San Diego real estate statistics that sold and closed during February 2013 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: February – $238,742,755 – YTD – $455,962,059
Average Sales Price: February – $313,311 – YTD – $308,082
Median Sales Price: February – $250,000 – YTD – $248,250
Sold Listings: February – 762 – YTD – 1,480
Average Days on Market: February – 74 – YTD – 76
Detached Single Family Homes
Total Sales Volume: February – $787,093,892 – YTD – $1,629,420,614
Average Sales Price: February – $521,946 – YTD – $511,111
Median Sales Price: February – $410,000 – YTD – $400,000
Sold Listings: February – 1,508 – YTD – 3,188
Average Days on Market: February – 70 – YTD – 72
Source: Multiple Listing Service of Sandicor, Inc.
During February, historically another one of the slow months, we saw an increase in the total sales volume in both existing condos, townhomes and detached homes when compared to last month. February posted a 0.49% increase in detached homes and posted a 15.84% increase in attached (condos, and townhomes) single family properties when compared to total sales volume in January 2013. When compared to those in February of 2012, detached homes posted again a double digit increase of 14.97% and also attached homes posted a 28.36% increase in total sales volume.
Year-to-Date Median sale prices ended up higher from those of February of 2012 for detached homes reaching the $400,000 mark a 14.28% increase and again higher for condos and townhomes at $248,250 a 24.12% increase.
As a reminder, the above numbers represent condos and detached homes that closed escrow during the month of February 2013 and most have actually been taken of the market during December 2012 or January 2013.
