HousingWire is teaming with BuildZoom to identify the suburbs in major metros with the best home-value appreciation.
Using the latest data from Zillow (Z), BuildZoom Chief Economist Issi Romem sorted through the cities in the San Diego metro area and identified those with the greatest price appreciation.
To provide a picture of the home-price gains in every price point, Romem broke out the cities into seven median home value categories, and for each one he reported the suburb with the greatest year-over-year home value gains.
The data represent gains from October 2013 to October 2014, the latest month for which data are available. Median home values listed are from October 2014.
Median home value: $226,800
YOY gain: 27.7%
Easily the biggest gain in the San Diego area was also in the most affordable bucket, which is also one of the least populous, with just around 2,700 residents as of the 2010 census.
2. Pauma Valley
Median home value: $412,000
YOY gain: 9.81%
Citrus and avocado groves meander throughout this unincorporated portion of San Diego County, which is also home to casinos and country clubs.
Median home value: $433,000
YOY gain: 10.74%
Birthplace of James Cagney and Ross Martin and a bunch of other older celebrities and sports figures that could date you if you mention them, Ramona is also America's 162nd American Viticultural Area, recognized for its distinctive microclimate, elevation, and soil.
4. San Marcos
Median home value: $464,300
YOY gain: 6.91%
One of the gems of San Diego County, San Marcos has open spaces, biking trails and one of the most popular destinations in the county, Double Peak Park. On a good day, standing atop the peak, you can take in the San Bernardino Mountains in Los Angeles and the skyscrapers of downtown San Diego in one breathtaking view.
Median home value: $562,700
YOY gain: 17.25%
Originally known as Mount Fairview, and then renamed Osgood in an attempt to attract the California Southern Railroad in 1881 (it failed), the area was finally named Bosnall in the late 1800s. Identity crisis behind it, this year it saw incredible price appreciation.
Median home value: $609,900
YOY gain: 17.76%
Recent controversies over trying to bring an Indian reservation casino to this part of San Diego County haven’t affected home price appreciation for this little slice of Southern California, the second priciest bucket with the highest gain year-over-year.
7. Del Mar
Median home value: $2,082,800
YOY gain: 7.25%
In 1885, Col. Jacob Taylor bought some 338 acres with the idea of building a seaside resort for the rich and famous. He may have missed on the resort portion of it, but it is a seaside locale for the rich and famous – this being the priciest bucket in San Diego County which saw the most gains. Today it’s a gorgeous locale, home to Hollywood, sports and musical rainmakers who always get to see the sunset on the Pacific.