May 2017 Real Estate Market in Review

May’s San Diego real estate market in review: As of May 2017, the median detached home in San Diego County sold for $580,000, up 5.5% from the previous year.

Sales Price Detached

As of  May 2017, the median attached home (including condos, townhomes, and twinhomes) in San Diego County sold for $385,000, up 7.2% from last year.

Sales Price TWNH

The average detached home in San Diego spent 19 days on the market.

Market Time Detatched

Condos, twinhomes, and townhomes in San Diego spent an average of 14 days on the market.

Market Time Attatched

As of May 2017, the average seller of a detached home in San Diego County receives 98.1% of the original list price at the close of the sale.

% of Orig Price

As of May 2017, the owners of attached properties (condos, twinhomes, and townhomes) retained 98.7% of the original list price.

% of Orig Price attatched

The inventory of homes in San Diego County is still low, which is consistent with what we know that inventory is very tight and not predicted to dramatically improve.

MOINV detatched

The supply of attached properties is also quite low.

MOINV Attatched

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

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