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North and South in the West

Posted by Tonya Spivey on May 14, 2019
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Interestingly enough, Seattle and San Diego markets share similar pricing, and they’re both experiencing what many label as a housing crisis. Both place have desirable waterfront luxury in cities with lots to offer.

In the greater San Diego area, the average sale price for a single family home is $640k; in King County, it’s $610k. In the heart of each city, the prices become even more similar. The driving force behind these cities’ price increases might differ, but ultimately, in both places it comes down to supply and demand.

 

 

San Diego has many things to offer. It’s the second largest county in the state of California, and it houses a diverse military, student, and entrepreneurial population that stimulates the economy, along with the biotech, software, and manufacturing industries. Many people seek it out as a destination to live, work, and play. San Diego borders Mexico and sits on the Pacific Ocean, offering a beautiful coastline for many to enjoy. People from all walk of life favor its neutral climate.

The tech world put Seattle on the map and created massive movement towards the once-sleepy city that was home to Boeing’s original base and the 1990s erupting grudge scene. Many tech giants have since claimed space in the city, as well as many other industries that came to compete for the area’s expansive growth. The fresh air and beautiful trees provide a great environment for many newcomers to make their homes. Despite the rain, Seattle has so much to offer its residence.

The issue of density has hit Seattle just as it has San Diego. Both cities are experiencing the need for more housing in general to accommodate their growth, but even more so, they share a need for affordable housing. Prices have risen in record numbers in both cities over the years. Their mayors and local officials are doing what they can to assist with this housing crisis, but overall, both cities face very similar challenges.

As a real estate agent, I will dig into the Seattle market even more, but thanks to my experience in San Diego, I am ready and prepared to help my clients navigate a demanding market. Each market battles with the challenge of not enough inventory for its residence, but inventory is slowly coming up as the market shift begins in both region in 2019, which is allowing more buyers back into the market.

 

Tonya Spivey

  • Brian Heagler
    Brian Heagler
    16:55 02 Jun 19
    I have worked with Johnine and her team for 19 years and have always received personal, knowledgeable and professional service and attention! There is never and pressure and they will guide you away from a property when appropriate, which is always appreciated when a market is hot and the tendency is to move quickly. I trust them and have never been let down!
    Anne Slater
    Anne Slater
    18:03 25 May 19
    Johnine Larsen is fabulous! She listened and came up with ways we could get what we wanted in a house and stay within our limited budget. When we found the house we wanted, she moved super fast to get the house inspected and implemented creative ideas to make our offer appealing. And out of 13 offers, we were selected and got our house. I recommend her to anyone buying a home.
    Amy Burdick
    Amy Burdick
    19:13 24 May 19
    Real Estate Gals made sure we found our perfect house! Then, when we were up against other bidders, Johnine worked tirelessly to ensure we were tops! Her extensive real estate experience combined with exceptional character and integrity provided peace of mind throughout the process. She also made sure we received the right value as a seller and got the transaction done quickly and efficiently. Simply stated: there is nobody better to help you find your dream home.
    Bill Hollman
    Bill Hollman
    22:21 19 May 19
    I'd give Real Estate Gals 6 stars if I could. We have used them multiple times, both in selling and buying homes in Seattle and the surrounding area. I can't say enough about the professionalism, knowledge, and patience they bring to the task of buying a new home, or selling your current residence. And they know the Seattle area so well, they'll offer valuable insights into the pros and cons of any location you may be to considering. Look no further, call Johnine at Real Estate Gals. You will be glad you did!
    Beth Guerra
    Beth Guerra
    01:14 18 May 19
    Johnine was a breath of fresh air in the real estate market. She listened intently to our wishes and goals, and was tireless in her search for our perfect house. She is well versed in both Seattle and the surrounding areas. She made sure all the details were taken care of after the inspection, and made the closing process seamless. She even gifted us with a housewarming present. Nearly 7 years later, we still receive holiday cards and well wishes. I highly recommend Real Estate Gals and will look no further in the future.
    Aidan Key
    Aidan Key
    15:44 17 May 19
    Johnine and the Real Estate Gals brilliantly took us through the home buying process two different times. Their willingness to educate (I was new), hear our home hopes, and support us through the process are a few of the reasons that I highly recommend this team. Speaking of a team, I love their collaborative business model - it meant that we--the home buyers--always had a returned phone call and an ability to look at a house on OUR schedule. Truly felt like they place the customer first!
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