Real Estate Report presented by Ryan Mathys & Tracie Kersten

September 2019 Report

Single Family Homes in San Diego, La Jolla, All Neighborhoods Change >

Median Price
Average Price
No. Sold
Pending Properties
Sale/List Price Ratio
Days on Market
Days of Inventory

Market Barometer

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Market Commentary

Home Sales & Prices Up in August

After setting a new high in June, the median sales price for single-family, re-sale homes fell in July, but, rose in August by 0.1%. It was down 0.8% year-over-year.

The average sales price for homes was up 3.4% from July, and, it was up 3.1% over last August.

Home sales were up for the second month in a row, rising 3.1% year-over-year. Year-to-date, home sales are down 3.7%.

Days on Market, or how long it took from when a home was listed for sale to when it went into escrow, was thirty-seven last month. The average since January 2001 is fifty-seven days.

The sales price to list price ratio was 98.5%. The National Association of REALTORS® considers a ratio of 95% to indicate a balanced market.

The median sales price for re-sale condos was up 1.1% from July. It was up 3.5% year-over-year.

The average sales price was up 8.3% from July, and, it was up 3.8% from last August.

The sales price to list price ratio for condos was 99% last month.

Condo sales were up 0.2% over last August.

Condos are selling in thirty-four days, the average is fifty-five days.

If you would like to know what’s going on in your neighborhood, visit my on-line report and click on Recent Sales & Listings. That will tell you what is for sale and what has sold.

Prices & Sales

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Days of Inventory

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Sales to Date

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Sales Price Ratio

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