June 2018 Real Estate Market in Review

June’s San Diego real estate market in review: As of June 2018, the median detached home in San Diego County sold for $629,000 up 7.5% from the previous year.

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As of  June 2018, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $413,000, up 6.7% from last year.

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The average detached home in San Diego spent 32 days on the market.

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Condos, twinhomes, and townhomes in San Diego spent an average of 26 days on the market.

Avg Mkt Time Attatched

As of June 2018, the average seller of a detached home in San Diego County receives 97.6% of the original list price at the close of the sale.

detatched % original

As of June 2018, the owners of attached properties (condos, twinhomes, and townhomes) retained 98.5% of the original list price.

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The inventory of homes in San Diego County is still very low.

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The supply of attached properties is also quite low.

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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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House 2 Home Success Stories: Montellano Terrace

We have discovered that the best way to sell a San Diego house quickly and for the best price is to turn it into a home.

We have aligned ourselves with the best in the business to do whatever it takes to prepare a house for sale and turn it into a buyer’s dream home. Whether it’s painting, replacing carpet or flooring, landscaping,cosmetic repairs, or staging, we know what to do to prepare your home to shine.

The House 2 Home Program was created as a way to showcase these seller services. Whether you’re currently still living in a home or are selling a vacant property, we will be happy to discuss our plan to prepare your home for the San Diego Market.

We’ll take you inside a few of the homes that have benefited from our House 2 Home Program. Real sellers, real homes, real measurable results. These are their stories:

Montellano Terrace

Montellano h2h1

Previously Listed With 1 Other Broker BEFORE House 2 Home

Days on Market AFTER House 2 Home: 12 Days

What We Did: We painted walls, painted cabinets, installed new flooring, carpet, lighting and counter tops. We then staged the house, and took professional photos.

Montellano h2h3

Montellano h2h4 (1)

May 2018 Real Estate Market in Review

May’s San Diego real estate market in review: As of May 2018, the median detached home in San Diego County sold for $625,000 up 7.8% from the previous year.

Median Sales Detatched

As of  May 2018, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $411,500, up 6.9% from last year.

Median Sales Twnhome

The average detached home in San Diego spent 32 days on the market.

Avg Mkt Time Detatched

Condos, twinhomes, and townhomes in San Diego spent an average of 26 days on the market.

Avg Mkt Time Attatched

As of May 2018, the average seller of a detached home in San Diego County receives 97.6% of the original list price at the close of the sale.

detatched % original

As of May 2018, the owners of attached properties (condos, twinhomes, and townhomes) retained 98.6% of the original list price.

attatcched % orig

The inventory of homes in San Diego County is still very low.

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!

San Diego Home Prices Rise More Than The Nationwide Average

Image result for san diego homes

In March, San Diego’s home prices raised an impressive 7.7% from the past year. This ranked San Diego in the top 10 cities of highest yearly price increases. Home prices increased all over California. San Francisco, Los Angles and San Diego were all above the national average and they show no sign of slowing down. In April, San Diego’s home prices continued to grow, sitting 8.6% higher than the year before. That pushed San Diego’s median home price to $570,000 which broke the record that was previously set in March. This increase was led by the escalating cost of condos. Condo prices increased by 11.7% and have a median price of $430,000.

S&P CoreLogic Case-Shiller Indices for March 2018

Yearly increases by city

1 Seattle — 13 percent

2 Las Vegas — 12.4 percent

3 San Francisco — 11.3 percent

4 Denver — 8.6 percent

5 Los Angeles — 8.1 percent

6 Detroit — 7.9 percent

7 San Diego — 7.7 percent

8 Tampa — 7.5 percent

9 Phoenix — 6.8 percent

10 Portland — 6.7 percent

11 Atlanta — 6.2 percent

12 Charlotte — 6.2 percent

13 Minneapolis — 6.1 percent

14 Boston — 5.8 percent

15 Dallas — 5.8 percent

16 New York — 5.2 percent

17 Miami — 5 percent

18 Cleveland — 4.6 percent

19 Washington, D.C. — 3 percent

20 Chicago — 2.8 percent

Nationwide — 6.5 percent

April 2018 Real Estate Market in Review

April’s San Diego real estate market in review: As of April 2018, the median detached home in San Diego County sold for $620,000 up 7.6% from the previous year.

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As of  April 2018, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $410,000, up 7.6% from last year.

Twnhmn median sales

The average detached home in San Diego spent 32 days on the market.

Detatched avg mkt time

Condos, twinhomes, and townhomes in San Diego spent an average of 26 days on the market.

attatched avg mkt time

As of April 2018, the average seller of a detached home in San Diego County receives 97.6% of the original list price at the close of the sale.

detatched % original

As of April 2018, the owners of attached properties (condos, twinhomes, and townhomes) retained 98.6% of the original list price.

attatcched % orig

The inventory of homes in San Diego County is still very low.

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!

March 2018 Real Estate Market in Review

March’s San Diego real estate market in review: As of March 2018, the median detached home in San Diego County sold for $619,000 up 7.7% from the previous year.

Detatched Sales

As of  March 2018, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $406,000, up 6.8% from last year.

Attatched Sales

The average detached home in San Diego spent 33 days on the market.

Detached Mkt Time

Condos, twinhomes, and townhomes in San Diego spent an average of 26 days on the market.

Attatched Mkt Time

As of March 2018, the average seller of a detached home in San Diego County receives 97.6% of the original list price at the close of the sale.

Detached % Orig

As of March 2018, the owners of attached properties (condos, twinhomes, and townhomes) retained 98.6% of the original list price.

Attatched %

The inventory of homes in San Diego County is still very low.

Detached MOINV

The supply of attached properties is also quite low.

Attached MOINV

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

February 2018 Real Estate Market in Review

February’s San Diego real estate market in review: As of February 2018, the median detached home in San Diego County sold for $618,000, up 8.8% from the previous year.

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As of  February 2018, the median attached home (including condos, townhomes, and twinhomes in San Diego County sold for $405,000, up 7.1% from last year.

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The average detached home in San Diego spent 33 days on the market.

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Condos, twinhomes, and townhomes in San Diego spent an average of 26 days on the market.

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As of February 2018, the average seller of a detached home in San Diego County receives 97.6% of the original list price at the close of the sale.

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As of February 2018, the owners of attached properties (condos, twinhomes, and townhomes) retained 98.6% of the original list price.

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The inventory of homes in San Diego County is still very low.

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The supply of attached properties is also quite low.

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