In the last six months there has been 161 single family home sales in Point Loma and Ocean Beach. These are homes that actually closed escrow since April 1, 2011.
In Point Loma 92106 there were 85 sales ranging from $265,000 to $3,175,000 with an average sales price of $848,000. The average price per sq. foot was $394.49 with an average DOM days on the market of 82.
In Ocean Beach 92107 there were 76 sales ranging from $351,000 to $2,861,00 with an average sales price of $846,000. The average price per sq. foot was $455.23 with an average DOM of 57.
The average sales price is comparable for both communities, but the price per sq. foot is higher in Ocean Beach, which basically means you get more home for your money in Point Loma at this time. Over a longer period of time these number usually average out more, and end up being very close to each other. After all, these communities are like family!
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