Tuesday, August 21, 2012

San Diego Market Statistics

Below is a San Diego sales and price release from SDAR.
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

DateSingle Family & Condo
Inventory
25th Percentile
Asking Price
Median
Asking Price
75th Percentile
Asking Price
August 201210,379$249,900$389,167$711,667
July 201210,673$247,680$385,395$701,400
June 201210,978$244,500$378,250$692,498
May 201211,251$239,944$370,875$674,250
April 201211,586$237,180$359,580$647,699
March 201211,949$233,725$336,250$617,250
February 201212,071$230,450$349,950$601,750
January 201212,149$231,257$350,000$598,180
December 201112,892$234,750$355,750$613,450
November 201113,772$239,225$360,858$621,975
October 201114,563$239,940$366,798$627,760
September 201114,975$244,000$375,975$644,473
August 201115,524$249,358$379,590$649,683

Information provided by : http://www.deptofnumbers.com/asking-prices/california/san-diego/