November Sales Experience Seasonal Decline, According to Greater San Diego Association of REALTORS(R)
Prices Have Increased About 5 Percent From Same Time Last Year
(firmenpresse) - SAN DIEGO, CA -- (Marketwired) -- 12/09/14 -- A drop in homes sales during November reflects a seasonal decline heading into the holiday season, according to new housing statistics from the (SDAR).
Single-family home sales were down month-over-month by nearly 22 percent, and about 14 percent from November of 2013. Similarly, condominiums and townhome sales were down about 19 percent from October and nearly 11 percent from a year ago.
Home prices saw little movement in November. The median price of single-family homes ($491,000) was down approximately 1 percent from a month ago. Condos and townhomes saw prices dip 4 percent compared to October. Compared to the same month last year, the median price of all resale properties is up 5 percent. Heading into the end of 2014, prices are up about 8 percent compared last year.
The number of active listings on the Multiple Listing Service (MLS) in San Diego County is approximately 7,300, representing 3 1/2 months of housing stock. (Six months is considered a healthy inventory level.) On average, homes on the market are selling within only about 43 days of being listed.
"While we are experiencing some typical seasonal slowing, housing prices and inventory levels have stabilized, interest rates remain low and homes continue to sell quickly," said Leslie Kilpatrick, SDAR''s 2014 Board President. "Opportunities exist in every market, and current conditions have been a plus for first-time buyers and people returning to the market."
In the month of September, the zip codes in San Diego County with the most single-family sales were:
92128 (Rancho Bernardo) with 39
91910 (Chula Vista) with 38
92065 (Ramona) with 37
92028 (Fallbrook) with 36
92057 (Oceanside) with 32
The most expensive listing sold in the county last month was a 4-bedroom 4-bath, 2,900-square-foot beach home in Del Mar that sold for $16 million.
SDAR''s housing statistics are compiled monthly from the Multiple Listing Service (MLS). Click for a detailed look at the numbers. Here is a summary:
November 2014 = $491,000
October 2014 = $ 496,750
November 2014 = $325,000
October 2014 = 337,500
November 2014 = $ 491,000
November 2013 = $ 469,000
November 2014 = $ 325,000
November 2013 = $ 310,000
November 2014 = 1,383
October 2014 = 1,764
November 2014 = 679
October 2014 = 835
November 2014 = 1,383
November 2013 = 1,609
November 2014 = 679
November 2013 = 761
With roughly 12,000 members, the is the largest trade association in the county. Our REALTORS® adhere to a code of ethics and professional standards above and beyond the norm. We help our members sell more homes. We help people realize the dream of home ownership. And we are dedicated to protecting private property rights. You can follow SDAR on , and .
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 09.12.2014 - 08:00 Uhr
Sprache: Deutsch
News-ID 1323949
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
SAN DIEGO, CA
Phone:
Kategorie:
Commercial Real Estate
Anmerkungen:
Diese Pressemitteilung wurde bisher 154 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"November Sales Experience Seasonal Decline, According to Greater San Diego Association of REALTORS(R)
"
steht unter der journalistisch-redaktionellen Verantwortung von
Greater San Diego Association of REALTORS (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
