In short, Sales have decreased over 5% in July compared to June. However, July 2012 sales were over 16% higher than July 2011 for Single-family homes.
The average home price has increased over 4% from June to July, for condos and Townhoumes.
Where as we also saw over 1% increase in median sales price of Single-family homes in that same time.
The reason sales have dropped is mostly relative to the lack of inventory in San Diego.
San Diego Association Of Realtors, end of July market statistics for San Diego
Asking Prices and Inventory for Homes in San Diego
California
As of August 20 2012 there were about 10,337 single family and condo homes listed for sale in San Diego California. The median asking price of these homes was approximately $389,000. Since this time last year, the inventory of homes for sale has decreased by 33.1% and the median price has increased by 2.6%.
San Diego Asking Price and Inventory History
Date | Single Family & Condo Inventory | 25th Percentile Asking Price | Median Asking Price | 75th Percentile Asking Price |
---|---|---|---|---|
August 2012 | 10,379 | $249,900 | $389,167 | $711,667 |
July 2012 | 10,673 | $247,680 | $385,395 | $701,400 |
June 2012 | 10,978 | $244,500 | $378,250 | $692,498 |
May 2012 | 11,251 | $239,944 | $370,875 | $674,250 |
April 2012 | 11,586 | $237,180 | $359,580 | $647,699 |
March 2012 | 11,949 | $233,725 | $336,250 | $617,250 |
February 2012 | 12,071 | $230,450 | $349,950 | $601,750 |
January 2012 | 12,149 | $231,257 | $350,000 | $598,180 |
December 2011 | 12,892 | $234,750 | $355,750 | $613,450 |
November 2011 | 13,772 | $239,225 | $360,858 | $621,975 |
October 2011 | 14,563 | $239,940 | $366,798 | $627,760 |
September 2011 | 14,975 | $244,000 | $375,975 | $644,473 |
August 2011 | 15,524 | $249,358 | $379,590 | $649,683 |
Information provided by : http://www.deptofnumbers.com/asking-prices/california/san-diego/
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