Office Information

ScottWay Capital - Phone: (619) 209-3544
Broker Of Record - Morgan A. Scott
California BRE #01777939
1106 2nd Street Suite 823 Encinitas, CA 92024

Ocean Beach San Diego – A market for both Buyers and Sellers

by admin on May 10, 2012

 
Ocean Beach San Diego
 
The real estate market has been on the upswing in 2012 for both buyers and sellers. A popular area of interest for those looking to sell and purchase real estate in California is Ocean Beach. So what all does the OB community have to offer?

OB is located on the southern coast of California. Residents have only 7 miles to travel to reach downtown San Diego. The residents in the area call themselves “OBceans,” which is pronounced O-bee-shuns.

Property in Ocean Beach San Diego

Home Sale Prices in OB

The average listing price for homes is in the $530,000 range; the median sales price for properties in OB is $460,000. The median price is based on twelve home sales in the area between December 2011 and mid-February 2012.

As an added benefit to sellers, the per square foot price for homes in Ocean Beach San Diego rose 5.9% in the last year, and the median sales price went up by 1%, which isn’t a large median sales price increase, but impressive in what has been a tough economy.

 

Buyers are attracted to this beach town because its economic history was founded on independent and family owned retail businesses. The city does have a unique variety of shopping stores and eateries.

Homeowners in the community are drawn to the area because of the atmosphere; there has been active opposition to chain companies since the 1970s, although one occasionally slips through, such as a Star Bucks that went up in 2001.

OB is one of the most relaxed communities in Southern California; it is reminiscent of the way the area was back in the 50s and 60s; it is a big draw for those seeking to live a laid back lifestyle. The antique district sets it apart from many other California beach areas. Ocean Beach also boasts the longest pier on the west coast.

It is a unique community, and there are quite a number of impressive properties for sale there. It is not oversaturated, however, which is another feature that attracts homebuyers. It’s almost an exclusive community with only 25 homes up for sale at the time of this writing. Those seeking to escape the city metropolis atmosphere fall in love with this town once they see what the lifestyle is like.

Looking for property in California? Don’t miss out on viewing the homes you’ll find in OB San Diego. It’s a unique beachside community and once you visit, you’ll never want to leave!

We're sorry, but it seems that we're having some problems loading MLS data from our database. Please check back soon.

 

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • Digg
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS

Comments on this entry are closed.