Tuesday, June 28, 2022

La Mesa, CA Housing Trends as of 06/22/2022




Brian Ward
La Mesa, CA Certified Residential Real Estate Appraiser
https://www.brianward.com/La-Mesa/Appraiser/La-Mesa.html
Contact: https://forms.gle/6R2NSosPMkniLG5VA
SALES INFORMATION:
# of Sales 0-3 Months: 142
# of Sales 3-6 Months Ago: 137
Change: 3.6%
# of Sales 0-6 Months: 279
# of Sales 12-18 Months Ago: 176
Change: 58.5%
Linear $/Sf Change, 12 Months: 22.59%
Linear Sales $ Change, 12 Months: 24.51%
Linear $/Sf Change, 6 Months: 9.21%
Linear Sales $ Change, 6 Months: 13.35%
Median Sale Price 0-3 Months: $936,000
Median Sale Price 3-6 Months Ago: $882,000
Change: 6.1%
Median Sale Price 0-6 Months: $905,000
Median Sale Price 12-18 Months Ago: $810,000
Change: 11.7%
Median $/Sf 0-3 Months: $569.66
Median $/Sf 3-6 Months Ago: $566.04
Change: 0.6%
Median $/Sf 0-6 Months: $566.80
Median $/Sf 12-18 Months Ago: $485.85
Change: 16.7%
Sales Price to List Price Ratio 0-3 Months: 103.0%
Sales Price to List Price Ratio 3-6 Mo. Ago: 103.0%
Change: 0.0%
LISTING INFORMATION:
Months of Inventory Based on 30 Day's Sales: 1.7
Anticipated Marketing Time: 0-30 days
# of Listings Past 3 Months: 195
# of Listings 3-6 Months Ago: 164
Change: 18.9%
Listings Days on Market (0-3 Months): 8
Listings Days on Market (3 to 6 Months Ago): 7
Change: 23.1%
Median Listing $/Sf (0-3 Months): $543.11
Median Listing $/Sf (3-6 Months Ago): $589.95
Change: -7.9%
MARKET AREA (PAST 12 MONTHS):
Most Common Living Area Range (Sf): 1,218 to 3,004
Most Common Property Year Built: 1944 to 1982
# of Stories
1 Story / 54.7%
2 Story / 35.4%
3 Story / 3.9%
Other/Remarks / 0.5%
Split Level / 5.6%