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Real Estate @ a Glance: September 2012 Edition

September 10, 2012

 

Here is the most recent information on the San Diego housing market. 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.

August :: SAN DIEGO ASSOCIATION OF REALTORS®

Attached Homes

  • Total Sales Volume: $314,601,166 = 24% higher than July and 23.24% higher than one year ago
  • Average Sales Price: $309,342 = 7.42% higher than July and 11.36% higher than one year ago
  • Average days on the Market: 85 Days = 3.41% lower than July and 7.61% lower than one year ago

 

Detached Homes

  • Total Sales Volume: $1,201,137,190 = 15.85% higher than July and 39.53% higher than one year ago
  • Average Sales Price: $533,839 = 6.17% higher than July and 9.58% higher than one year ago
  • Average days on the Market: 75 Days = 5.06% lower than July and 7.41% lower than one year ago

 

 

The following graphic charts San Diego County’s market data for Active, Contingent and Pending listings over the last year –  further evidence that housing inventory has decreased; increasing marketplace competition between home buyers, and increasing home prices, in many cases, for home sellers:

 

July :: CALIFORNIA ASSOCIATION OF REALTORS®

  • Existing Home Sales 2.0% higher than June and 15.3% higher than one year ago
  • Median Home Price: $333,860 = 4.2% higher than June and 12.7% higher than one year ago
  • Median Days on the Market: 43.2 Days = 0.5% lower than June and 16.8% lower than one year ago
  • Housing Affordability Index: 51% = 5.0% lower since June and the same as 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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