San Diego Real Estate Report: April 2016

April’s real estate market in review: As of April 2016, the average detached home in San Diego County sold for $549,700, up 5% from the previous month.

Screen Shot 2016-05-05 at 10.33.55 AM.png

As of April 2016, the average attached home (including condos, townhomes, and twinhomes) in San Diego County sold for $356,000, the same as last month.

Screen Shot 2016-05-05 at 10.35.19 AM.png

The average detached home in San Diego spent 38 days on the market.

Screen Shot 2016-05-05 at 10.36.08 AM.png

Condos, twinhomes, and townhomes in San Diego spent an average of 34 days on the market.

Screen Shot 2016-05-05 at 10.36.32 AM.png

As of April 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, the same as the previous month.

Screen Shot 2016-05-05 at 10.37.54 AM.png

As of April 2016, the owners of attached properties (condos, twinhomes, and townhomes) retained 97.3% of the original listing price, up slightly from last month.

Screen Shot 2016-05-05 at 10.38.27 AM.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 2016-05-05 at 10.39.05 AM.png

The supply of attached properties continues to decline.

Screen Shot 2016-05-05 at 10.39.38 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