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.
Condos, twinhomes, and townhomes in San Diego spent 37 days on the market, on average.
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.
As of December 2015, the owners of attached properties (condos, twinhomes, and townhomes) retained 97.7% of the original listing price.
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.
The supply of attached properties continues to decline.
Are you interested in seeing this breakdown for your San Diego community or zipcode? Let us know!