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Posts tagged ‘San Diego Real Estate Market’

23
Jan

San Diego Housing Market Analysis 4th Quarter 2016

San Diego Housing Market Analysis

San Diego home prices - San Diego County Residential Real Estate Market Analysis

©2016 By Mark A. Melikian California Certified Residential Appraiser appraisals@san.rr.com P.O. Box 3051 Del Mar, California 92014 858-945-8996

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 projections discussed in this analysis will be updated throughout the year in subsequent quarterly reports.

San Diego Housing 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 peaked in 2003 at 42,746 units and decreased through 2008 to 23,972 units. In 2016, the total number of units sold for the year was 36,236, up from 35,232 sales in 2015 (see Figure 1).

 

san diego real estate market

Market Overview: The monthly absorption rate (number of units sold in a given month) will mirror the trend we see in the number of sold listings. The peak monthly absorption rate occurred in 2003 with 3,562 units selling per month. In 2008, the monthly absorption rate decreased to a low of 1,998 units. The 2016 monthly absorption rate was 3,020 units, up from 2,936 units in 2015 (see Figure 2). Read more »

31
Aug

Pending Home Sales Record

Pending Home Sales Record

San Diego home prices - Pending Home Sales Record

The National Association of Realtors just reported today, that pending home sales for July hit their second highest level in a decade!

The Associations pending home sales index increased 1.3% in July.  This level for the index puts it at 1.4% above year-ago levels and the second-strongest index reading since April!

The above index levels were based on a national basis, here in the West, the National Association of Realtors pending home sales Index reached the highest level in July it’s seen for the last three years! Read more »

29
Jul

San Diego Real Estate Market 2016

San Diego Real Estate Market 2016

San Diego County Residential Real Estate Market Analysis: 2nd Quarter 2016

©2016 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 between January 1, 2016 and June 30, 2016. The data includes all zip codes in San Diego County. 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 peaked in 2003 at 42,746 units and decreased through 2008 to 23,972 units. In 2016, the projected total number of units sold for the year will be 35,648, up from 35,232 sales in 2015 (see figure 1).

San Diego real estate

Market Overview: The monthly absorption rate (number of units sold in a given month) will mirror the trend we see in the number of sold listings. The peak monthly absorption rate occurred in 2003 with 3,562 units selling per month. In 2008, the monthly absorption rate decreased to a low of 1,998 units. The 2016 projected monthly absorption rate will be 2,974 units, up from 2,936 units in 2015 (see figure 2). Read more »

1
Jun

San Diego Home Prices Increase

San Diego Home Prices Increase

The S&P case Shiller home price index was just released yesterday for March 2016. Here in San Diego home prices increase in March by 1% over February. Also, on a year-to-year basis, San Diego home prices increased 6.2%.

In the Los Angeles area the Case-Shiller report showed that home prices increased on a year over year basis by 6.5%. Further north, in San Francisco, home prices on a year-over-year basis in March increased by 8.5%. Lastly, east of us in Phoenix Arizona the Case-Shiller report showed on a year-over-year basis their home prices increased by 5.6%. Read more »

3
Nov

San Diego Residential Property Outlook

San Diego Residential Property Outlook

San Diego Residential Property OutlookSan Diego residential property and commercial property is uncertain as the Qualcomm layoffs approach.

Will the the mid-to high-end residential San Diego property be affected by the upcoming Qualcomm layoffs?

In just 17 days 1314 full-time high-paying San Diego jobs will be history. Yes, November 20, 2015 is the final day for the skilled high-paying jobs at Qualcomm. Read more »

28
Jul

Real Estate Market Condition

Real Estate Market Condition

San Diego real estate marketWith just over five months left for the 2015 real estate market, the market remains strong and barring any major  interest rate hikes should remain so through the end of the year.

According to the most recent S&P/Case-Shiller Home Price Index, home prices continued to increase in May, though not at the pace many experts had predicted. On a national basis, single-family home prices seem to have settled in at an annual appreciation averaging between four and 5%.

The chairman of the S&P Dow Jones indexes said that he expected the future average home prices to slow down rather than accelerate. Meanwhile, the average single-family home resale price appreciation has been about double that of inflation and wage price increases for the year. Read more »

15
Oct

San Diego Real Estate Market Analysis – 3rd Quarter 2014

San Diego County Residential Real Estate Market Analysis

©2014 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. * All 2014 data in figures 1 through 4 will be projected based on market data taken from January through September 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.

 

San Diego Real Estate 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 peaked in 2003 at 42,746 units and decreased through 2008 to 23,972 units. *The 2014 projection shows the total number of units sold for the year will be 33,105 (see figure 1).

san diego real estate market Read more »

13
Aug

San Diego Real Estate Market 2014

San Diego real estate market 2014

San Diego California home prices

Yesterday, the San Diego Association of realtors reported that although the median San Diego home sales price has stabilized above $500,000, single-family home resales for July decrease by 13% compared to sales in June. During the same period, sales of previously owned condominiums and townhomes fell about 2%.

Read more »

17
Jul

San Diego Real Estate Market Analysis – 2nd Quarter 2014

San Diego County Residential Real Estate Market Analysis

©2014 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. * All 2014 data in figures 1 through 4 will be projected based on market data taken from January through June 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 peaked in 2003 at 42,746 units and decreased through 2008 to 23,972 units. *The 2014 projection shows the total number of units sold for the year will be 32,248 (see figure 1).

San Diego real estate market Read more »

6
May

brokerforyou.com Visitor Traffic

brokerforyou.com Visitor Traffic April 2014

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