San Diego real estate statistics that sold and closed during April 2012 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: April – $256,547,254 – YTD – $887,024,765
Average Sales Price: April – $276,750 – YTD – $265,974
Median Sales Price: April – $210,000 – YTD – $209,400
Sold Listings: April – 927 – YTD – 3,335
Average Days on Market: April – 91 – YTD – 100
Detached Single Family Homes
Total Sales Volume: April – $984,638,184 – YTD – $3,324,026,414
Average Sales Price: April – $485,761 – YTD – $469,230
Median Sales Price: April – $365,000 – YTD – $359,950
Sold Listings: April – 2,027 – YTD – 7,084
Average Days on Market: April – 84 – YTD – 90
Source: Multiple Listing Service of Sandicor, Inc.
During April of 2012 we saw another increase in total sales of existing condos, townhomes and detached homes. April posted an 8.26% increase in detached homes and posted a 3.62% increase in attached (condos, and townhomes) single family properties when compared to total sales of March 2012.
When comparing those figures with those of April of last year, we see a 10.43% increase in detached homes and an 0.73% decrease in condo and townhome closings. Year-to-Date Median sale prices ended up a bit lower from those of April of last year for detached homes at $359,950 and again a bit higher for condos and townhomes at $209,400.
As a reminder, the above numbers represent condos and detached homes that closed escrow during the month of April 2012 and have actually been taken of the market during February or March 2012.
