January 2010 Average Sales Price for 92503 Zip code

These are pretty enlightening trends. It's to be expected that the average sales price on standard listings would be all over the place, and in turn that the average foreclosure sales price would hover around the $200,000 range.....a price point indicative for first-time buyers who during the peak of the market a few years back purchased for around $350,000 to $400,000. This is a great time to buy a home. Rates are still outrageously low, FHA guidelines are still pretty reasonable, and some time during 2010, we will see prices start to creep back up.