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