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Aug 8,11 Real estate for sale in Mount Helix Spring Valley CA

General Real Estate

Updated on Aug 9, 2011

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I would like to thank you for reading the real estate for sale in Mount Helix Spring Valley CA market report for the two weeks ending Aug 7, 2011. The national finance market is a mess. The reduction from our credit rating, as a result of the debt ceiling mess, from AAA to AA has created massive uncertainty or outright panic. The stock market has lost 1000 points. It will be interesting to see if several swoop in now that the market is massively undervalued.

Mount Helix Spring Valley houses for sale is the bright spot in my market reports. I discuss Carlton Hills, Carlton Oaks, and Woodglen communities in Santee and about Winter Gardens in Lakeside in my blogs here on A Greater Town. Spring Valley is usually the one market that is more stable then the others. The graph I am using for this bi-weekly report looks more wild then the other graphs I have used for this area. The main reason is that I usually supply graphs for 6 months or less. This graph is for the past 2 years. No community has a stable graph for that time period. On the chart we have the black line which is the median home price and the orange line which is the average days on market for homes in Spring Valley real estate.

The median price is a great story of stability; at least when compared to the rest of the United States. The goal of the home buyers credit and MHA programs was to produce a result exactly as we have seen in Spring Valley. In 2009 everyone everywhere crashed. Spring Valley real estate dropped to $231,000 as the median price. The spring of 2010 kicked in as well as the federal incentive. This spurred growth and Spring Valley climbed to the high of $278,000. Now, a drop was expected as fall and winter of 2010 came around. Spring Valley dropped but very mildly. If you look at the other graphs in my other blogs you can see the other communities lost all the gains that they made during the incentive. Spring Valley cooled but did not crash again. It is one of the few areas that did not experience a double dip. For 2011 Spring Valley real estate has hung around $253,000 as the median price.

The orange live for Days on Market is a little more lively. The incentive caused a great wave of home purchases and we saw the days on market reflect the buying trend as that number dropped from 140 days to the low of 98. Since then that number has climbed back up to upper 120’s (+/- 7). This is a very high number. We would like it to be sub 60 days so we are more then double the healthy total. But the real concern is the median price and that is where things are decent. We can put up with long periods of time on market if the price can continue to hold steady.

Let’s conclude by looking at Mount helix real estate figures. Real estate for sale in Mount Helix has had a good 14 days. During these past 2 weeks 4 homes have sold and only 1 new home was added to the Multiple Listing Service. The foreclosures have create a large shadow inventory so it is always good when solds outpace newly listed. Also in the MLS for Mount Helix real estate are 6 active homes, 3 contingent homes, and 5 pending homes. Mount Helix is massive. Mount Helix Spring Valley is a small section of the over all Mount Helix area.

I would like to help you with your real estate needs. When you are looking for home you can search by many criteria. You can look for houses searching 3 bedroom home or 4 bedroom houses. My search allows you to search for specific criteria like foreclosed homes, short sale homes, luxury homes, golf course homes, private pool properties, affordable real estate, and gated communities. You can even search by types like single family residences, condos/townhomes in Spring Valley real estate, 1 story home Mount Helix or 2 story houses Mount Helix real estate. On the site you will find pictures of the homes for sale. Click the link supplied at the bottom of this blog post to check it out.

Real estate for sale in Mount Helix Spring Valley CA Activity

Week ending July 31, 2011:

Status Change $100,950/$100,950 10235 Madrid Wy 123, 2 Bedrooms, Status: Sold.
Status Change $69,000/$69,000 10235 Madrid Wy 118, 1 Bedrooms, Status: Sold.
Status Change $399,000 10087 Casa De Oro Blvd, 4 Bedrooms, Status: Expired.
Status Change $249,900 10023 Diversion Dr, 3 Bedrooms, Status: Pending.
New Listing, Images Added! $339,000 3462 Harmony Ln, 3 Bedrooms, Status: Active.


Week ending Augus7, 2011:

Price Reduced! $280,000 10067 Norte Mesa Dr 3 Bedrooms, Status: Active
Price Reduced! $634,900 10323 San Vicente Blvd 4 Bedrooms, Status: Active
Status Change $92,000 10235 Madrid Wy 146 2 Bedrooms, Status: Expired
Status Change $334,900 3815 Agua Dulce Blvd 3 Bedrooms, Status: Pending
Status Change $175,000 10176 Ramona Dr 3 Bedrooms, Status: Pending
Map

Aug 8,11 Real estate for sale in Mount Helix Spring Valley CA

Spring Valley, CA 91977

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