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Real Estate Market @ a Glance – February Edition

February 14, 2012

Here is the most recent information on the California and San Diego housing markets.  For specific information on your neighborhood or a market analysis on your home, please send me an email or call me at 619-325-4192.

December :: CALIFORNIA ASSOCIATION OF REALTORS®

•  Existing Home Sales 3.3% higher than November and 0.1% higher than one year ago
•  Median Home Price 1.8% higher than November and 6.2% lower than one year ago
•  Median Days on the Market = 58.7 Days: 3.7% higher than November and 1.2% higher than one year ago
•  Housing Affordability Index = 52%:  Up 1% since November and 6.0% higher than one year ago

January :: SAN DIEGO ASSOCIATION OF REALTORS®

Attached Homes

  •  Total Sales Volume 27.56% lower than December and 2.57% lower than one year ago
  • Median Sales Price 2.43% higher than December and  5.00% higher than one year ago
  • Average days on the Market = 108 Days:  1.88% higher than December and 8% higher than one year ago

Detached Homes

  •     Total Sales Volume 26.9% lower than December and 12.57% higher than one year ago
  •     Median Sales Price 1.69% lower than December and 5.35% lower than one year ago
  •     Average days on the Market = 95 Days: 1.042% lower than December and 5.555%  higher than one year ago

For up-to-date information on the market, please contact me.

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