San Diego Real Estate Market 2014
San Diego real estate market 2014
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%.
San Diego Housing Market
San Diego Housing Market
The S&P/Case-Shiller index for January was just released today.
The good news, at least for San Diego home sellers, was that for January 2014,San Diego had the most improved year-over-year home appreciation!
Yes, for January 2014 the case Shiller index showed that San Diego’s residential real estate market improved by an amazing 19.4%! Read more 
San Diego 2014 Real Estate
San Diego Real Estate
Dataquick, a real estate reporting company just issued a report that shows that San Diego housing market dipped slightly again in January as home sales hit their lowest levels in the past three years.
San Diego home prices also dipped in January with the median home price, falling $15,000 from December. But, even with that drop the January 2014 median San Diego home price was still up 15.7% from January 2012. Read more
San Diego Home Sales and Prices Decline
San Diego Home Prices decline
Today, a report released by the San Diego Association of Realtors, showed a total of 1,609 single-family homes were sold last month, this figure was down 15.6 percent from November 2012, and 11.3 percent below October.
For attached homes sold in November were 761, down 19.4 percent from the same month last year, and 9.6 percent below October’s sales amount. Read more
San Diego County Residential Real Estate Market Analysis: 2nd Quarter 2013
San Diego County Residential Real Estate Market
2nd Quarter 2013©2013 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 2013 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 peaks in 2003 at 42,746 units and decreases through 2008 to 23,972 units. *The 2013 projection shows the total number of units sold for the year will be 31,638, below the 35,935 units sold in 2012 (see figure 1). Read more
San Diego Condo Prices Up 30% – A New Real Estate Bubble Forming?
San Diego Condo Prices – Another Bubble?
San Diego California single-family median resale home prices hit $432,000 in March, a rise of 5 percent from February, and nearly 19 percent from March of 2012.
Condos and townhomes saw an even higher increase in the median price – $285,000, which is a jump of 14 percent from February, and 30 percent from March of last year.
Normally, single-family home prices should increase 2-3% a year tops plus inflation… yet we’re seeing 20-30% increases or more? Home values are halfway back to where they were pre-2007! Read more
San Diego Home Prices Increase – Sales Drop
San Diego Home Prices
A Red Flag For San Diego Home Sales
DataQuick a real estate information service announced yesterday that home sales in San Diego County increased 4.2 percent in September, compared to a year ago, while San Diego home prices rose by 11.1 percent, year over year.
The median price of a San Diego home in September was $350,000, up from $315,000 in September 2011.
Unfortunately, the same report also showed that just a total of 17,859 new and resale houses and condos sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties in September, . That was down 20.4 percent from 22,438 in August, and down 1.6 percent from 18,149 in September 2011. Read more
San Diego Home Prices Rise
San Diego Home Prices Rise
Bob Schwartz, San Diego real estate broker
San Diego County home prices increased 2.4% in April as compared to a year ago. But in my opinion, more importantly, San Diego County home sales increased by 8.6% last month! Read more
San Diego Real Estate Market – Time To Buy?
San Diego Real Estate Market
Is now the time to purchase San Diego real estate?
Yes, the most popular question real estate is always, is now the right time to buy?
One should understand that the residential real estate industry is basically a sales industry. As such, the vast majority of active real estate agents and real estate brokers are always optimistic ( many times overly so) that now, is always a good time to buy real estate. So, in reality, asking the question, is now the right time to buy real estate, it would be more appropriately, and perhaps more accurately answered if it was addressed local economist, preferably not one affiliated with the building industry. Read more
San Diego Home Prices
San Diego Home Prices
San Diego home prices
The Standard & Poor’s/Case-Shiller home-price index released today showed that prices fell in January from December in 16 of 19 cities.
The Case-Shiller monthly index covers half of all U.S. homes. It measures prices compared with those in January 2000 and creates a three-month moving average. The January data are the latest available. Read more