September 2024 Report
Single Family Homes in North County Coastal, All Cities, All Neighborhoods Change >
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Average Price$1,690,050
+3.4%
Pending Properties234
0.0%
Sale/List Price Ratio98.7%
-0.5%
Trends at a Glance
Trends At a Glance |
Sep 2024 |
Previous Month |
Year-over-Year |
Median Price |
$1,120,000 (+1.8%) |
$1,100,000 |
$1,145,590 (-2.2%) |
Average Price |
$1,690,050 (+3.4%) |
$1,633,900 |
$1,757,360 (-3.8%) |
No. of Sales |
339 (-2.9%) |
349 |
291 (+16.5%) |
Pending |
234 (0.0%) |
234 |
292 (-19.9%) |
Active |
439 (+2.6%) |
428 |
428 (+2.6%) |
Sale vs. List Price |
98.7% (-0.5%) |
99.2% |
99.5% (-0.8%) |
Days on Market |
43 (+26.3%) |
34 |
35 (+23.2%) |
Days of Inventory |
38 (+2.1%) |
37 |
43 (-12.0%) |
Market Commentary
The average sales price for single-family, re-sale homes rose 0.5% from August. It was up 3.2% year-over-year.
The median sales price for single-family, re-sale homes was down 2.5% from August. It was up 4.3% year-over-year.
Sales of single-family, re-sale homes in San Diego County were up 10.7% year-over-year. There were 1,186 homes sold last month. The average since January 2001 is 1,990.
There are 1,628 homes for sale. There are 1,061 homes pending.
Days on Market, or how long it took from when a home was listed for sale to when it went into escrow, was thirty-six last month. The average since January 2001 is fifty-seven days.
The SP/LP ratio was 99.3% last month
The median sales price for re-sale condos was down 1.5% year-over-year.
The average sales price for condos was down 2.6%, year-over-year.
Condo sales were down 0.5% compared to last July. There were 595 condos sold last month.
There are 996 condos for sale.
The sales price to list price ratio for condos was 99.8%.
If you would like to know what’s going on in your neighborhood, visit my on-line report and click on Recent Sales & Listings. That will tell you what is for sale and what has sold.