Record Home Sale at Bahia Vista II… Time to Sell?


SAN DIEGO, CA – A purchase escrow has just closed for a record price of Bahia Vista II’s condominium townhome 808-1 ( ). The property was sold for $660,000, which is the highest sale for both communities: Bahia Vista and Bahia Vista II. The townhome was masterfully prepared for sale and expertly marketed by the Blu Summit Real Estate Group using their proprietary Blu Summit Sales and Marketing Platform.  As a result, the property had attracted robust buyer interest and multiple offers, including all-cash.

Although this condominium was sold for a record price and California residential real estate market is still quite robust, according to Robert Dudek, President and Broker Associate of The Blu Summit Real Estate Group at Keller Williams Realty, there are emerging signs of market shift and he anticipates residential real estate market correction, perhaps a big one.

When asked why he thinks the  market would correct, Dudek said: “The residential real estate market is overdue for correction. The interest rates have doubled in the past 12 months, the inflation is at 42-year high, and the U.S. economy just had two consecutive quarters of a negative GDP growth, which is a textbook definition of recession. These factors have negatively affected home buyers’ purchasing power and even more importantly, their confidence.”

Dudek added: “The inventory of unsold properties is slowly growing and we see more and more ‘price improvements,’ which is a nice real estate industry euphemism for price reductions, something unheard of in the past few years.” According to Dudek, property owners who are considering selling their real estate within 12 months, are well-advised to evaluate their properties’ market values, physical conditions, and marketability. He recommends doing it before the real estate prices take a dive, which in his opinion is inevitable.

Dudek authored a FREE eBook* entitled: “10 Secrets of How to Sell Your Home for Top Dollar in Today’s Market.” It is a quick and easy read reviewing proven principals and techniques, which help to prepare real properties for sale and maximize profits when selling them. Property owners can order this eBook online and at no cost or obligation, by clicking on this link. For owners who would like to know their property values and marketability, Dudek, an industry veteran with over 30 years of real estate experience, and his Team offer FREE Property Value Analysis Reports and FREE Real Estate Consultations, both at absolutely no cost or obligation*. To inquire call Robert Dudek at 619-280-1400 or click on this link.


*Free offers are available only to Principals, no Brokers please. The Blu Summit Real Estate Group / KW, Robert W. Dudek, MSEL, CA Real Estate Broker Lic. 01037546, HI Real Estate Broker Lic. RB-21367, Mortgage Broker NMLS Id 313005, Accredited Member of the Better Business Bureau. 1-888-994-4BLU, .