Real Estate Report presented by Patty Moore-Davidson

June 2024 Report

Single Family Homes in North County Coastal, All Cities, All Neighborhoods Change >


Median Price
$1,150,000
+2.2%
Average Price
$1,756,310
-1.0%
No. Sold
357
-5.3%
Pending Properties
272
+7.1%
Active
446
+8.8%
Sale/List Price Ratio
99.5%
-0.4%
Days on Market
37
+1.6%
Days of Inventory
36
+11.0%

Market Barometer

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Market Commentary

Prices Up, Sales Down in June

The average sales price for single-family, re-sale homes rose 0.6% from May. It was up 11.2% year-over-year.

The median sales price for single-family, re-sale homes was up 4.1% from May. It was up 10% year-over-year. It set a new record high of $1,042,500.

Sales of single-family, re-sale homes in San Diego County were down 2.5% year-over-year. There were 1,270 homes sold last month. The average since January 2001 is 1,990.

There are 1,474 homes for sale. There are 1,133 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 twenty-nine last month. The average since January 2001 is fifty-seven days.

The SP/LP ratio was 100.3% last month

The median sales price for re-sale condos was up 6.2% year-over-year.

The average sales price for condos was up 8.4%, year-over-year.

Condo sales were down 10.8% compared to last June. There were 633 condos sold last month.

There are 924 condos for sale.

The sales price to list price ratio for condos was 100.1%.

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.

 

Prices & Sales

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Days of Inventory

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Sales to Date

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Sales Price Ratio

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