Del Cerro Homes For Sale – 92120
Del Cerro is an affluent residential neighborhood of around 5,638 people in Eastern San Diego. It is bordered by Allied Gardens in the west, San Carlos in the north, the sprawling San Diego State University Campus in the south and picturesque Lake Murray in the east. Del Cerro gets its name from the Spanish phrase “of the hill” due to it being built up on a hilly area alongside Navajo Canyon.
Del Cerro got its start when the first suburban developments began in the 1950s, 60s and 70s – this is evident by the many sprawling ranch-style homes from the 60s and 70s prevalent in the area.
Del Cerro’s main commercial hub runs along Del Cerro Boulevard, which is home to most of the community’s retail outlets and businesses. Local events include an annual Block Party which features live music, food trucks and activities and games for children. Other popular annual events are the 4th of July party held at the private Del Cerro Park and Pool and the Del Cerro Community Fall Festival held in September.
House Prices in Del Cerro
As of July 2016 median listing price for a home in Del Cerro was the $795,000, which is significantly higher than the San Diego average of $629,000. Property values in Del Cerro are also considerably higher than those of its immediate neighbors: San Carlos, Talmadge, Allied Gardens and College Area.