San Diego real estate that sold and closed during November 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: November – $190,816,999 – YTD – $2,564,485,855
Average Sales Price: November – $255,444 – YTD – $264,489
Median Sales Price: November – $205,000 – YTD – $207,000
Sold Listings: November – 747 – YTD – 9,696
Average Days on Market: November – 101 – YTD – 96
Detached Single Family Homes
Total Sales Volume: November – $738,050,193 – YTD – $9,335,874,737
Average Sales Price: November – $473,109 – YTD – $485,914
Median Sales Price: November – $350,000 – YTD – $365,000
Sold Listings: November – 1,560 – YTD – 19,213
Average Days on Market: November – 90 – YTD – 85
Source: Multiple Listing Service of Sandicor, Inc.
During November of 2011 we saw that total sales of existing condos, townhomes and detached homes posted an 1.80% increase in detached homes and posted a 3.76% decrease in attached (condos, and townhomes) single family properties when compared to total sales of October 2011.
When comparing those figures with those of November of last year, we see a 7.19% increase in detached homes and a 8.69% decrease in condos and townhome closings. Median sale prices are still lower from those of November of last year; detached homes at $365,000 and condos and townhomes at $207,000.
As a reminder, the above numbers represent condos and detached homes that closed escrow during the month of November 2011 and have actually been taken of the market during September or October 2011.