San Diego Real Estate Market Update – February 2019
“How’s the market?”🤔 The San Diego housing market is changing! In this video, we explain what the January 2019 numbers mean for the real estate market moving forward.🏡
January 2019 Overview
•Closed sales decreased 13.3% for detached homes, and 26.2% for attached homes.
•Pending sales decreased 2.6% for detached homes, and 5.8% for attached homes.
•Inventory increased 28.3% for detached homes, and 45.2% for attached homes.
•The median sales price was up 3.4% to $615,000 for detached homes, and 2.5% to $415,000 for attached homes.
•Days on market increased 13.5% for detached homes, and 28.6% for attached homes.
•Supply increased 41.2% for detached homes, and 61.5% for attached homes.
*Percent changes are calculated using rounded figures. Current as of February 8, 2019. All data from Shared Paragon Network.
If you’re curious about your home’s value, contact us for a free market analysis: https://bit.ly/2Cb3R6r.
Eric & Deva Edelman, Realtors
Century 21 Award | DRE# 01430056
9934 Mercy Road San Diego, CA 92129