La Jolla Real Estate, Del Mar Homes, Carmel Valley, University City and Downtown San Diego real estate,
homes and condos for sale in California - Ruth Mills & the Mills Team, REALTOR.






Sign Up For Email Updates
(includes all areas in San Diego County)





 NOV. 19, 2006
California Real Estate proves to be a profitable investment
Title insurer First American Real Estate Solutions, based in Santa Ana reports, most California home sellers saw their investments nearly double in value in only five years.

Sellers in San Diego, including La Jolla and Del Mar, saw a median 91% profit on their homes. A typical example of growth on a home that was purchased a brief 63 months prior for $269,000, are now selling these properties for $512,000. This makes for a $243,500 gain.


The margin in Los Angeles jumped up to $520,000 from $254,000 from purchase to sale. These figures reflect an increase of 105%.

San Bernardino County sellers that paid $156,000 saw their properties increase - over a 130% gain up to a price of $360,000. This increase occurred over a short 45- month span of time between purchase and sale of property.

Sellers in Orange County gained an average 166% profit with prices going from an average price of $284,750 to $616,2500 in just over 62 months.

Back to Real Estate News