San Diego Real Estate Report: June 2016

June’s San Diego real estate market in review: As of June 2016, the average detached home in San Diego County sold for $550,000, up 4.8% from the previous year.

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As of June 2016, the average attached home (including condos, townhomes, and twinhomes) in San Diego County sold for $360,000, slightly above last month.

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

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

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As of June 2016, we are in a seller’s market. On average, a seller of a detached home in San Diego County receives 96.9% of the original list price at the close of the sale, slightly above the previous month.

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As of June 2016, the owners of attached properties (condos, twinhomes, and townhomes) retained 97.3% of the original listing price, the same as last month.

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

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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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