How Marathons And Mud Runs Affect Your San Diego Home Value

How Marathons And Mud Runs Affect Your San Diego Home Value

San Diego is fast becoming known as an ideal location for endurance based sporting events which in turn supports our local economy and home values. A new study released last week showed that in 2013, 134,000 people participated in events like marathons, triathlons and mud runs throughout San Diego which in turn created about $64 million in economic output and directly or indirectly supported 583 jobs.

Known for our moderate climate during both the summer and winter seasons as well as our reputation for embracing an outdoor, active lifestyle, La Jolla is attracting both seasoned athletes as well as racing amateurs traveling to San Diego either by car or by plane.

Both the "drive market" and the "fly market" contribute to the San Diego economy. Visitors come for events like the Carlsbad Half Marathon in January, the La Jolla Half Marathon in April, downtown San Diego Suja Rock 'n' Roll Marathon in May, Point Loma's "America's Finest City Half Marathon and 5K in August and the Del Mar Mud Run in October. While in town these athletes contribute to the San Diego economy through hotel stays, restaurant visits  and trips to local tourist attractions.

This in turn supports jobs and leads to more local residents being in a position to buy vs. rent homes. Additionally, visitors to San Diego experience first hand the beauty and quality of life that San Diego offers and in turn consider buying second homes here or relocating to San Diego completely.

Amid fears of the decreasing affordability of the San Diego housing market or the threat of The Fed taper resulting in increased mortgage rates, studies like these show that San Diego real estate and San Diego home values are supported by the fact San Diego is quite simply one of the most desirable places to live in the U.S.

Thinking about visiting San Diego and curious to what your mortgage will buy here? Check out our website with the most up to date listings of San Diego homes for sale.




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Phone: 858-342-9953
Dated: August 18th 2014
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