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Chula Vista, CA Real Estate



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By : Dale Downing    99 or more times read
Chula Vista is the 2nd largest city in San Diego County. It is also one of the most popular places to live in San Diego.

The most recently developed Chula Vista Real Estate is in the Eastern portion of the area, which includes zip codes 91913, 91914 and 91915. According to Trulia.com, from June 2010 to August 2010, the average sale price for Chula Vista Real Estate was just above 300k.

Resale inventories have increased 15% from August 2010 to September 1, 2010, however, even with the increase in inventories, the Chula Vista Real Estate market, just like much of the San Diego market, has been suffering a lack of supply. Combining attached and detached homes throughout Chula Vista, there is only a 1.4-month supply of homes for sale on the MLS. The majority of the inventory available right now is classified as distressed, this describing foreclosures and short-sales, most left in less than visually appealing conditions.

Buyers interested in purchasing Chula Vista Real Estate should be aware that selection will be limited and competition may be tough. Also, there are many different communities in the Chula Vista Real Estate market with different fees like HOA and Mello-Roos. An area expert in Chula Vista is essential for the amount of knowledge needed by an agent selling Chula Vista Real Estate.

In addition to resale inventories, the median sale price of Chula Vista Real Estate also increased 2.5% compared to the previous quarter. The median sales price for homes in the Chula Vista Real Estate market for June 10 to August 10 was around $311k based on 1,031 home sales. Compared to the same period one year ago, the median home sales price has increased 10.9% however, the number of home sales decreased 29.6%. The bottom line is while the Chula Vista Real Estate market may have increased competition in the market due to lack of inventory, there is still a deal to be had.


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