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Real Estate @ a Glance: May 2012 Edition

May 17, 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.

April :: CALIFORNIA ASSOCIATION OF REALTORS®

• Existing Home Sales 10% higher than March and 11% higher than one year ago
• Median Home Price 5.7% higher than March and 4.7% higher than one year ago
• Median Days on the Market = 49.3 Days:  7.2% lower than March and 7.3% lower than one year ago
• Housing Affordability Index = 56% ~ Up 1% since March and 3.0% higher than one year ago

April :: SAN DIEGO ASSOCIATION OF REALTORS®

Attached Homes

  • Total Sales Volume:  $256,547,254 = 3.615% higher than March and 0.73% lower than one year ago
  • Average Sales Price:  $276,750 =  down 1.862% since March and the 1.733% higher than one year ago
  • Average days on the Market:  91 Days = 5.208% lower than March and 7.143% lower than one year ago

Detached Homes

  • Total Sales Volume:  $984,638,184 = 8.26% higher than March and 10.429% higher than one year ago
  • Average Sales Price:   $485,761 = 1.05% higher than March and 2.864% lower than one year ago
  • Average days on the Market:  84 Days = 3.448% lower than March and 1.205% higher than one year ago

 

San Diego County market statistics provided by CAR and SDAR.

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

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