.61 $374,900 2/2 8313 Bishoff Ct. 1,721 $217.84Recently SOLD:
As we enter March of 2013, Santee is exhibiting a 16% gain in sale price over 2012 YTD overall.
This coincides with the 16% overall gain throughout San Diego County, and surpasses the 13%
gain in other East County communities. The highest sale reported year to date (YTD) in Santee came in at $605,990. In the last month we have had 28 detached homes close escrow, with an average sales price of $375,456.
Here are some of the top sales per square foot in Santee this last month:
Sold Price Bed/Bath Address Sq Ft $/Sq Ft $369,0003/2 10146 El Nopal 1,032 $357.56 $335,000 3/2 9707 Abbeyfield Rd. 1,017 $329.40 $419,000 3/2 9206 Birchcrest Blvd. 1,323 $316.70 $350,000 3/2 9491 Cambury Dr. 1,116 $313.62
If you would like to be prequalified to purchase one of these homes, or any home in California, please give me a call.
Rob McNelis
Summit Mortgage
NMLS#830519
(619) 928-9762
robm@summit-mortgage.com
www.RobMcNelis.com
Data from SANDICOR, Inc. for December 2012, represents properties listed or sold by various brokers.
