Author: Real Estate Prosbr
Source: articledashboard.combr
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COMMUNITY INFORMATION
This community of City Heights is located in Central San Diego County within the state of California. There are approximately 73,338 residents in this Zip code (92105) and 20,610 households. The median age of residents is 26.03 years.
TEMPERATURES
The temperature in City Heights is relatively moderate. The warmest time of year occurs in August during which temperatures reach an average high of 73ฐF. The coldest time of year occurs in December with average temperatures falling to 58ฐ F.
HOME AND REAL ESTATE PRICES
The housing options in City Heights include single-family homes and properties, condominiums, townhouses, and apartments. The price of housing is as follows:
ท One bedroom townhouse / condominium starts in the high $100,000s.
ท Two bedroom townhouse / condominium starts in the low $200,000s.
ท Three bedroom townhouse / condominium starts in the low $400,000s.
ท Two bedroom single-family house starts in the low $300,000s.
ท Three bedroom single-family home starts in the mid $300,000s.
ท Four bedroom single-family house starts in the low $400,000s.
REAL ESTATE MARKET TRENDS
As with most products and services in the United States, price shifts in the real estate industry are subject to the forces of supply and demand. Whether its a buyers market or a sellers market, it is useful to evaluate home sales data for the most recent month available (June 2006), compared against the same period for the previous year (June 2005).
The median price of single-family homes decreased from $411,000 in June 2005 to $390,000 in June 2006, which represents a 5.1% decline. Moreover, only 17 homes sold in June 2006 compared to 30 homes in June 2005, which represents a 43% drop. Homes took an average of 42 days to sell in June 2006, compared to 47 days in June 2005.
The median price for condominiums and townhomes increased slightly from $266,500 in June 2005 to $268,450 in June 2006, which represents a .7% increase.
SCHOOL INFORMATION AND COMPARISONS
The students in City Heights are served by the San Diego City Unified School District. These students undergo annual testing to evaluate their academic performance. The results of these tests are combined by the California Department of Education into a composite score known as the Academic Performance Index (API), which has a range of 200 to 1000. The statewide goal for schools is to achieve a score of 800 or above.
Based on the most recent data available as of July 31, 2006, the three highest-ranking elementary schools in the 92105 Zip code were Oak Park (API=746) Rosa Parks (API=746) and Carver Elementary (API=713). For middle schools, Thurgood Marshall scored the highest (API=888), followed by Monroe Clark (API=675), and Wilson (API=628)./pbr
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