MARKET CONDITIONS IN SAN DIEGO, 92130 AS OF 03/08/2012 (SANDICOR MLS) | |||
Key Statistics | |||
Annual Home Value Change | -5.13% / Declining Property Values | ||
Current Home Inventory | 3.8 Mo. / Balanced Demand/Supply | ||
30 Day Median Marketing Time | 72 days / 2.4 Mo. | ||
Annual Comparisons | 0-6 Mo. Ago | 12-18 Mo. Ago | Change |
Median $/Sqft | $315.54 | $332.95 | -5.2% |
Median Sale Price | $850,000 | $895,000 | -5.0% |
Median List $/Sqft | $325.86 | $343.32 | -5.1% |
Median List Price | $889,000 | $899,000 | -1.1% |
Med. Market Time Sold Props. (days) | 54 | 35 | 54.3% |
Total Number of Sales | 186 | 195 | -4.6% |
Total Number of Listed Properties | 1595 | 1743 | -8.5% |
Months of Inventory (6 Month Period) | 8.6 | 8.9 | -4.1% |
Bank/Short Sales (likely) | 39 | 35 | 11.4% |
Bank/Short Sale Ratio (likely) | 21.0% | 17.9% | 16.8% |
Other trends | |||
Recent 1 Month Period (0-1 Months) | |||
Total # Active Listings Over Past 30 Days | 1218 | ||
Total # of Sales Past 30 Days | 37 | ||
Total # of Active Props. (Act, Pend, Cont) | 139 | ||
New Listings Past 30 Days | 60 | ||
Recent 6 Month Period (0-6 Months) | |||
New Listings Past 6 Months | 334 | ||
# Props. Listed Past 6 Months That Sold | 83 | ||
% of Props. Listed Past 6 Mo. That Have Sold | 25% | ||
Bank/Short Sales Compared With Traditional Sales | |||
Median $/Sqft of Bank/Short Sales | $284.30 | ||
Median $/Sqft of Traditional Sales | $327.06 | ||
% Less Bank/Short Sales Sell For | 13.1% | ||
% More Traditional Sales Sell For | 15.0% |
Real estate housing statistics and news in Southern California.