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City Heights, San Diego Real Estate Market Trends, School and Community Information, August 2006

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




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