Thinking
about Encinitas real estate
prices or home purchasing? We specialize in fine
homes and investments
in the North County area. Let us show you some of
the best opportunities.
Click
on links below to explore what the area has to offer.
If we can help you in any way, or if you have a
specific question, we invite you to call us direct
at (858)382-5822.
Encinitas Homes
Area Information
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When purchased
and managed properly, real estate is one of the
safest and most profitable investments available
to the average person. Encinitas has several different
areas and properties in all price ranges down to
about $450,000. There are older cottages and bungalows
in Leucadia for instance, which are at the lower
end of the areas price range, and there are newer
estate type homes in the Olivenhain area in the
two to three million dollar range. There are also
beautiful homes along the hillside in Cardiff and
along Neptune which may go for between one and two
million dollars.
In July
2004 the average Encinitas home was valued at $986,250
and the median was $825,000. The San Diego County
median home price from July 2003 to July 2004 increased
33%. Of course prices have not been as high as they
are, nonetheless, prices still continue to increase
significantly. A cottage which originally sold for
$6,000 in 1960, was worth $15,000 in 1970, $65,000
in 1980, $150,000 in 1990 and may be worth nearly
a million dollars today, mostly for the value of
the land. In some parts of the city, there are still
lots or land available, but it is running out fast.
The market
for Encinitas real estate is strong, and not only
are there some great properties available, the area
also has some of the best weather anywhere! Encinitas
is a great place to live and work. You don't have
to be a professional investor to benefit from the
strength of the current housing market, but you
should be careful and do research before making
any investment or purchase. The most important considerations
are:
1) Know
the market...what is happening in the area and
economy
2) Know how to analyze a property
3) Know your limits (dollar and risk wise)
If you're
thinking of buying or selling a piece of property,
or know someone who is .. don't hesitate to contact
us, and we will be happy to give you free advice.
We understand that each individual or family has
unique requirements, and we are dedicated to helping
you find the perfect property. We have extensive
area experience, and know the market. Contact us
today for more information. |