Thursday, March 30, 2017

San Diego, CA 92115 3/30/2017 Market Conditions Report

Over the course of the past 12 months, and in San Diego, CA 92115, the total number of sales decreased 25%, the total number of active listings decreased 62%, the months of housing supply decreased 49% to 1.2 months, the median sale price increased 7.2%, the typical market exposure time remained stable and changed 0.0% to 16 days, the median list price remained stable and changed 0.2%, the typical listings days on market decreased 51.7% to 14 days , and the median sale price as a percentage of list price remained stable and changed 0.3%. I anticipate that fewer than 90 days of marketing time will be required to sell the subject property if listed for sale at market value over the next 3 months.
San Diego, CA 92115 3/30/2017 Market Conditions Report
Stable Range Selected High Limit 2% Low Limit -2%
Inventory AnalysisPrior 7-12 Mo.Prior 4-6 Mo.Current-3 Mo.Overall Trend
Total # of Sales (Settled)2249784Decreasing
Absorption Rate (Total Sales/Mo.)37.3332.3328Decreasing
Total # of Active Listings894334Decreasing
Mo. of Housing Supply (Total Listings/Ab.Rate)2.381.331.21Decreasing
Median Sale & ListPrice, DOM, Sale/List% Prior 7-12 Mo.Prior 4-6 Mo.Current-3 Mo.Overall Trend
Median Sale Price$490,250$520,500$525,500Increasing
Median Sales Days on Market162616Stable
Median List Price$529,000$539,000$529,924Stable
Median Listings Days on Market294214Decreasing
Median Sale Price as % of List Price98.60%97.95%98.91%Stable
Brian Ward
San Diego, CA 92115 Real Estate Appraiser
www.brianward.com
(619) 630-9273
Properties Appraised
Houses
Condominiums
Vacant Land
Common Appraisal Purposes
Estates
Trusts
Date of Death
Divorce
Bankruptcy
Before Buying
Before Selling
Family Transactions
Taxes
PMI Removal
Bonds
Gifting
and More
This San Diego, CA 92115 Market Conditions Report was produced using the local multiple listing service at Sandicor.com

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