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San Diego Real Estate - Regional Market Segments


The San Diego real estate market is broken down into distinctive regions and communities. There are 6 regions made up of 91 communities (zip codes) and each region and community has distinctive characteristics and real estate differences. The major regions in San Diego are Central San Diego, Central San Diego Coastal, North County Inland, North County Coastal, East County and South Bay. The following table shows the community makeup of each region.

San Diego Regions & Communities

 

San Diego Real Estate Market: San Diego experienced a tremendous growth in house prices over the past 10 years. Since the growth in house prices outpaced the growth in wages, San Diego became the second least affordable housing market in the United States. The lack of affordability reduced the demand for home sales and made people look for more affordable alternatives to living in San Diego, causing a net negative migration since 2004. The reduction in demand has caused home prices to decline more in the past two years than in the four year period 1992 to 1996, the last market downturn. Another result of the reduction in demand then the reduction in prices has been the increase in foreclosure activity. However, the negative housing news is not universal across all of San Diego; it is a region by region, community by community phenomenon.

  

 

 

Market Segment

Zip Code

 

Market Segment

Zip Code

  Market Segment Zip Code
Central San Diego Coastal      South Bay      North County Coastal   
Clairemont

92117

  Bonita

91902

  Cardiff

92007

Coronado

92118

  N. Chula Vista

91910

  Carlsbad NW

92008

La Jolla

92037

  S. Chula Vista

91911

  Carlsbad SE

92009

Ocean Beach

92107

  Chula Vista/Eastlake Otay Mesa

91913

  Carlsbad NE

92010

Pacific Beach/Mission Beach

92109

  NE Chula Vista

91914

  Carlsbad SW

92011

Point Loma

92106

  SE Chula Vista

91915

  Carmel Valley

92130

University City

92122

  Imperial Beach

91932

  Del Mar

92014

Sorrento Valley

92121

  National City

91950

  Encinitas

92024

          Paradise Hills

92139

  Oceanside

92054

Central San Diego        San Ysidro

92173

  Oceanside

92056

College Grove

92115

              Oceanside

92057

Del Cerro

92120

  North County Inland       Rancho Sante Fe

92091

Downtown

92101

  Bonsall

92003

  Solana Beach

92067

Encanto

92114

  Escondido S.

92025

         
Golde Hill

92102

  Escondido N.

92026

  East County    
Hillcrest/Mission Hills

92103

  Escondido E.

92027

  Alpine

91901

Linda Vista

92111

  Fallbrook

92028

  Borrego Springs

92004

Logan Heights

92113

  Mira Mesa

92126

  El Cajon

92019

Mission Valley

92108

  Poway

92064

  El Cajon

92020

Kensington/Normal Heights

92116

  Ramona

92065

  El Cajon

92021

North Park

92104

  Rancho Bernardo W.

92127

  Jamul

91935

Old Town

92110

  Rancho Bernardo E.

92128

  Julian

92036

San Carlos

92119

  Rancho Penasquitos

92129

  La Mesa/Mt Helix

91941

Tierrasanta

92124

  San Marcos N.

92069

  La Mesa/Grossmont

91942

City Heights

92105

  San marcos S. (San Elijo Hills)

92078

  Lakeside

92040

Serra Mesa

92123

  Scripps Ranch

92131

  Lemon Grove

91945

         Valley Center

92082

  Rancho San Diego

91978

        Vista W.

92083

  Santee

92071

        Vista E.

92084

  Spring Valley

91977

        Vista

92081

  Boulvard

91905

        Palomar Mountain

92060

  Campo

91906

        Santa Ysabel

92070

  Decanso

91916

        Warner Springs

92086

  Jacumba

91934

                Pine Valley

91962

 

 

 

Each region has different real estate characteristics from size, type of home, list prices, sold prices, inventory of homes for sale and foreclosure activity.

 

 

 

#

Avg List Price (000)

Avg Sold Price (000)

Avg Sq Ft

Months Supply

Foreclosures 

Central San Diego                       
Active

1,106

$455

 

1420

2.2

143

Sold

382

$307

$296

1241

     72
                                  
Central San Diego Coastal                       
Active

962

$1,546

   

2155

4.5

43

Sold

155

$711

$666

1608

     20
                          
South Bay                       
Active

767

$326

   

1835

2.1

100

Sold

263

$306

$302

1844

    66
                         
North County Inland                   
Active

2,127

$574

  

2396

2.8

246

Sold

546

$385

$371

1930

    117
                    
North County Coastal                      
Active

1,609

$1,409

   

2931

3.7

120

Sold

320

$650

$617

2094

    62
                         
East County                      
Active

1,035

$388

            

1928

2.4

165

Sold

287

$290

$281

1666

      80

 

 

**  January 2012 data: Data from Sandicor is deemed reliable but not guaranteed

 


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