Carmel Valley, San Diego, Real Estate Market Trends 2006
April 2, 2008 by
Filed under Advertising
COMMUNITY INFORMATION
Located in northern San Diego is the community of Carmel Valley, not to be confused with the eponymous region in Northern California. There are approximately 34,471 residents within the 92130 zip code, and 12,387 houses. The median age of the residents in this area is 35.16 years old.
TEMPERATURE
The temperature here is moderate, where the warmest time is in August, where temperatures average to about 72°F. In reverse, the coolest time is in December, when the average temperature is 56°F.
HOME AND REAL ESTATE PRICES
There are many housing options in Carmel valley, and range from single-family homes to condominiums. Following are the approximate housing prices in the area.
·One bedroom townhouse / condo starts in the high $200,000s
·Two bedroom townhouse / condo starts in the high $300,000s.
·Three bedroom townhouse / condo starts in the low $500,000s
·Three bedroom single-family house starts in high $500,000s
·Four bedroom single-family home starts in low $700,000s
REAL ESTATE MARKET TRENDS
Like anything sold in the United States, real estate price shifts are influenced by supply and demand. No matter the condition of the market, it is important to compare the most recent home sales data (June 2006) against the data in the same period the previous year, (June 2005). This data, however, is only a small picture of a long period of time. To get a more accurate view of the market trends, data should be taken from over a longer period of time.
The median price of single-family homes reached $1,080,000 in June 2006, which was a 13.74% increase over June 2005. In contrast, the median price of condominiums and townhomes decreased to $580,000, which was a 7.2 decline from the year before.
In June 2006, the median price reached $1,080,000, or a 13.74% increase, for single-family homes when compared to June 2005. The median price of condominiums and town-homes decreased 7.2% to $580,000 when compared to the previous year.
SCHOOL INFORMATION
There are two school districts in Carmel Valley; the Solana Beach School district, which covers elementary schools in the northern part of town, and the Del Mar union School District, which covers the southern end.
Carmel Valley students are tested annually for academic evaluation. The results are combined into a composite score called the Academic Performance Index. Scores range from 200-1000 and the statewide goal is 800 and above.
Based on the most recent data available as of July 31, 2006, the highest-ranking elementary school in the Carmel Valley area was Sage Canyon Elementary (API = 963), followed by Torrey Hills School (API=950), Carmel Creek Elementary
Based on data available from July 31,2006, Sage Canyon Elementary ranked the highest with an API of 963, followed by Torrey Hills School (API=950), and Carmel Creek Elementary (API=946). Others at the top of this list include Solana Pacific Elementary, Ashley Falls Elementary, and Carmel Del Mar Elementary. Carmel Valley Middle school earned an API of 931. High schools attained high API scores, with Canyon Crest earning an API of 842 and Torrey Pine High Earning an API of 821.
Located in northern San Diego is the community of Carmel Valley, not to be confused with the eponymous region in Northern California. There are approximately 34,471 residents within the 92130 zip code, and 12,387 houses. The median age of the residents in this area is 35.16 years old.
TEMPERATURE
The temperature here is moderate, where the warmest time is in August, where temperatures average to about 72°F. In reverse, the coolest time is in December, when the average temperature is 56°F.
HOME AND REAL ESTATE PRICES
There are many housing options in Carmel valley, and range from single-family homes to condominiums. Following are the approximate housing prices in the area.
·One bedroom townhouse / condo starts in the high $200,000s
·Two bedroom townhouse / condo starts in the high $300,000s.
·Three bedroom townhouse / condo starts in the low $500,000s
·Three bedroom single-family house starts in high $500,000s
·Four bedroom single-family home starts in low $700,000s
REAL ESTATE MARKET TRENDS
Like anything sold in the United States, real estate price shifts are influenced by supply and demand. No matter the condition of the market, it is important to compare the most recent home sales data (June 2006) against the data in the same period the previous year, (June 2005). This data, however, is only a small picture of a long period of time. To get a more accurate view of the market trends, data should be taken from over a longer period of time.
The median price of single-family homes reached $1,080,000 in June 2006, which was a 13.74% increase over June 2005. In contrast, the median price of condominiums and townhomes decreased to $580,000, which was a 7.2 decline from the year before.
In June 2006, the median price reached $1,080,000, or a 13.74% increase, for single-family homes when compared to June 2005. The median price of condominiums and town-homes decreased 7.2% to $580,000 when compared to the previous year.
SCHOOL INFORMATION
There are two school districts in Carmel Valley; the Solana Beach School district, which covers elementary schools in the northern part of town, and the Del Mar union School District, which covers the southern end.
Carmel Valley students are tested annually for academic evaluation. The results are combined into a composite score called the Academic Performance Index. Scores range from 200-1000 and the statewide goal is 800 and above.
Based on the most recent data available as of July 31, 2006, the highest-ranking elementary school in the Carmel Valley area was Sage Canyon Elementary (API = 963), followed by Torrey Hills School (API=950), Carmel Creek Elementary
Based on data available from July 31,2006, Sage Canyon Elementary ranked the highest with an API of 963, followed by Torrey Hills School (API=950), and Carmel Creek Elementary (API=946). Others at the top of this list include Solana Pacific Elementary, Ashley Falls Elementary, and Carmel Del Mar Elementary. Carmel Valley Middle school earned an API of 931. High schools attained high API scores, with Canyon Crest earning an API of 842 and Torrey Pine High Earning an API of 821.