Home prices in San Diego County were up 7.1% at the end of the 4th quarter, compared to December of last year. The coastal markets of Carmel Valley, Del Mar, La Jolla, and Solana Beach also registered year over year price increases to finish out 2017 on a high note. Interested in seeing a market report for your city or community? I’d be happy to provide you with one. Thinking of selling your home this year? Let’s talk!
San Diego County:
Single Family Homes
Median Sales Price: $605,000
Median Price Per Sq Ft: $335
Market Time (From Listed to Closed): 17 Days
Total Sold Listings (Oct-Dec): 64,827 Properties
Avg Listing Inventory (Active): 3,634 Properties
Year Over Year Change: +7.1%
Condos/Townhomes
Median Sales Price: $398,000
Median Price Per Sq Ft: $396.33
Market Time (From Listed to Closed): 13 Days
Total Sold Listings (Oct-Dec): 11,105 Properties
Avg Listing Inventory (Active): 1,287 Properties
Year Over Year Change: +6.7%
Carmel Valley:
Single Family Homes
Median Sales Price: $1,222,266.67
Median Price Per Sq Ft: $430
Market Time (From Listed to Closed): 32 Days
Total Sold Listings (Oct-Dec): 1,207 Properties
Avg Listing Inventory (Active): 61 Properties
Year Over Year Change: +7.9%
Condos/Townhomes
Median Sales Price: $609,828.33
Median Price Per Sq Ft: $489
Market Time (From Listed to Closed): 9 Days
Total Sold Listings (Oct-Dec): 762 Properties
Avg Listing Inventory (Active): 14 Properties
Year Over Year Change: +9.6%
Del Mar:
Single Family Homes
Median Sales Price: $1,818,333.33
Median Price Per Sq Ft: $705.67
Market Time (From Listed to Closed): 55 Days
Total Sold Listings (Oct-Dec): 419 Properties
Avg Listing Inventory (Active): 70 Properties
Year Over Year Change: +1.8%
Condos/Townhomes
Median Sales Price: $1,008,694
Median Price Per Sq Ft: $680.67
Market Time (From Listed to Closed): 19 Days
Total Sold Listings (Oct-Dec): 178 Properties
Avg Listing Inventory (Active): 17 Properties
Year Over Year Change: +21.8%
La Jolla:
Single Family Homes
Median Sales Price: $2,157,175
Median Price Per Sq Ft: $781.67
Market Time (From Listed to Closed): 67 Days
Total Sold Listings (Oct-Dec): 911 Properties
Avg Listing Inventory (Active): 168 Properties
Year Over Year Change: +13.3%
Condos
Median Sales Price: $809,458.67
Median Price Per Sq Ft: $595.33
Market Time (From Listed to Closed): 18 Days
Total Sold Listings (Oct-Dec): 1,163 Properties
Avg Listing Inventory (Active): 78 Properties
Year Over Year Change: +10.2%
Solana Beach:
Single Family Homes
Median Sales Price: $1,532,500
Median Price Per Sq Ft: $670.67
Market Time (From Listed to Closed): 47 Days
Total Sold Listings (Oct-Dec): 280 Properties
Avg Listing Inventory (Active): 18 Properties
Year Over Year Change: +5.3%
Condos
Median Sales Price: $947,865.67
Median Price Per Sq Ft: $665.33
Market Time (From Listed to Closed): 15 Days
Total Sold Listings (Oct-Dec): 333 Properties
Avg Listing Inventory (Active): 18 Properties
Year Over Year Change: +10.4%
[All data sourced from Sandicor MLS on January 4th, 2018]