North Park Community Events, Facts, Stats & More

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North PARK COMMUNITY Events, Facts, Stats & More!

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re you new to North Park and curious about all of the amazing things that our little community has to offer? Or maybe you’ve lived here for years but feel like you’ve fallen out of touch with the pulse of the neighborhood. Either way, it’s time to get yourself up to speed! I Heart 92104 is the place to get the LOCAL scoop! This website is home to a community based group with one big idea in mind… bringing our community together! We’re talking about bringing neighbors together with one another; bringing local businesses together with local residents; and connecting our overall community with those

making the big decisions that affect each and every one of us. We want all of our fellow North Parker’s to be “in the know”! Being informed about what’s going on in the community is important to us, and we think it’s important to a lot of other North Park residents as well. We want you to get a chance to take full advantage of every amazing opportunity for fun and fellowship that this unique neighborhood has to offer! We also want you to be informed of when something is taking place within the community that affects you and how you can get involved. On the site, you’ll find a calendar full of North Park events including: local concerts, community

SPONSORED BY:

Choose Local First Because Community Matters! TM

www.ChooseLocalFirst.org

group meetings, street fairs, farmer’s markets, family friendly outings, and monthly special events hosted by the many different awesome resident businesses here in the community. We’ll be having quarterly events in the neighborhood focused on bringing local vendors and residents together to get to know one another. Also, stay tuned for our monthly video episodes interviewing local business owners and community leaders to find out what being a part of North Park is all about to them. We look forward to serving the 92104 area and helping to bring this awesome community even closer! Visit us at www.ilove92104.com and be sure to ‘like’ us on Facebook at www.facebook.com/Iheart92104.


Local Market Update for January 2016 A Research Tool Provided by the Greater San Diego Association of REALTORS®

92104

Local Market Update for January 2016 A Research Tool Provided by the Greater San Diego Association of REALTORS®

North Park Single Family

January

92104

Key Metrics New Listings Pending Sales

2015

2016

Percent Change

Thru 1-2015

Thru 1-2016

Percent Change

29

23

- 20.7%

29

23

- 20.7%

19

10

- 47.4%

19

10

- 47.4%

0.0%

13

13

0.0%

+ 29.0%

$612,500

$790,000

+ 29.0%

+ 0.8%

94.6%

95.4%

+ 0.8%

- 58.5%

13 13 North Park $612,500 $790,000

Closed Sales Median Sales Price* Percent of Original List Price Received*

Year to Date

94.6%

95.4%

Days on Market Until Sale

Single 53 Family 22

- 58.5%

53

22

Inventory of Homes for Sale

Key 38 Metrics

21

- 44.7%

--

-2015

1.0

- 47.4%

--

--

Months Supply of Inventory

1.9

January -2016 --

29 23 New Listings * Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Pending Sales

Townhouse-Condo

Closed Sales January

Key Metrics

2015 2016 Median Sales Price*

New Listings

22

Year13to Date Percent Change

Thru 1-2015

+ 4.5%

22

23

Pending Sales

Percent of Original List Price Received* 8 18 + 125.0%

Closed Sales

Days9on Market Until Sale- 11.1% 8

9

Median Sales Price*

$325,000 of Homes $279,500for Sale - 14.0% Inventory

$325,000

Percent of Original List Price Received*

Months Supply of Inventory

Days on Market Until Sale

10

19

8

13

Thru 1-2016

Percent Change

23

+ 4.5%

18

+ 125.0%

538

22 - 11.1%

$790,000

$612,500

95.4%

94.6% $279,500 38

- 14.0% 21

96.3%

- 0.7%

43

+ 16.2%

97.0%

96.3%

- 0.7%

97.0%

37

43

+ 16.2%

37

35

16

- 54.3%

--

--

--

2.2

0.9

- 59.1%

--

--

--

1.0

1.9

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated us

Inventory of Homes for Sale Months Supply of Inventory

Townhouse-Condo

January

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.

Median Sales Price – Single Family Rolling 12-Month Calculation $650,000

Key Metrics New Listings

All MLS — Pending92104 Sales —

Closed Sales

2015

$375,000

9

8

$325,000

$279,500

97.0%

96.3%

Days on Market Until Sale $300,000

37

43

Inventory of Homes for Sale

35

16

Months Supply of Inventory

2.2

0.9

Percent of Original$325,000 List Price Received* $550,000

$275,000

$500,000

23

All MLS — 18 92104 —

8

$350,000 Median Sales Price*

$600,000

2016

Median Sales Price – Townhouse-Condo 22 Rolling 12-Month Calculation

$250,000

* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated us

$450,000

$225,000 $400,000 5-2013

10-2013

3-2014

8-2014

Median Sales Price$200,000 – Single Family 1-2015 Rolling 6-2015 12-Month 11-2015 5-2013 10-2013 Calculation

3-2014

8-2014

1-2015

6-2015

11-2015

All MLS — 92104 —

Media Rolling


ASK THE EXPERT REAL ESTATE

THe perfect time to invest in your future Mark Kunce ® Team Leader The My Home Team mark@sdmyhome.com 619-957-4969 DRE# 01458113 Mark grew up in a family involved in Real Estate Sales and Development and brings over 30 years of Real Estate experience to the Team. Mark is a remodeling expert and possesses strong working knowledge of carpentry, plumbing, electrical, and design. Mark heads up our REO division and works closely with many of our Financial Clients to maximize profitability. Having proudly served our Country as a United States Marine, he mastered discipline, leadership, organizational skills, and the mental toughness that is often required in Real Estate. Mark has a Masters of Education degree and has applied his teaching skills in the United States, Japan, and Mexico. He brings great knowledge, understanding, strength, and professionalism to the Team in representing your interests. Mark has traveled to Washington DC, and attended Fannie Mae Congressional hearings dealing with the distressed housing market. He was recently an expert guest on The Michael E. Gerber Show and joined a select group of business experts and entrepreneurs to collaborate and co-write the business and marketing book titled Trendsetters: The World’s Leading Experts Reveal Top Trends To Help You Achieve Greater Health, Wealth and Success!

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re you happy here in San Diego? Do you into perspective, if you were to wait until the end of the plan to stick around and endure the “rough” year to buy a $350,000 home as opposed to right now, and Southern California lifestyle for at least a the interest rates were to rise to 4.6% (less than1%), you few more years? Are you tired of lining your would be looking at about a $55,000 price difference over landlord’s pockets with your hard earned money? Well the lifetime of the loan! then right now could be the perfect time for you to invest All that being said, nobody can say without a shadow of in your own future by purchasing a home! Rather than a doubt just what will happen in the housing market over paying someone else’s mortgage by renting out their high the next year. However, consulting with a professional that priced rental property month after month, perhaps it’s spends every day of the week reading about and following time to consider using that money to build a strong base up on all the current housing trends is a great way to help for yourself instead. Each month, instead of chipping protect yourself when making a move. If you’re interested away at someone else’s home mortgage and ensuring that in finding out more about the local real estate market and they live comfortably, you could be paying off your own how to best invest in your future, there is a free monthly mortgage and investing in a steadily appreciating asset class held in Hillcrest called “The Millionaire Real Estate ultimately ensuring your future stability. Investor Workshop”. The workshop is based on the book, Here in California, the California Association of The Millionaire Real Estate Investor, written by Gary Realtor’s 2016 California Housing Market Forecast Keller, which collects the wisdom and experience of predicts that the median home sale price is set to increase more than 120 Millionaire Real Estate Investors who built by 3.2 percent to financial wealth $491,300 in 2016. San Diego, CA 92104 through real estate In the greater San investing. It reveals Diego, we typically Neighborhood: Housing Stats and Charts the investor’s 92104 San Diego San Diego County California United States se an annual Median Estimated Home Value $524K $510K $482K $441K $319K proven strategies Home Value 12-Month Change 7.8% 6.4% 6.7% 7.8% – appreciation of Estimated Median List Price $375K $525K $456K $405K $80.5K and summarizes –22.6% –0.3% –2.2% –3.3% –10.6% about4-6%. Along List Price 1-Month Change their actions into List Price 12-Month Change –16.5% 10.5% 7.3% 7.4% –1.8% with this steady Median Home Age 55 39 37 44 – s t r a i g ht f o r w a r d 29% 48% 55% 56% 66% appreciation in the Own Rent 71% 52% 45% 44% 34% and easy to follow – – $772M $9.12B $102B market, we will $ Value of All Buildings for which Permits Were Issued % Change in Permits for All Buildings – – 27% 2% 2% models. The most likely also % Change in $ Value for All Buildings – – 12% 18% 7% workshop is held be seeing a steady on the first Tuesday stream of buyers Median Sales Price vs. Sales Volume of every month in the market. This chart compares the price trend and sales volume for homes in an area. (except January) prices typically follow sales While the amount Home volume, with a time lag, since sales is the driver behind price from 7:00 pm to of listings remains activity movements. Data Source: Public records data 8:30 pm. The next relatively low Update Frequency: Monthly workshop will be Median Sales Price throughout San Sales Volume held on Tuesday, Diego, interest rates February 2, 2016, are also remaining at Hillcrest Keller at all-time lows. Williams Office, Currently in 3965 5th Ave San San Diego, you Diego 92103 (2nd can obtain a 30 floor) and will be year fixed rate their 55th monthly conventional loan workshop. Space for about 3.8-4%. is limited (14 It is predicted that registered already), San Diego could so please RSVP see that number Mark Kunce, Realtor www.sdmyhome.com atwww.sdmyhome. rise all the way to Keller Williams Realty - San Diego Metro | CA BRE #01295699 com or call 6194.6% by the end of 2/9/2016 The My Home Team | CA BRE # 01458113 663-7139. the year. To put that Copyright 2016 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity.


North PARK COMMUNITY CALENDAR FEBRUARY

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Saturday Kids Cooking Class @ Waypoint Public Starts at 10am.

FEBRUARY

FEBRUARY

Monday Tribute to the Reggae Legends Festival @ Observatory North Park Doors @ 12pm Show starts @ 1pm -Tickets $55

FEBRUARY

Tuesday North Park Planning Committee Monthly Meeting - 6:30-8:30pm @ North Park Christian Fellowship (2901 North Park Way)

FEBRUARY

Wednesday Monthly Drink About - Check their website (http://sddrinkabout. blogspot.com/) to find participating locations and bus schedules.

FEBRUARY

Thursday North Park Farmer’s Market @ corner of North Park Way and Herman - 3pm-7pm

FEBRUARY

Friday Winter Brew Fest @ The Hall of Champions in Balboa Park 6-10pm ($40-60)

FEBRUARY

Saturday Winter Brew Festival (Day 2) @ The Hall of Champions in Balboa Park 6-10pm ($40-60) BLVD Market @ Heart and Trotter Butcher Shop (6am-10pm)

FEBRUARY

Sunday Nomad Donuts and Beer Pairing @ Thorn Street Brewery 12:30-2:30pm ($15)

FEBRUARY

Monday Soulercise - Soul Line Dance Class 7-8pm @ Queen Bee’s

FEBRUARY

Tuesday Free Tuesdays @ Balboa Park Museums Starts at 10am.

FEBRUARY

Wednesday Gypsy Jazz: Trio Gadjo @ Ritual Tavern LIVE jazz music while you dine from 7-9pm

FEBRUARY

Thursday North Park Farmer’s Market @ corner of North Park Way and Herman 3pm-7pm

FEBRUARY

Friday 80’s/90’s night @ Bar Pink 9pm

FEBRUARY

Saturday Bite San Diego: North Park (2-5pm) - Check their website www.bitesandiego.com for more details.

FEBRUARY

Sunday Salsa Class- Beginner/Intermediate (8:30-9:30pm) followed by Open Salsa Dance with DJ (9:30pm-12am) @ Queen Bees

FEBRUARY

Monday Weekly Bluegrass Brunch @ Urban Solace 10am-2pm

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Follow us on Facebook! Sponsered by Mark Kunce @ I Heart 92104


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