Summary of Trends in San Diego, CA 92113
Annual Property Value Change: Stable
Current Housing Inventory: Balanced
Recent Typical Marketing Time: Under 3 Months
Showing posts with label prices. Show all posts
Showing posts with label prices. Show all posts
Monday, July 9, 2012
San Diego, CA 92113 Home Value Statistics (07/08/2012)
Sunday, March 11, 2012
Carmel Valley / San Diego, CA 92130 Property Values Are in Decline
| 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% | ||
Click Chart to Enlarge
Tuesday, March 29, 2011
San Diego Home Values in Decline - Info. Graphic
S&P/Case-Shiller is reporting what I have been posting for a while - that property values in the San Diego area peaked around fall of last year and have been in decline since. As we get further into 2011, the decline will be more apparent, even if property values stay steady on a month-to-month basis because they were increasing last year through to the fall in many places. A better indicator of our market performance may be short term comparisons. The S&P/Case-Shiller graphic below ends at the start of 2011. From my own statistical compilations I can report that property values continued to decrease in most markets.
All of this having been said - San Diego, CA remains what of the best areas to buy a home based on its property values performance over the past year.
Click on the graphic below to be taken to a Flash/interactive version of the chart.
Brian Ward
San Diego Real Estate Appraiser
www.brianward.com
Home Prices in Selected Cities, Through January 2011 - Interactive Graphic - NYTimes.com
All of this having been said - San Diego, CA remains what of the best areas to buy a home based on its property values performance over the past year.
Click on the graphic below to be taken to a Flash/interactive version of the chart.
Brian Ward
San Diego Real Estate Appraiser
www.brianward.com
Home Prices in Selected Cities, Through January 2011 - Interactive Graphic - NYTimes.com
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