Dylan Graham Real Estate Agent San Diego

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Dylan@dylangrealty.com

North Park houses and real estate

Table of Contents

Welcome to San Diego North Park

Five reasons why you should stay in San Diego North Park

  1. A Wide Range of Properties For You to Buy From

While San Diego North Park has historic districts, it also has a broad range of real estate options for those searching for a home.

According to niche.com, the median home price is $496,080 and is expected to rise. According to Redfin, asking prices for homes increased by 11.8% in the last year only!

Buyers can choose from condos, single-family homes, multifamily units, and townhouses in this urban-style neighborhood.

According to Trulia, the market in North Park hasn’t become as competitive as other areas of San Diego in terms of the number of apartments available. This gives the average buyer a better breathing to choose carefully from the variety of residential or commercial properties on the market. Prospective homeowners should also know that homes spend an average of 34.9 days on the market.

Although San Diego North Park has its fair share of hipsters, it is one of the most secure places to raise a child. The community has secured private and public schools with the best yearly grades.

  1. There is constantly a place to go and something to do

San Diego North Park is a hive of activities. The biggest perk is how it caters to the social needs of its resident. North Park is a great place to live, from craft beer to craft cocktails or just coffee if you have kids.

San Diego North Park - neighborhood for all tastes and needs
San Diego North Park – neighborhood for all tastes and needs

You can find salons, cafes, fashion stores, and coffee shops around San Diego North Park.

If you are a foodie and a prospective buyer, you should visit the North Park Farmer’s Market. This ninety-tent goodies market opens every Thursday between 3:30 PM and 7:00 PM.

San Diego North Park Farmers Market

Taste international cuisine or observe chefs in action. If you make the most of this aspect of the San Diego North Park way of life, you can almost guarantee that you’ll never cook the same meal twice.

  1. Top-Tier Highway and Transport Accessibility with Excellent Walkability

Given that Interstate 805 borders the San Diego North Park neighborhood, getting anywhere you need to go is simple and hassle-free.

Of course, you could stay in the neighborhood for what you need or use the expanding bike infrastructure, given the neighborhood’s high walkability rating of 81% and abundance of public transportation options. Cyclists can use both bike-only and shared lanes for cruising the neighborhood or exploring the nearby Balboa Park.

One of San Diego’s busiest lines passes by North Park. Public transportation is an option if you want to go downtown or to Old Town.

  1. A Teeming Hub of Creativity

The Observatory North Park, which once housed Lyric Opera San Diego, was renovated in 2005 and now hosts concerts in keeping with the area’s vintage aesthetic.

Additionally, it’s an excellent location for perusing art galleries. Every second Saturday night of the month, the Ray Street Arts District hosts Ray at Night, San Diego’s most prominent and longest-running art walk.

San Diego North Park is a center of creativity

Festival enthusiasts can fill their calendars with a variety of events. May 2021 has already been set aside for the 22nd Annual Festival of the Arts. The event offers plenty of delectable food, live entertainment, arts and crafts, and the opportunity to observe artists in action. The Taste of North Park, which takes place in October, offers sixteen beers to drink and over forty restaurants.

More info on future art and culture events you can follow on the website North Park Main Street.

 

  1. A Neighbourhood Posied for the Future already

San Diego North Park’s 15,996 households allow you to explore the productive risk of entrepreneurship. The community is currently decked with well-earning individuals –  the current average household earning is pegged at $90,431.

The 2.9% surge in mortgage owners between last year and now show a ready market for any product that satisfies the needs of this vast audience. You can pretty much start any business ranging from a food brand to real estate- and never get bothered about competition.

There is a market for you as long as you are ready. So, while househunting for your next residence in North Park, San Diego, Ca, also look out for an empty stall you cuckold take over and start executing that business idea from!F

North Park houses and real estate

San Diego North Park houses

If you are looking to invest in San Diego North Park or its surrounding areas, then you should look at these stats:

  • If you bought a property in North Park in September 2021 for $775,000, you would have sold it in August 2022 for an extra $52,000.
  • North Park properties are selling faster than ever- with some properties selling within 35 days of listing them. As of August 2022, there are only 26 properties with the sales pending tag.
  • Over $165million worth of properties have been sold in the past 8 months in San Diego North Park.

April 2022 recorded the highest-ever medium price for a square foot in North Park, San Diego, since 2004: $958, which was a whopping 68.2% increase from the cost of the same space in 2021!

FAQ about San Diego North Park houses and real estate market

As of January 2022, the average commitment rate on a 30-year fixed-rate loan was 3.45%. This created a 23.2% appreciation rate on every property in the Diego axis. So, if you want to sell, you can sell at a huge profit.

North Park is rated one of the best places in San Diego to raise a family. Her public and private schools have B+ scores in reviews as a result of their top academic standards and performances.

September is a great time to sell your house, before the yearly dip in real estate value in October. However, if you are a long-term investor, you may be able to sell big between December and mid-April.

However, just know that you have a high tendency to sell your property in North Park faster than ever before! Properties now spend barely 41 days on the market before a buyer scoops them up! So, whenever, you are ready, just know a buyer already is.

Yes, it is. San Diego North Park has a population of 32.000 people, a 0.7% increase from 2021. The metropolis has not experienced in decline in population in the last 5 years. Only 11.8% of this population is 65 and above, so you still have the most vibrant people as neighbors in the famous hippie society.

Properties in North Park are great for investment As they are currently 18.0% more than last year’s prices. And the increase is not looking to fall! 

But if you are only looking for a residential property in San Diego North Park, then you should consider your access to 

  • one of the best food markets in San Diego, 
  • a lively community, and 

a smooth transportation system.

There is just so much life! 

North Park is the epicenter of the hipster culture thanks to its vegan tacos, locals’ mustaches, and third-wave coffee shops. Its residents are primarily young and inked. San Diego has commercial districts teem with craft breweries, shops selling terrariums and sans-serif stationery, and vintage clothing stores.

Despite being an access point to a busy traffic lane and even having heavy traffic too, North Park is very walkable. With 33,128 residents, North Park is the 16th most walkable neighborhood in San Diego. North Park is somewhat bikeable and has some public transportation. Normal Heights, Burlingame, South Park, University Heights, City Heights, Adams North, and Golden Hill are nearby communities.

Compared to most parts of San Diego North Park is relatively secure. So far in 2022, only 85 cases have been reported. Based on Niche.com, average crime rate is very low compared to California average and police is visible and effective.

San Diego Metro Transit buses traveling from North Park to Ocean Beach move from Cable St & Newport Av station. But you can derive your car from anywhere in North Park to Ocean Beach. it is only 8 miles to get from North Park to Ocean Beach by car. The driving time from North Park to Ocean Beach is about 11 minutes. Happy tanning!

If you are considering buying or selling a house in North Park, please get in touch with Dylan Graham. As a San Diego native and one of the best realtors, with special recognition for his personal approach and friendliness, he will guide you through the process of buying or selling a house.

If you want to explore more San Diego communities, check our articles filled with general data and expert recommendations from Dylan.

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