What's new in SD Real Estate

George Lorimer
Friday, July 21, 2023
What's new in SD Real Estate


Call George Lorimer at 619-846-1244
Your Home Sold Guaranteed, or I'll Buy It!*

Find out what your home is worth as of tod.ay

See stats and graphs.

Get a CASH Offer on your ho.me
 

Market Commentary

Sales Prices Mixed, and Sales Continue to Drop

The average sales price for single-family, re-sale homes fell 2.5% from May. It was up 0.6% year-over-year.
The median sales price for single-family, re-sale homes rose 2.1% from May. It was flat year-over-year.

Sales of single-family, re-sale homes in San Diego County were down 24% year-over-year. That's nineteen months in a row home sales have been lower than the year before. There were 1,397 homes sold last month. The average since January 2001 is 1,990.

There are 1,803 homes for sale. One thousand six hundred eighty-two homes are pending.
Days on Market, or how long it took from when a home was listed for sale to when it went into escrow, was twenty-eight last month. The average since January 2001 is fifty-seven days.

The SP/LP ratio was 101.2% last month
The median sales price for re-sale condos was up 3.2% year-over-year.
The average sales price for condos was up 2%, year-over-year.
Condo sales were down 21.3% compared to last June. There were 743 condos sold last month.
There are 746 condos for sale.
The sales price to list price ratio for condos was 101.3%.
To know what's happening in your neighborhood, visit monlinene report and click on Recent Sales & Listings. That will tell you what is for sale and what has sold.

Download the 12-page report for free.

We would like to hear from you! If you have any questions, please do not hesitate to contact us. We are always looking forward to hearing from you! We will do our best to reply to you within 24 hours !

You agree to receive property info, updates, and other resources via email, phone and/or text message. Your wireless carrier may impose charges for messages received. You may withdraw consent anytime. We take your privacy seriously.

Get a list of all recent home sales in your area.

Find Out What The Home Down The Street Sold For

Learn more

10 Secrets Every New Home Buyer Should Know

Buy a New Home or a Resale?

Learn more

What You Should Know Before You Buy

Fixer Uppers: Myths & Facts

Learn more
Real Estate Blog