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Real estate prices all over the country has been appreciating last couple of years and San Diego is no exception. Those who are looking for single family home, today is perfect time to purchase a San Diego condominiums.

According to Zillow.com, a national real estate portal, values of real estate have fallen over 17.9 percent in San Diego County since last year. Sales prices of San Diego condominiums have also plummeted 28.3 percent since last year and over 52.5 percent of homes have sold for less than the purchase price.

The median selling price of homes in greater San Diego area has been $423,000, while the median selling price for San Diego condominiums is $287,000. Bucking the trend in homes in La Jolla, the highest pricing market in US has been down 12 percent. This has created an opportunities for those who are interested in investing in real estate market or for those who are looking for a home to purchase.

With recent credit crisis in the US, with financial markets in shambles, getting financing to purchase a home has been a difficult task, but for those with enough money for down payment and good credit, this shouldn't create any problems. The opportunities in downtown San Diego condominiums market is endless.

Less upkeep and convenience factor makes the condominiums better place to live than a single family homes. You do not have to mow the lawn or make repairs or remodel the property. It is also perfect for single family with or without children. But the cost of association fee and repair fees can be significant you can enjoy a worry free living.

San Diego is great place to live, work, and raise a family. It has good warm weather for much of the year. If the prices have kept you from owning a home, right now there is great opportunities for you to check our a home options in San Diego California.