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

COMMUNITY INFORMATIONit's a buyers market or a seller's market, it is useful to
This community of City Heights is located in Centralevaluate home sales data for the most recent month
San Diego County within the state of California. Thereavailable (June 2006), compared against the same
are approximately 73,338 residents in this Zip codeperiod for the previous year (June 2005).
(92105) and 20,610 households. The median age ofThe median price of single-family homes decreased
residents is 26.03 years.from $411,000 in June 2005 to $390,000 in June 2006,
TEMPERATURESwhich represents a 5.1% decline. Moreover, only 17
The temperature in City Heights is relatively moderate.homes sold in June 2006 compared to 30 homes in
The warmest time of year occurs in August duringJune 2005, which represents a 43% drop. Homes took
which temperatures reach an average high of 73?F.an average of 42 days to sell in June 2006, compared
The coldest time of year occurs in December withto 47 days in June 2005. The median price for
average temperatures falling to 58? F.condominiums and townhomes increased slightly from
HOME AND REAL ESTATE PRICES$266,500 in June 2005 to $268,450 in June 2006,
The housing options in City Heights include single-familywhich represents a .7% increase.
homes and properties, condominiums, townhouses, andSCHOOL INFORMATION AND COMPARISONS
apartments. The price of housing is as follows:The students in City Heights are served by the San
? One bedroom townhouse / condominium starts inDiego City Unified School District. These students
the high $100,000s.undergo annual testing to evaluate their academic
? Two bedroom townhouse / condominium starts inperformance. The results of these tests are combined
the low $200,000s.by the California Department of Education into a
? Three bedroom townhouse / condominium starts incomposite score known as the Academic
the low $400,000s.Performance Index (API), which has a range of 200 to
? Two bedroom single-family house starts in the low1000. The statewide goal for schools is to achieve a
$300,000s.score of 800 or above.
? Three bedroom single-family home starts in the midBased on the most recent data available as of July 31,
$300,000s.2006, the three highest-ranking elementary schools in
? Four bedroom single-family house starts in the lowthe 92105 Zip code were Oak Park (API=746) Rosa
$400,000s.Parks (API=746) and Carver Elementary (API=713).
REAL ESTATE MARKET TRENDSFor middle schools, Thurgood Marshall scored the
As with most products and services in the Unitedhighest (API=888), followed by Monroe Clark
States, price shifts in the real estate industry are(API=675), and Wilson (API=628).
subject to the forces of supply and demand. Whether