San Diego County Detached-Homes

by | Feb 7, 2017 | Frenzy, Market Conditions, Sales and Price Check, Tom Tarrant | 0 comments

Tom asked for some thoughts on the county-wide market!  Though we had a few more listings in 2016 than in recent years, the closed sales were the highest of the last three years – and within 1,000 of the frenzied 2013 total.

San Diego County Detached-Home Listings and Sales

Year
# of Listings
# of Sales
Median LP
Median SP
SP:LP
2013
33,077
24,910
$459,990
$455,000
98.9%
2014
33,752
22,101
$499,999
$495,000
99.0%
2015
33,040
23,733
$539,000
$529,000
98.1%
2016
34,015
23,943
$569,000
$560,000
98.4%

The SP:LP ratio is down slightly, but for the median sales price to be within 1.6% of the median list price on 23,943 sales is pretty remarkable – especially when the median sales price has risen 23% since 2013!

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