With 70 miles of beautiful beaches, the desert, and the mountains all in close proximity, San Diego personifies the good life, offering something for everyone.
The San Diego real estate market has seen an increase in prices, while inventory is decreasing. According to the ZipRealty Housing Trends Report, in July of 2012, the median home sales price was $340,000. This past July it had risen to $425,375 (an increase of 25 percent in just one year). In addition, homes in San Diego are also staying on the market for less time, dropping from an average number of 40 days last year to just 15 days this year.
If you’re thinking about relocating to San Diego, now’s a great time to make the move to buy or rent a home. But before you decide to pull up roots, remember to check with your insurance agent — you may be able to save on insurance costs by combining renter’s or homeowner’s insurance with your car insurance in your new ZIP Code.
Here’s a breakdown of the different areas you may want to investigate:
San Diego Central Metro – From a regional lake to college communities and urban areas, you’ll find an interesting variety of neighborhoods here, including: Sorrento Mesa, Tierrasanta, Del Cerro and Allied Gardens, Lake Murray, Linda Vista, San Carlos and Mission Valley. Central Metro South areas: Downtown San Diego, Coronado, Hillcrest, Kensington, Talmadge and College, University Heights, Normal Heights and North Park.
San Diego Coastal – Ocean view homes and beach boardwalks are the appeals to these communities. They include: Mission Hills, Midtown Old Town and Little Italy, Point Loma, Ocean Beach, Mission Beach, Pacific Beach and La Jolla.
North County Coastal – Home to some of the region’s wealthiest communities, the area boasts a relaxed beach culture. Neighborhoods include: Del Mar, North County Coastal communities include: Solana Beach, Cardiff-by-the-Sea, Encinitas and Leucadia, La Costa, Carlsbad and Oceanside.
North County Inland – Comprised of spacious residential and master planned communities, neighborhoods include: Torrey Highlands, Mira Mesa, San Marcos, Vista and Escondido.
East County – Positioned along the western border of Cleveland National Forest, where the beach meets the mountains, this wilderness area has plenty of outdoor activities. Neighborhoods include: La Mesa, Spring Valley, El Cajon and Santee.
South County – Just north of the Mexico border, South County is a center of residential neighborhoods and renowned destination experiences. Neighborhoods include: National City, Chula Vista and Imperial Beach, Bonita, Eastlake, Otay Ranch and Paradise Hills.
Plan to spend some time checking out the different neighborhoods – you’ll be amazed at the variety of homes. And don’t forget to ask your insurance agent about those auto and home discounts – you could save a bundle.
Have you enjoyed this fascinating city? Feel free to share your experiences in the comments section below.