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Real Estate @ a Glance: March 2013 Edition

March 12, 2013

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.

February :: SAN DIEGO ASSOCIATION OF REALTORS®

Attached Homes

  • Total Sales Volume:  $238,742,755 = 15.841% higher than January and 28.362% higher than one year ago
  • Average Sales Price: $313,311 = 2.311% higher than January and 26.172% higher than one year ago
  • Average days on the Market: 74 Days = 6.329% lower than January and 26.733% lower than one year ago

Sold

Detached Homes

  • Total Sales Volume: $787,093,892 = 0.492% higher than January and 14.972% higher than one year ago
  • Average Sales Price: $521,946 = 3.891% higher than January and 14.667% higher than one year ago
  • Average days on the Market: 70 Days = 4.109% lower than January and 22.222% lower than one year ago

Median

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 for home sellers.

Act Con Pend

January :: CALIFORNIA ASSOCIATION OF REALTORS®

  • Existing Home Sales 6.0% lower than December and 3.9% lower than one year ago
  • Median Home Price: $337,040 = 8.1% lower than December and 24.1% higher than one year ago
  • Median Days on the Market: 36.6 Days = 3.9% lower than December and 38.6% lower than one year ago
  • California Housing Affordability Index: 48% = 1% lower than December and 7% lower 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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