San Diego Real Estate Report: December 2015

December’s real estate market in review: As of December 2015, the average detached home in San Diego county sold for $540,000, again up half a percent from the previous month.

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As of December 2015, the average attached home (including condos, townhomes, and twinhomes) in San Diego county sold for $352,000, up slightly from last month.
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The average detached home in San Diego spent 40 days on the market.

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Condos, twinhomes, and townhomes in San Diego spent 37 days on the market, on average.

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As of December 2015, we are in a seller’s market. On average, a seller of a detached home in San Diego County, receives 97.6% 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 December 2015, the owners of attached properties (condos, twinhomes, and townhomes) retained 97.7% of the original listing price.

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The inventory of homes in San Diego County has stayed constant. We would expect to see a rise after the winter/holidays and into the new year.

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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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