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Archive for April 9th, 2010

9
Apr

San Diego County Residential Real Estate Market Analysis: 1st Quarter 2010

©2010    By Mark A. Melikian  California Certified Residential Appraise   appraisals@san.rr.com P.O. Box 3051   Del Mar, California 92014   858-793-9339

The following is a market data summary of detached and attached properties as reported by the San Diego County MLS system. The data includes all zip codes in San Diego County. * All 2010 data in figures 1 through 4 will be projected based on market data taken from January through March as reported by the San Diego County MLS system. All projections discussed in this analysis will be updated throughout the year in subsequent quarterly reports.

Market Overview: The data provided analyzes residential real estate sales beginning in the year 2000, which is used as the base year. The number of sold listings in San Diego County peaks in 2003 at 42,746 units and decreases through 2008 to 23,972 units. In 2009 the number of sold listings rebounded to 33,827 (see figure 1). *The 2010 projection shows the total number of units sold for the year will be 26,996.

San Diego California real estate market

Figure 1

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