San Diego Real Estate Sales Statistics - January 2010

Home sales surged in the fourth quarter of 2009 with many areas seeing double digit gains according to the National Association of Realtors. Total existing-home sales (single-family and condo) jumped 13.9 percent above the third quarter and 27.2 percent above the fourth quarter of 2008. Distressed property sales accounted for 32 percent of the fourth quarter transactions, down from 37 percent from 2008.

Lawrence Yun , NAR chief economist, said the first-time home buyer tax credit, combined with record low interest rates, played a dominant role in fourth quarter sales. Yun went on to say, “With inventory levels trending down over the past 18 months, we expect broadly balanced housing market conditions in much of the country by late spring with more areas showing higher prices.

Take a look at San Diego real estate sales (single family detached homes) for January to see what is happening in our local markets:

Carmel Valley Real Estate Sales (92130 ZIP) - January 2010

Homes Sold 2009: 27
Homes Sold 2008: 20
Change from 2008: +35%

Year-to-Date Homes Sold 2010: 27
Year-to-Date Homes Sold 2009: 21
Difference from 2008: +35%

Median Sales Price 2010: $820.000
Median Sales Price 2009: $883,750
Difference from 2009: -7%

Average Days on Market 2010: 61
Average Days on Market 2009: 63
Difference from 2008: -3%

Rancho Bernardo Real Estate Sales (92128 ZIP) - January 2010

Homes Sold 20010: 18
Homes Sold 2009: 30
Change from 2009: -40%

Year-to-Date Homes Sold 2010: 18
Year-to-Date Homes Sold 2009: 30
Difference from 2008: -40%

Median Sales Price 2010: $500,000
Median Sales Price 2009: $520,250
Difference from 2008: +4%

Average Days on Market 2010: 63
Average Days on Market 2008: 70
Difference from 2008: -10%

Del Mar Real Estate Sales (92014 ZIP) - January 2010

Homes Sold 2010: 6
Homes Sold 2009: 6
Change from 2009: +0%

Year-to-Date Homes Sold 2010: 6
Year-to-Date Homes Sold 2009: 6
Difference from 2009: +0%

Median Sales Price 2010: $1,050,500
Median Sales Price 2009: $1,492,500
Difference from 2009: +30%

Average Days on Market 2010: 90
Average Days on Market 2009: 101
Difference from 2009: -11%

Solana Beach Real Estate Sales (92075 ZIP) - January 2010

Homes Sold 2010: 10
Homes Sold 2009: 7
Change from 2009: +43%

Year-to-Date Homes Sold 2010: 10
Year-to-Date Homes Sold 2009: 7
Difference from 2009: +43%

Median Sales Price 2010: $1,125,000
Median Sales Price 2009: $990,000
Difference from 2009: +14%

Average Days on Market 2010: 90
Average Days on Market 2009: 117
Difference from 2009: -23%

4S Ranch Real Estate Sales (92127 ZIP) - January 2010

Homes Sold 2010: 23
Homes Sold 2009: 20
Change from 2009: +15%

Year-to-Date Homes Sold 2010: 23
Year-to-Date Homes Sold 2009: 20
Difference from 2008: +15%

Median Sales Price 2010: $762,900
Median Sales Price 2009: $708,500
Difference from 2008: +8%

Average Days on Market 2010: 85
Average Days on Market 2009: 61
Difference from 2009: +39%

Rancho Santa Fe Real Estate Sales (92067 ZIP) - January 2010

Homes Sold 2010: 11
Homes Sold 2009: 4
Change from 2009: +175%

Year-to-Date Homes Sold 2010: 11
Year-to-Date Homes Sold 2009: 4
Difference from 2009: -175%

Median Sales Price 2010: $2,975,000
Median Sales Price 2009: $3,487,500
Difference from 2009: -15%

Average Days on Market 2010: 289
Average Days on Market 2009: 188
Difference from 2009: +54%

Rancho Santa Fe Real Estate Sales (92091 ZIP) - January 2010

Homes Sold 2010: 0
Homes Sold 2009: 0
Change from 2009: 0%

Year-to-Date Homes Sold 2010: 0
Year-to-Date Homes Sold 2009: 0
Difference from 2008: 0%

Median Sales Price 2010: $0
Median Sales Price 2009: $0
Difference from 2009: 0%

Average Days on Market 2010: 0
Average Days on Market 2009: 0
Difference from 2009: 0%

Rancho Penasquitos Real Estate Sales (92129 ZIP) - January 2010

Homes Sold 2010: 19
Homes Sold 2009: 10
Change from 2009: +90%

Year-to-Date Homes Sold 2010: 19
Year-to-Date Homes Sold 2009: 10
Difference from 2009: +90%

Median Sales Price 2010: $570,000
Median Sales Price 2009: $513,518
Difference from 2009: +11%

Average Days on Market 2010: 47
Average Days on Market 2009: 44
Difference from 2009: +7%

Poway Real Estate Sales (92064 ZIP) - January 2010

Homes Sold 2010: 22
Homes Sold 2009: 17
Change from 2009: +29%

Year-to-Date Homes Sold 2010: 22
Year-to-Date Homes Sold 2009: 17
Difference from 2009: +29%

Median Sales Price 2010: $382,500
Median Sales Price 2009: $525,000
Difference from 2009: -27%

Average Days on Market 2010: 77
Average Days on Market 2009: 48
Difference from 2008: +60%

0 Comments

Comments