Based upon our research of the local San Diego County real estate market, it appears that the real estate market prices have decreased in Dictionary Hill, Spring Valley CA. The zip code is 91977.

This is a discussion on the sales prices for homes sold recently as compared to last year. In the past 90 days, there have been 28 homes that have sold and closed escrow in Dictionary Hill. These homes range in prices from a low of $209,000 for a 2 bedroom, 1 bath, and 876 square foot home on Galopago St in Dictionary Hill. To a high price of $685,000 for a 5 bedrooms, 4 baths, 3170 square foot home in Dictionary Hill  on Lake Breeze Dr. The average sold price is $389,494. The average price per square foot is $220 and the average days on market are 77 days.

During this same 90 day period last year, there were 48 homes that sold and closed escrow in Dictionary Hill, CA. These homes ranged in price from $300,000 for a 2 bedroom, 2 bath, 930 square foot home on Saint George St. On up to $766,270 for a 4 bedroom, 3 baths,  Pointe Parkway, 2 story home. The average price of these sold homes one year ago was $491,776, the average price per square foot was $292 and the average days on market was 74 days. Comparing these figures to the current market are the following; the average price decreased by 26% and the average price per square foot decreased by 32%. This is drop in prices do to the correction in the market, high inventory and increase in foreclosures, which are good deals for buyers.

Below is one of the lowest priced for the size lot of 1.43 acres Countrywide’s Bank Foreclosures in map code 1291C3 of Dictionary Hill for sale.

969 Luther Dr, Spring Valley CA 92139
Listed at a price of $457,900 this home features a 4 Bedrooms and 3.5 baths, built in 2003, 2 stories, 2,490 square feet with great panoramic views of Sweet Water reservoir. Open kitchen with windows showing views, granite counter tops and tile flooring. Master bedroom has spa tub, double sinks, walk in closet and bonus room. Recessed lighting thru out home. If you would like to view this home go to County Properties Real Estate

The real estate market in Dictionary Hill has cooled off from a year ago, but we see several signs that a bottom is being reached at this time. If you would like to view all homes, condos or bank owned foreclosures (REO) listed for sale, please visit our website at: County Properties Real Estate.

Dictionary Hill CA Home Prices and Foreclosures for Jan. 2008 is a post from: San Diego Real Estate-San Diego Homes | Riverside Real Estate-Riverside Homes