4S Ranch San Diego Real Estate Market Update ( December-2010 )
By Stephen MacLeod, Arizona and California Broker and Property Manager
(Highland Home Watch)
Mortgage interest rates edged up a little this week but they are still way below the norm. Some encouraging news, the government sold its remaining stake in Citigroup and AIG said it will pay back the final $20 billion it owes the New York Fed. The key metrics below will provide some insight into the 4S Ranch single family home, and condo/townhome market: 4S Ranch Single Family Homes December, 2010: 4S Ranch Homes for Sale: 56 (Active, contingent, and pending) December, 2010: 4S Ranch Months of Inventory: 4.9 November, 2010: 4S Ranch Median Home Price $678,000; 11% higher than November, 2009 November, 2010: 4S Ranch Homes Sold: 11; 78% higher than November, 2009 4S Ranch Condos and Townhomes December, 2010: 4S Ranch Condos for Sale: 28 (Active, contingent, an...
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