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