San Diego Real Estate Report: March 2016

March’s real estate market in review: As of March 2016, the average detached home in San Diego County sold for $545,000, up slightly from the previous month.

Screen Shot 2016-04-07 at 1.22.54 PM.png

As of March 2016, the average attached home (including condos, townhomes, and twinhomes) in San Diego County sold for $355,000, the same as last month.

Screen Shot 2016-04-07 at 1.26.35 PM.png

The average detached home in San Diego spent 39 days on the market.

Screen Shot 2016-04-07 at 1.27.41 PM.png

Condos, twinhomes, and townhomes in San Diego spent an average of 35 days on the market.

Screen Shot 2016-04-07 at 1.28.41 PM.png

As of March 2016, we are in a seller’s market. On average, a seller of a detached home in San Diego County receives 96.8% of the original list price at the close of the sale, up slightly from the previous month.

Screen Shot 2016-04-07 at 1.33.57 PM.png

As of March 2016, the owners of attached properties (condos, twinhomes, and townhomes) retained 97.2% of the original listing price, up slightly from last month.

Screen Shot 2016-04-07 at 1.34.35 PM.png

The inventory of homes in San Diego County has gone slightly down, which is consistent with what we know that inventory is tight.

Screen Shot 2016-03-02 at 11.11.23 AM.png

The supply of attached properties continues to decline.

Screen Shot 2016-03-02 at 11.10.13 AM.png

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

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s