San Diego Real Estate Market Analysis
San Diego County Residential Real Estate Market Analysis: 4th Quarter 2011 – This is part 2 of 2
By Mark A. Melikian California Certified Residential Appraiser 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 as reported by the San Diego County MLS system.
*Please see prior post for the first part of this article.
Detached Housing Market Specifics – 4th Quarter 2010 compared with 4th Quarter 2011: Detached home sales data for the 4th quarter of 2011 shows the highest numbers of sales were in the $200,000-$300,000 price range. This reflects a shift from the 4th quarter of 2010, when the highest number of sales were in the $300,000-$400,000 price range (see figure 5). Read more 
San Diego County Residential Real Estate Market Analysis
San Diego County Residential Real Estate Market Analysis: 4th Quarter 2011
By Mark A. Melikian California Certified Residential Appraiser 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 as reported by the San Diego County MLS system.
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 (see figure 1). There were 31,885 sales in 2011. Read more
San Diego Home Sales Up – Prices Down
San Diego home sales market
San Diego home sales
Dataquick La Jolla-based real estate information company just released a report showing that San Diego home sales were up a tiny 0.3% in October when compared to October a year ago. But, even this tiny increase in sales did not translate into an increase in San Diego home prices. Read more
San Diego Real Estate Market
San Diego County Residential Real Estate Market Analysis: 3nd Quarter 2011 (Part2)
By Mark A. Melikian California Certified Residential Appraiser appraisals@san.rr.com P.O. Box 3051 Del Mar, California 92014 858-793-9339
Market Overview: The mean sold price for a housing unit in San Diego County peaked in 2007 at $621,675. The mean sold price in 2009 decreased to a low of $385,754, a 37.9 percent decrease from the market peak in 2007. *In 2011, the projected mean sold price is $415,743, which would represent a 7.8 percent increase from the 2009 mean sold price and a 33.1 percent decrease from the market peak in 2007 (see figure 3).
Figure 3
Summer Home-Buying Season A Bust
San Diego Home Buying Season
San Diego home sales
Well, my regular readers will know that for some time now I’ve been saying how the usually seasonally strong spring and summer real estate market’s poor performance will most likely be a harbinger of the week to down fall and winter for San Diego housing. Read more
San Diego Home Prices Move Up
home prices
Home prices increase in July.
The Standard & Poor’s/Case-Shiller index reported today that home prices increased in July from June in 17 of the 20 cities tracked.
“This is still a seasonal period of stronger demand for houses, so monthly price increases are expected,” said David M. Blitzer, chairman of Standard & Poor’s index committee. “While we have now seen four consecutive months of generally increasing prices, we do know that we are still far from a sustained recovery.”
Also, eighteen of the 20 cities that the Case-Shiller report analyzed show home prices are still below where they were a year ago. The 10-City composite is down 3.7 percent and the 20-city composite is down 4.1 percent compared to July 2010.
Here in San Diego County home prices rose a tiny0.1 percent in July compared to August, but fell 4.1 percent compared to July 2010.