San Diego Real Estate Report: January, 2016

January’s real estate market in review: As of January 2016, the average detached home in San Diego County sold for $540,000, the same as the previous month.

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As of January 2016, the average attached home (including condos, townhomes, and twinhomes) in San Diego County sold for $354,000, 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 an average of 37 days on the market.

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As of January 2016, 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 the sale, the same as the previous month.

med % of orig price det.png

 

As of January 2016, the owners of attached properties (condos, twinhomes, and townhomes) retained 97.8% of the original listing price, up slightly from last month.

med % of orig price att.png

 

The inventory of homes in San Diego County has gone slightly down, but we would expect to see a rise as we head further into the new year.

month supp det.png

 

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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