Mission Bay Real Estate 2020 Through June
25 single family homes sold in Mission Bay so far in 2020. Single family volume is down, there were fewer high-end deals, but low price deals nearly vanished and the average transaction price jumped up.
Townhome transactions accelerated with 12 in just 6 months. The average price was down slightly.
Single Family Homes in Mission Bay
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As usual some of the highest prices were in the Cordova Estates subdivision. 20348 Hacienda Court was the top deal, selling for $592,000. The four-bedroom, three-bath house has 2650 square feet, and a screened-in pool.
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On the other side of the circle, 20284 Hacienda Court sold for $570,000 with the same floor plan.
In 2019 three homes in Mission Bay sold for over $600,000, so prices at the high end fell off a bit.
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On the south side of Glades Road, 11173 Harbour Springs sold for $520,000 with five bedrooms and three baths in 2900 square feet.
Seven other homes sold for more than $500,000:
- 10738 Santa Rosa – $565,000 for 5 bedrooms in 2800 square feet
- 10750 Haydn – 4 bedrooms in 2700 square feet for $555,000
- 20561 Sausalito – $530,000 for 4 bedrooms in 2560 square feet
- 20296 Hacienda – 4 bedrooms, 2560 square feet, $525,000
- 10837 Ravel – $520,000, 4 bedrooms, 3100 square feet
- 10610 Wheelhouse – 6 bedrooms, 3050 sq.ft., $507,000 – took nearly two years to sell
- 20940 Avenel Run – $505,000, 4 bedrooms, 2800 square feet
The median transaction was the $471,000 sale of 10520 Wheelhouse Circle in Regatta, a four-bedroom house with 2400 square feet. The average price was $470,000 at $190 per square foot.
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Most homes sold in two months or less. Taking out the unusually slow transaction at 10837 Ravel, the average sale took less than one month.
Other deals above $400,000 were:
- 10903 Ravel – $480,000, 4 bedrooms, 3000 square feet
- 10885 La Salinas – 4 bedrooms, 2260 square feet, $475,000
- 11103 Baybreeze – $455,000, 4 bedrooms, 2650 square feet
- 11107 Baybreeze – Same floor plan, $450,000
- 10920 Haydn – $445,000, 5 bedrooms, 2300 square feet
- 10982 Ravel – 3 bedrooms, 2150 square feet, $440,000
- 20252 Monteverdi – $431,000, 5 bedrooms, 2300 square feet
- 10719 Avenida Santa Ana – 4 bedrooms, 2100 square feet, $425,000
- 20364 Vera Cruz – $415,000, 4 bedrooms, 2600 square feet
- 11106 Harbour Springs – 4 bedrooms, 2000 square feet, $415,000
Four homes sold for $400,000 or less. This is a big change from last year when 21 homes sold in that pricing over the full year.
- 10592 Mendocino – $400,000, 3 bedrooms, 1900 square feet
- 10981 Ravel – Short sale, $369,000, 4 bedrooms, 2200 square feet
- 10298 Buena Ventura – 3 bedrooms, 1900 square feet, $350,000
- 10480 Mateo – $320,000, 3 bedrooms, 1600 square feet
Mission Bay Townhomes and Villas
The average price for townhomes and villas fell to $288,000, but that average was pulled down by a bank-owned home and an unusually small unit. Taking those two out of the calculation leaves the average price the same at $301,000.
Four townhomes sold over $300,000:
- 10412 Lake Vista – $340,000, 2 bedrooms, 1660 square feet
- 10540 Lake Vista – 3 bedrooms, 2000 square feet, $335,000
- 10440 Plaza Centro – $328,000, 3 bedrooms, 2000 square feet
- 20970 Via Azalea – 4 bedrooms, 1800 square feet, $302,000
Four more units sold just under $300,000:
- 20487 Via Marisa – $298,000, 2 bedrooms, 1250 square feet
- 10430 Lake Vista – 3 bedrooms, 1400 square feet, $295,000
- 10455 Lake Vista – 3 bedrooms, 1400 square feet, $290,000
- 20950 Via Alamanda – $290,000, 3 bedrooms, 1600 square feet
The last four homes sold over a broader range:
- 10470 Lake Vista – $277,000, 3 bedrooms, 2100 square feet
- 10456 Lake Vista – 2 bedrooms, 1400 square feet, $257,000
- 10360 Courtside – $242,000, 2 bedrooms, 800 square feet
- 10376 Lake Vista- 2 bedrooms, 1400 square feet, $207,000 – Bank-owned