• Send an Email!
  • Phone: 858.437.2662
  • ftlez
  • Contact
    • Contact
    • Request a Buyer Strategy Session / Interview
  • About
    • What is an EBA?
    • About Globella
    • Why Hire Justin?
    • About Justin Gramm
    • VIDEO: Meet Justin
    • Testimonials/Reviews
    • About Buyer Agency
    • The Dual Agent Trap
    • The Globella Difference
    • Accredited Agent (ABR)
    • Privacy Policy
    • Agent Ethics
    • Top 1% of Realtors
  • Resources
    • Buying a Home in 2025
    • When to Buy? Part 1
    • Helpful Buyer Links
    • Location = Lifestyle
    • 10 Best School Districts
    • North Cty vs. San Diego
    • Dog-Friendly Buildings
    • Buying a Condo
    • Buying Foreclosures
    • Agency 101
    • Preapproval Questions
    • Choosing a Lender
    • Negotiating Your Loan
    • Avoiding Wire Fraud
    • Hot vs. Cold Market
    • Hazard Insurance Tips
    • Earthquake Insurance
    • SD Weather Tips
    • Cost of Granny Flat
    • Vesting as LLC or Trust
    • Buying with a VA Loan
    • Buyer Resources
    • Contractor List
    • Home Investigation Tips
  • Services
    • When to Hire an Agent
    • Globella Questionnaire
    • Buyer Representation
    • First-Time Homebuyers
    • Luxury Buyers
    • Relocating to San Diego
    • New Construction
    • Retiring in San Diego
    • 3 Investing Strategies
    • 1031 Exchange Tips
    • Avoid Moving Twice
    • Negotiation Expert
    • Second Home Expert
    • Buyer Services
    • Free Buyer Reports
    • Free Investor Reports
  • Blog
    • Buyer Strategy Session
    • How My Schedule Works
    • How I Work
    • How I Get Paid
    • Buyer's To-Do List
    • How to Write an Offer
    • What is Dual Agency?
    • The Informed Buyer
    • Help for Luxury Buyers
    • 5 Reasons to Rent
    • 5 Reasons to Buy
    • Agency Disclosure
    • Buyer Agent Interview
    • Hiring an Inspector
    • Termites!
    • Get a Home Warranty
    • Checking HOA Health
    • Condo Litigation
    • Property Taxes
    • Investor Services
    • Code of Ethics
    • About the Name
    • Moving Checklist
  • Search
    • VIP Home Finder
  • Phone: 858.437.2662
  • fg

Globella Blog

San Diego Real Estate Blog written by Exclusive Buyer Agent, Justin Gramm.

San Diego Market Statistics

Ocean Front Mission Beach and Pacific Beach Market Overload - MLS Market Statistics August 2010

Posted by Justin Gramm 08/16/2010

Bookmark and Share

Mission Beach Condos on the BoardwalkIf you love walking up the boardwalk in Mission Beach and Pacific Beach as much as I do, you may appreciate these statistics from the Sandicor multiple listing service (MLS). I drew a map to only include buildings on the front row (ocean-front homes, townhomes, and condos). Then, I searched for the active listings, contingent listings, pending listings, and listings that sold in the last six months.

Here's what I found:

In the last six months, 9 listings closed escrow on the front row, ranging in price from $280,000 for a 245 square feet studio to $1,416,929 for a 1,362 square feet (3 bed/3 bath) condo. Days on market ranged from 1 day to 159 days for the nine sold listings. All but one sold for less than the list price. Here's the bad news for sellers. There were only 9 sales in six months! That's less than two sales per month!

Currently, there are 33 active listings for sale in that same area (front row in Mission Beach or Pacific Beach). At the current sales pace, it will take 25 months to sell the current inventory... that's a two-year supply! For those who need to sell now, it's bad news. For those who want to buy now (like our clients), this is good news. There's a lot to choose from and not very much competition at the moment. Current listings range in price from $359,000 to $13,478,000.

Of course, for serious buyers, we will want to dig in even deeper to the statistics, trends, and inventory. Although this is a hyper-local area on the map, we are still looking at a wide range of property types and sizes. It's natural that the market for small, ocean-front condos will behave differently than the market for large, detached, ocean-front homes. It's important to understand the marketplace before you start looking at homes and writing offers to purchase.

Lastly, there are currently two contingent listings and three pending listings in the same search area.

Bookmark and Share

---------------------------------------------------------

Justin Gramm is the founder and principal broker of Globella Buyers Realty, your San Diego Exclusive Buyer Brokerage. He also writes this blog, "For San Diego Home Buyers."

Exclusive Buyer Agents do not list homes for sale and never represent sellers. They have no "inventory" to try to sell you. They can represent you in purchasing any home. They are specialists at representing buyers only on the buyers' side of the transaction. Exclusive Buyer Agents work to get buyers the best price and terms when they buy a home.

If you have excellent credit and plan to buy a home or condo in San Diego County within 90 days, contact Justin Gramm to hire an agent on your side of the transaction. Call Justin at (858) 437-2662 or  E-mail.

About Justin Gramm

He is the founder and principal broker of Globella Buyers Realty, AND he works directly with all of Globella's clients as their Exclusive Buyer's Agent. He is an active member of the National Association of Exclusive Buyer Agents (NAEBA) and the Greater San Diego Association of Realtors (SDAR).

More About Justin

Do you want to make a smart home purchase?

Hey, I'm Justin Gramm. I'm determined to help homebuyers make well-informed home purchases. My only question is, will it be yours?

Free Buyer Strategy Session

Search

Share

Categories

  • All Categories
  • Buying a Home in San Diego FAQ
  • How to Find a San Diego Exclusive Buyer's Agent or Buyer's Broker
  • How to Buy San Diego Real Estate
  • Favorite Things to Do in San Diego
  • San Diego Market Statistics
  • Real Estate Paperwork Explained
  • How to Buy an Investment Property in San Diego
  • What's Exciting!
  • How Does a Buyer's Agent Get Paid?
  • Globella Buyers Realty Service Areas
  • Globella Buyers Realty Client Reviews and Testimonials
  • Justin's Favorite San Diego Restaurants
  • How the 2020 Coronavirus Crisis Affects the San Diego Housing Market
  • La Jolla Buyers Agent 92037, Buyer's Broker for La Jolla Homes
  • Coronado Buyer's Agent, 92118 Exclusive Buyers Broker
  • San Diego Buyer Agent DOT COM (Globella's Sister Website)

Archive

  • March 2025
  • February 2025
  • January 2025
  • October 2024

Powered By: LinkU v2.0.1 Copyright ©2025 globella.com RSS Feed

Justin Gramm, BrokerGlobella Buyers Realty

Phone: 858.437.2662858.437.2662
Email: info@globella.com
Quick Links
  • Home
  • Featured Listings
  • Search Homes
  • VIP Home Finder
  • Your Home's Value
  • Our Agents
  • About Us
  • Contact Us
Get in Touch
Image Verification Please copy the letters you see into the space provided.
Image Verification Code
  CA BRE# 01714813
© GLOBELLA BUYERS REALTY. CA BRE# 01714813 All Rights Reserved. 2008-2022. Privacy Policy
fg
Powered by linkurealty.com