San Diego real estate statistics that sold and closed during November 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: November – $270,644,187 – YTD – $2,910,538,660
Average Sales Price: November – $321,430 – YTD – $287,177
Median Sales Price: November – $260,000 – YTD – $226,000
Sold Listings: November – 842 – YTD – 10,135
Average Days on Market: November – 81 – YTD – 93
Detached Single Family Homes
Total Sales Volume: November – $977,489,305 – YTD – $11,331,337,568
Average Sales Price: November – $539,156 – YTD – $501,453
Median Sales Price: November – $408,000 – YTD – $380,000
Sold Listings: November – 1,813 – YTD – 22,597
Average Days on Market: November – 70 – YTD – 82
Source: Multiple Listing Service of Sandicor, Inc.
This month we saw a modest increase in total sales volume in existing condos, townhomes and a decrease in detached homes compared to last month. November posted an 11.77% decrease in detached homes and posted a 0.17% increase in attached (condos, and townhomes) single family properties when compared to total sales in October 2012. When compared to those in November of 2011, detached homes posted again a double digit increase of 32.44% and also attached homes posted a 41.83% increase in sales volume.
Year-to-Date Median sale prices ended up also higher from those of November of 2011 for detached homes at $380,000 a 4.1% increase and again higher for condos and townhomes at $226,000 a 9.44% increase.
As a reminder, the above numbers represent condos and detached homes that closed escrow during the month of November 2012 and have actually been taken of the market during September or October 2012.
