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July 6, 2009
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Market Conditions

San Diego is seeing a true buyers market at this time, with prices on a downward trend. Local expert Dawn Lewis reports that the downtown San Diego median condo price for 2007 was $538,000. This median condo price for Downtown San Diego condos was $52,000 less than last years median condo price."

According to local experts Dennis and Sunshine Smith, the area includes a wide range of cities -- where prices start low in the northern community of Oceanside and rise as you move South.

They report, "Oceanside [is] the most reasonable with prices for condos starting in the high $100,000's to $2.5 million, and houses starting in the $300,000's and going to $4.6 million. Oceanside also has the greatest number of senior housing units."

Published: October 9, 2008

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Mortgage Rates
30 Year Fixed: 5.42%
15 Year Fixed: 4.87%
1 Year Adj: 4.93%
(U.S. Weekly Averages)

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