San Diego Home Sales for November 2009
San Diego real estate sales that closed during November 2009 for resale condos, lofts and townhomes and detached single family homes as reported through the Sandicor and the San Diego Association of Realtors were as follow:
Attached Single Family Homes (Condos – Townhomes)
Total Sales Volume: November – $229,399,173 – YTD – $2,767,952,262
Average Sales Price: November – $260,385 – YTD – $257,101
Median Sales Price: November – $222,000 – YTD – $205,000
Sold Listings: November – 881 – YTD – 10,766
Average Days on Market: November – 71 – YTD – 75
Detached Single Family Homes
Total Sales Volume: November – $774,323,971 – YTD – $9,120,330,349
Average Sales Price: November – $492,886 – YTD – $450,587
Median Sales Price: November – $375,000 – YTD – $352,000
Sold Listings: November – 1,571 – YTD – 20,241
Average Days on Market: November – 67 – YTD – 71
Source: Multiple Listing Service of Sandicor, Inc.
During November median prices for attached homes increased by 5.71% while median prices for detached homes deceased by 1.31% compared to those of the previous month. The total number of homes sold during November increased in double digits in both attached (16.69%) and detached (12.54%) single family homes compared to the number of homes that sold during November 2008.
The above numbers represent condos and detached homes that closed escrow during the month of November and have actually been taken of the market during September or October.
San Diego Home Sales for October 2009
Home listings in San Diego that closed during October 2009 for resale condos, lofts and townhomes and detached single family homes as reported through the Sandicor and the San Diego Association of Realtors were as follow:
Attached Single Family Homes (Condos – Townhomes)
Total Sales Volume: October – $289,902,935 – YTD – $2,515,345,287
Average Sales Price: October – $281,733 – YTD – $256,930
Median Sales Price: October – $210,000 – YTD – $200,000
Sold Listings: October – 1,029 – YTD – 9,790
Average Days on Market: October – 77 – YTD – 76
Detached Single Family Homes
Total Sales Volume: October – $901,947,187 – YTD – $8,271,770,062
Average Sales Price: October – $480,526 – YTD – $446,688
Median Sales Price: October – $380,000 – YTD – $350,000
Sold Listings: October – 1,877 – YTD – 18,518
Average Days on Market: October – 64 – YTD – 72
Source: Multiple Listing Service of Sandicor, Inc.
During October median prices for attached homes increased by 4.71% while median prices for detached homes continued to increase this month by 4.10% compared to those of the previous month. The total number of homes sold during October increased in both attached (4.57%) and detached (1.10%) single family homes compared to the number of homes that sold during October 2008.
The above numbers represent condos and detached homes that closed escrow during the month of October and have actually been taken of the market during August or September.
San Diego Home Sales for September 2009
San Diego real estate sales that closed during September 2009 for resale attached condos, lofts and townhomes and detached single family homes as reported through the Sandicor and the San Diego Association of Realtors were as follow:
Attached Single Family Homes (Condos – Townhomes)
Total Sales Volume: September – $256,682,808 – YTD – $2,191,058,108
Average Sales Price: September – $266,268 – YTD – $253,565
Median Sales Price: September – $204,950 – YTD – $200,000
Sold Listings: September – 964 – YTD – 8,641
Average Days on Market: September – 70 – YTD – 75
Detached Single Family Homes
Total Sales Volume: September – $855,135,844 – YTD – $7,287,104,690
Average Sales Price: September – $487,813 – YTD – $443,039
Median Sales Price: September – $384,500 – YTD – $350,000
Sold Listings: September – 1,753 – YTD – 16,448
Average Days on Market: September – 66 – YTD – 72
Source: Multiple Listing Service of Sandicor, Inc.
During September median prices for attached homes decreased by 10.85% while median prices for detached homes increased again by 2.53% compared to those of the previous month. The total number of homes sold during September increased in both attached (4.0%) and detached (1.68%) single family homes compared to the number of homes that sold during September 2008.
The above numbers represent condos and detached homes that closed escrow during the month of September and have actually been taken of the market during July or August.
San Diego Home Sales for August 2009
San Diego home sales that closed during August 2009 for resale attached condos, studios, lofts and townhomes and detached single family homes as reported through the Sandicor and the San Diego Association of Realtors were as follow:
Attached Single Family Homes (Condos – Townhomes)
Total Sales Volume: August – $254,967,554 – YTD – $1,907,369,360
Average Sales Price: August – $272,693 – YTD – $252,097
Median Sales Price: August – $226,575 – YTD – $200,000
Sold Listings: August – 935 – YTD – 7,566
Average Days on Market: August – 67 – YTD – 76
Detached Single Family Homes
Total Sales Volume: August – $809,609,684 – YTD – $6,361,636,908
Average Sales Price: August – $479,911 – YTD – $438,885
Median Sales Price: August – $375,000 – YTD – $345,000
Sold Listings: August – 1,687 – YTD – 14,495
Average Days on Market: August – 69 – YTD – 73
Source: Multiple Listing Service of Sandicor, Inc.
During August median prices for attached homes increased by 7.79% while median prices for detached homes increased again by 1.07% compared to those of the previous month. After several months of double digit increases, the total number of homes sold during August decreased in both attached (7.66%) and detached (1.10%) single family homes compared to the number of homes that sold during August 2008.
As a reminder, the above numbers represent condos and detached homes that closed escrow during the month of August and have actually been taken of the market during June or July.
San Diego Home Sales for July 2009
San Diego real estate sales that closed during July 2009 for resale attached condos, studios, lofts and townhomes and detached single family homes as reported through the Sandicor and the San Diego Association of Realtors were as follow:
Attached Single Family Homes (Condos – Townhomes)
Total Sales Volume: July – $268,380,240 – YTD – $1,623,512,455
Average Sales Price: July – $259,555 – YTD – $249,349
Median Sales Price: July – $210,188 – YTD – $195,000
Sold Listings: July – 1,034 – YTD – 6,511
Average Days on Market: July – 72 – YTD – 77
Detached Single Family Homes
Total Sales Volume: July – $913,388,080 – YTD – $5,457,086,062
Average Sales Price: July – $475,228 – YTD – $434,239
Median Sales Price: July – $371,000 – YTD – $340,000
Sold Listings: July – 1,922 – YTD – 12,567
Average Days on Market: July – 69 – YTD – 73
Source: Multiple Listing Service of Sandicor, Inc.
During July median prices for attached homes decreased by 2.23% while median prices for detached homes increased again by 3.05% compared to those of the previous month. The total number of homes sold during July increased again in double digits for attached (21.50%) and single digits for detached (8.34%) single family homes compared to the number of homes that sold during July 2008.
As the current San Diego real estate market status suggests that home sales in number of units are going to be at the highest level since 2005, home prices also seem to be stabilizing since the foreclosure homes that come on the market are sold as they are entered in the MLS, most with multiple offers abobe list prices!
As a reminder, the above numbers represent condos and detached homes that closed escrow during the month of July and have actually been taken of the market during May or June.
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