San Diego real estate that sold and closed during December 2011 for resale condos, townhomes and detached homes as reported through Sandicor and the San Diego Association of Realtors were as follow:
Attached Single Family Homes (Condos – Townhomes)
Total Sales Volume: December – $224,856,854 – YTD – $2,802,705,976
Average Sales Price: December – $262,071 – YTD – $263,933
Median Sales Price: December – $205,000 – YTD – $206,000
Sold Listings: December – 858 – YTD – 10,619
Average Days on Market: December – 106 – YTD – 97
Detached Single Family Homes
Total Sales Volume: December – $854,426,041 – YTD – $10,248,711,728
Average Sales Price: December – $468,950 – YTD – $483,909
Median Sales Price: December – $355,000 – YTD – $365,000
Sold Listings: December – 1,822 – YTD – 21,179
Average Days on Market: December – 96 – YTD – 86
Source: Multiple Listing Service of Sandicor, Inc.
During December of 2011 we saw an upside in total sales of existing condos, townhomes and detached homes posted a 15.77% increase in detached homes and posted a 17.84% increase in attached (condos, and townhomes) single family properties when compared to total sales of November 2011.
When comparing those figures with those of December of last year, we see a 0.55% increase in detached homes and an 1.56% decrease in condos and townhome closings. Median sale prices ended up lower from those of December of last year; detached homes at $365,000 and condos and townhomes at $206,000.
As a reminder, the above numbers represent condos and detached homes that closed escrow during the month of December 2011 and have actually been taken of the market during October or November 2011.
