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Real Estate @ A Glance: July 2016 Edition

July 14, 2016

 

 

 

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 619-888-2117.

Reportable Period :: JUNE 2016:: SAN DIEGO ASSOCIATION OF REALTORS®

Median Sales Price: $500,000
Days on the Market Until Sale: 29
Housing Affordability Index: 2016-Q1: 28%
Months Supply: 2.3

Reportable Period:: JUNE 2016 :: SAN DIEGO ASSOCIATION OF REALTORS®

Halfway through 2016, residential real estate markets are performing as predicted at the beginning of the year. Sales and prices have been going up in most areas, while the number of homes for sale and total months’ supply of inventory have been going down. Meanwhile, many sellers have been getting a higher percentage of their asking price, and supply continues to struggle to meet demand. The message may be repetitive, but it is largely positive.

Total Market

 

To view larger image, click here.

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