Tuesday, October 9, 2012

September snap shot for San Diego


It appears I was correct in my last entry. Septembers numbers are lower for properties sold.
I think the most important stat below is the "TOTAL SOLD LISTINGS Comparing September 2012 to August 2012". Septembers Closed properties is over 16% less than Augusts numbers. 
Even though we are entering the lull of the year as the holiday season ramps up. Interest rates are still dropping, and I suspect things will pick back up in October, and then again when we enter the new year. 


MEDIAN SALES PRICE Comparing September 2012 to August 2012 (previous month)

 Single-Family:  3.3% INCREASE
September 2012 = $405,000 August 2012 = $392,250

 Condos/Townhomes = UNCHANGED
September 2012 = $240,000 August 2012 = $240,000

MEDIAN SALES PRICE Comparing September 2012 to September 2011 (previous year)

 Single-Family:  12.5% INCREASE
September 2012 = $405,000 September 2011 = $360,000Page 2 of 2

 Condos/Townhomes:  14.3% INCREASE
September 2012 = $240,000 September 2011 = $210,000

TOTAL SOLD LISTINGS Comparing September 2012 to August 2012 (previous month)

 Single-Family: 16.1% DECREASE
September 2012 = 1,888 August 2012 = 2,250

 Condos/Townhomes: 18.5% DECREASE
September 2012 = 829 August 2012 = 1,017

TOTAL SOLD LISTINGS Comparing September 2012 to September 2011 (previous year)

 Single-family: 9.6% INCREASE
September 2012 = 1,888 September 2011 = 1,722

 Condos/Townhomes: 4.4% INCREASE
September 2012 = 829 September 2011 = 794


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