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Real Estate @ a Glance: October 2012 Edition

October 11, 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.

September :: SAN DIEGO ASSOCIATION OF REALTORS®

Attached Homes

  • Total Sales Volume: $251,823,454 =  19.96% lower than August and 16.83% higher than one year ago
  • Average Sales Price: $303,768 = 1.8% lower than August and 11.9% higher than one year ago
  • Average days on the Market: 88 Days = 3.5% higher than August and 3.297% lower than one year ago

Detached Homes

  • Total Sales Volume: $954,014,419 = 20.57% lower than August and 14.89% higher than one year ago
  • Average Sales Price: $505,304= 5.345% lower than August and 4.79% higher than one year ago
  • Average days on the Market: 76 Days = 1.33% higher than August and 6.17% 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.

August :: CALIFORNIA ASSOCIATION OF REALTORS®

  • Existing Home Sales 3.4% lower than July and 2.3% higher than one year ago
  • Median Home Price: $343,820 = 3.0% higher than July and 15.5% higher than one year ago
  • Median Days on the Market: 41.1 Days = 4.9% lower than July and 21.7%% lower than one year ago
  • Housing Affordability Index: 51% = 5.0% lower since July 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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