This is an up & coming foreclosure in the community of Winding Walk in Otay Ranch. We will be having a sneak peek open house on 2/27 between 12pm-3pm @ 1758 Copper Penny Dr Chula Vista Ca. Home has 5 bedrooms, 3 full bathrooms & much more! This property in the community of Winding Walk in Otay Ranch will go fast so be sure to contact us if your interested!
Click here to get loan information before the rates go up. To get started on viewing homes, condos, investment properties, pre-foreclosures, bank owned foreclosures (REO's) or thinking of selling your property, please contact me today for free counseling at (619) 301-0200 visit our website, click www.CountyProperties.net
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Based upon our research of the local San Diego County real estate market, it appears that the real estate prices have decreased in Otay Ranch San Diego County, CA.
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 180 homes that have sold and closed escrow in Otay Ranch, Chula Vista, CA. These homes range in price from a low of $335,000 for a 3 bedroom, 2.5 bath, 1408 square foot home at 1418 Laytonville Pl . To a high price of $679,900 for a 5 bedroom, 4 bath, 3649 square foot home on 1217 Farmerville St. in Otay Ranch. The average sold price is $460,975. The average price per square foot is $209 and the average days on market are 77 days.
During this same 90 day period last year, there were 194 homes that sold and closed escrow in Otay Ranch , Chula Vista, CA. These homes ranged in price from $435,000 for a 3 bedroom, 2.5 bath, 1408 square foot home on 1438 Laytonville Pl. On up to $690,000 for a 4 bedroom, 3 bath, 2989 square foot home. The average price of these sold homes one year ago was $627,070, the average price per square foot was $277 and the average days on market was 72 days. Comparing these figures to the current market are the following; the average price decreased by 36% and the average price per square foot decreased by 32%. This is a large drop in prices do to the correction in the market, high inventory and a increase in foreclosures, which are good deals for buyers. In the current real estate climate there are multiple offers on many of the bank owned forclosures. The buyers affordability index is higher as a result of the dramatic drop in prices. Buyers that can afford to buy are very motivated, currently due to the recent changes and are taking advantage of lower payments on financing. You can get financing information on the home below, one of County PropertiesBank Foreclosure listings in Otay Ranch.
948 Red Granite Rd Chula Vista CALIFORNIA, 91913 Price: $789,900
GORGEOUS, move in ready home. Kitchen is a cooks delight with granite counters,double ovens & large island.Enjoy fireplace in family rm while utilizing kitchen.Recessed lighting thru out home. Double staircase leading to 2nd floor.Good sized bedrooms, 2 having own bathrooms, not including master. BANK FORECLOSURE.
If you would like to view our Company listing or all homes listed in the MLS, please visit our website at:
Based upon our research of the local San Diego County real estate market, it appears that the real estate market has decreased in Otay Ranch San Diego County, CA.
This is a discussion on the sales prices for condos sold recently as compared to last year. In the past 90 days, there have been 12 attached homes that have sold and closed escrow in Otay Ranch, Chula Vista, CA. These attached homes range in price from a low of $249,000 for a 2 bedroom, 2 bath, 721 square foot condo on Santa Lucia Rd in the Terra Vista complex. To a high price of $485,000 for a 3 bedroom, 2.5 bath, 1794 square foot condo on Thistlewood Ave. in Otay Ranch. The average sold price is $326,483. The average price per square foot is $271 and the average days on market are 84 days.
During this same 90 day period last year, there were 22 attached homes that sold and closed escrow in Otay Ranch , Chula Vista, CA. These condos ranged in price from $299,900 for a 2 bedroom, 2 bath, 963 square foot condo on Paizay Place in the MER SOLEIL complex. On up to $619,000 for a 4 bedroom, 3 bath, 1987 square foot condo in the Lomas Verdes complex. The average price of these sold condos one year ago was $405,779, the average price per square foot was $324 and the average days on market was 67 days. Comparing these figures to the current market are the following; the average price decreased by 20% and the average price per square foot decreased by 16%. This is a large 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 Bank Foreclosures in Otay Ranch that recently sold.
1305 Mother Lode Way #1, Chula Vista, CA 91913 Listed at a price of $259,900 this condo features 2 bedrooms, 2 bathrooms, with PRIVATE master bedroom on 3rd floor. Square footage is 1,071 built in 2005. End unit, with a private Patio. Enter home thru front door or directly from garage. Washer and dryer hookups are in the garage. Kitchen is very open and bright with recessed lighting.
The real estate market in Otay Ranch has cooled off substantially from a year ago, but we see several signs that a bottom has been reached at this time. If you would like to view all homes or condos listed for sale, please visit our website at: County Properties Real Estate.