Catch Me if You Can

The San Diego real estate market is getting pretty lively.  The number of new listings and price reductions are plentiful.  The quality of homes on the lower end of the price scale are improving and more sellers look eager to play.  Buyers and sellers aren’t the only ones in the game either.  With a growing number of nuisance properties on their hands, lenders are getting creative in their efforts to unload.  Housing fears are subsiding as the crisis ages and we are getting more comfortable with the realities of the current cycle.  Hesitation still exists, but the mania is quieting down and a certain cautious optimism has taken its place.  Here are some newbies and reductions that just might make you want to pounce.

4104 40th Street

• 1939 single family home with 3 beds, 1 bath
• 1,216 square feet, priced at $212 per square foot
• Asking $258,000
• Zestimate $454,000
• Last sold for $371,213 on 10/15/07
• On Redfin 2 days

1643 Madison Avenue

• 1925 single family home with 2 beds, 1 bath
• 861 square feet, priced at $389 per square foot
• Asking $335,000
• Zestimate $435,000
• Last sold for $334,374 on 12/12/07
• On Redfin 4 days

4433 Bancroft Street

• 1927 single family home with 2 beds, 1 bath
• 900 square feet, priced at $443 per square foot
• Asking $399,000
• Zestimate $408,000
• Last sold for $455,500 on 4/13/07
• On Redfin 79 days

If you liked this post you might also enjoy:

So You Like the Down and Dirty (Don’t Worry, I Won’t Tell)

Hot Deals and Downright Steals (You’re Gonna Get Busted!)

The Many Faces of the 2008 Real Estate Market