San Diego Real Estate Report: November 2015

November’s real estate market in review: As of November 2015, the average detached home in San Diego county sold for $535,000, up half a percent from last month.

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As of November 2015, the average attached home (including condos, townhomes, and twinhomes) in San Diego county sold for $350,000, up slightly from last month.
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The average detached home in San Diego spent 41 days on the market.Screen Shot 2015-11-24 at 11.00.31 AM

Condos, twinhomes, and townhomes in San Diego spent 38 days on the market, on average.

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As of November 2015, we are still in a seller’s market. On average, a seller of a detached home in San Diego County, receives 96.5% of the original list price at the close of sale, a slight upturn from last month, but a continuation of a trend from the previous months.

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As of August 2015, the owners of attached properties (condos, twinhomes, and townhomes) retained 96.8% of the original listing price.

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The inventory of homes in San Diego County has fallen a little. We would expect to see a bit of a drop, no matter the market conditions, during the winter/holidays.

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The supply of attached properties continues to decline.

 

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Are you interested in seeing this breakdown for your San Diego community or zipcode? Let us know!

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