Real Estate
Rancho Santa Fe
Ready, Set, Go…
time to get shopping!
K
Point Loma
BY A P P LE B Y FA M I LY R E A L ESTAT E
nown as “America’s Finest City”, San Diego is a
coveted enclave within California which continually
attracts families who want it all: great year-round
weather, white sandy beaches, a steady economy,
world class educational institutions and healthcare,
attractions like the San Diego Zoo, SeaWorld, Legoland, the
theater, and best of all, a casual, healthy lifestyle that keeps
residents feeling young.
Consistent with the high demand to live here, San Diego’s real
estate market has been booming for years. But, as with all other
locales, prices fluctuate with changes in supply and demand, the
economy and interest rates. Looking at County-wide statistics,
prices are down from their highs, and sales take longer than
28 GBSAN.COM | JUNE 2019
they have in the last couple of years. However, each community
whether Point Loma, La Jolla, Del Mar or Rancho Santa Fe
experiences its own real estate market characteristics.
Point Loma’s smaller market has maintained a steady pace
with a consistent median sales price and closed sales have
seen an increase of 11% so far in 2019. There is only a 2.5
month supply of inventory at the present time. The Point Loma
community continues to benefit as Downtown San Diego is
booming with residential and commercial development. Streets
from the Gaslamp to Little Italy to Liberty Station are alive and the
vibe is young and electric as residents and their dogs enjoy the
downtown lifestyle!