San Diego real estate that sold and closed during September 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: September – $215,544,846 – YTD – $2,148,643,499
Average Sales Price: September – $271,467 – YTD – $265,790
Median Sales Price: September – $210,000 – YTD – $208,000
Sold Listings: September – 794 – YTD – 8,084
Average Days on Market: September – 91 – YTD – 95
Detached Single Family Homes
Total Sales Volume: September – $830,348,827 – YTD – $7,770,855,711
Average Sales Price: September – $482,200 – YTD – $490,275
Median Sales Price: September – $360,000 – YTD – $370,000
Sold Listings: September – 1,722 – YTD – 15,850
Average Days on Market: September – 81 – YTD – 83
Source: Multiple Listing Service of Sandicor, Inc.
During September of 2011 we saw a decrease in total sales of existing condos, townhomes and detached homes posting a 3.54% decrease in detached homes and posted a 15.57% decrease in attached (condos, and townhomes) single family properties when compared to total sales of August 2011.
When comparing those figures with those of September of last year, we see a 2.33% increase in detached homes and a 0.63% decrease in condos and townhome closings. Median sale prices are still a bit lower from those of September of last year; detached homes at $370,000 and condos and townhomes at $208,000.
As a reminder, the above numbers represent condos and detached homes that closed escrow during the month of September 2011 and have actually been taken of the market during July or August 2011.