San Diego real estate statistics that sold and closed during June 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: June – $369,068,201 – YTD – $1,932,202,602
Average Sales Price: June – $367,964 – YTD – $341,439
Median Sales Price: June – $301,000 – YTD – $282,000
Sold Listings: June – 1,003 – YTD – 5,659
Average Days on Market: June – 48 – YTD – 64
Detached Single Family Homes
Total Sales Volume: June – $1,349,903,804 – YTD – $7,088,110,179
Average Sales Price: June – $629,326 – YTD – $567,776
Median Sales Price: June – $481,000 – YTD – $439,254
Sold Listings: June – 2,145 – YTD – 12,484
Average Days on Market: June – 48 – YTD – 59
Source: Multiple Listing Service of Sandicor, Inc.
As available inventory continues to decrease, during May we saw modest decreases in the total sales volume in both existing condos, townhomes and in detached homes when compared to last month. June posted a 7.72% decrease in detached homes and posted a 1.32% decrease in attached (condos, and townhomes) single family properties when compared to total sales volume in May 2013. When compared to those in June of 2012 however, detached homes posted again a double digit increase of 16.89% and also attached homes posted a 39.65% increase in total sales volume.
Year-to-Date Median sale prices continue to rise and ended up higher from those in June of 2012 for detached homes at $439,254 a 19.82% increase and again higher for condos and townhomes at $282,000 a 31.16% increase.
As a reminder, the above numbers represent condos and detached homes that closed escrow during the month of June 2013 and most have actually been taken of the market during April or May.
