Ramona is known as the Gateway to San Diego and North County's Inland Mountains is also known as the Valley of the Sun. It is located above the fog line and below the snow line. Ramona is one of the oldest established communities in San Diego County and has become a magnet for Antique shops in the past few years. This has caused many to call Ramona the Antique Capital of San Diego County. Ramona citizens lined Main Street years ago with beautiful eucalyptus trees. They were hand-watered when first planted during the summer months to keep them alive. Current Ramona citizens and visitors reap the beauty and shade of the eucalyptus trees. If you like to picnic, hike, or just play, Ramona has four great parks for you to enjoy. Also, you can come take a day to enjoy Lake Sutherland Reservoir. If golfing is your fancy then Ramona has two of the most challenging championship courses you'll ever golf.
This is a discussion on the sales prices of homes sold recently as compared to last year. In the past 90 days, there have been 81homes that have sold and closed escrow in Ramona, CA. These homes range in prices from a low of $140,000 for a 3 bedroom, 2 bath, and 1340 square foot home on 10th St. With a high price of $760,000 for a 4 bedroom, 4 baths, and 3400 square foot home on Ridgeview Rd. The average sold price is $371,079 the average price per square foot is $185 and the average days on market are 79 days. Sales price compared to list price is 97%.
During this same 90 day period last year, there were 35 homes that sold and closed escrow in Ramona, CA. These homes range in price from a low of $310,000 for a 2 bedroom, 1 bath, and 800 square foot home on H St. Up to the high price of $1,650,000 for a 2 bedroom, 3 baths, 2662 square foot home on Highland Valley Road. The average price of these sold homes one year ago was $566,780 and the average price per square foot was $242. Also, the average days on the market were 93 days. Sales price compared to list price is 93%.
Comparing these figures to the current market are the following; the average price decreased by 34.5% and the average price per square foot decreased by 24%. Comparison on the number of sales increased by 231%.
The prices have decreased but the number of sales is has dramaticaly increased, compared to the rest of the market, high inventory and increase in foreclosures. This is sign of increasing demand for homes in Ramona, CA. Due to the low interest rates and high demand for the Ramona area and low prices there has been a lot of activity including multiple offers on properties, especially bank owned.
If you would like to view all homes, condos or bank owned foreclosures (REO). Short sales, listed for sale, please visit our website at: County Properties San Diego or County Properties Riverside
