SEARCH ALL HOMES IN SAN DIEGO AT DawnSellsSanDiego.com - FREE LISTING BOOK ACCOUNT San Diego Market Reports - August 2009 - San Diego Real Estate Market Conditions - The San Diego MLS is filled with short sales and foreclosures and out of the two the short sales stay on the market a very long time making it look like the San Diego Market is saturated with homes for sale but the reality is there is very little to actually write offers on. The conventional listings as well as REO's sell fast when in good condition and priced correctly. Multiple offers on many of the lower end price ranges of San Diego homes and condos.
Buyers are actually getting discouraged with the lack of inventory in the San Diego Market. I have personally seen over 50 offers on a single property for sale that was priced correctly. This is not uncommon. Also keep in mind if you're a buyer that 49 out of the 50 offers won't get accepted. This is causing many buyers to be disillusioned by the market and home buying and has them second guessing any agent that they hire. The upper end still has room to drop and should be looked at with caution. Use a good Realtor like me to help you with all of your Real Estate needs in San Diego.
June 2009 Sales and Median Prices
Central San Diego Existing Home Sales - 565 Median Price $365,000 Down in value -10% from last year. Existing Condo Sales - 475 Median Condo Price $263,000 Down in value -10% from last year.
East County Existing Home Sales - 340 Median Price $295,000 Down in value -15% from last year. Existing Condo Sales - 139 Median Condo Price $131,000 Down in value -22% from last year.
North County Inland Existing Home Sales - 629 Median Price $364,000 Down in value -13% from last year. Existing Condo Sales - 189 Median Condo Price $216,000 Down in value -15% from last year.
North County Coastal Existing Home Sales - 386 Median Price $455,000 Down in value -17% from last year. Existing Condo Sales - 128 Median Condo Price $323,000 Down in value -23% from last year.
South County Existing Home Sales - 376 Median Price $320,000 Down in value -15% from last year. Existing Condo Sales - 169 Median Condo Price $151,000 Down in value -28% from last year.
When you need help with San Diego Real Estate please call me and my team. I have over 20 years experience as a licensed agent in San Diego and have sold well over 2,500 homes. Put my experience to work for you.
Dawn Lewis - 619-981-3917
All information is believed to be reliable but is not guaranteed.
ZIP Codes: 92127, 92101, 92187, 92184, 92182, 92065, 92158, 92179 Approximate Location Boundaries: All of San Diego County
Location Characteristics: Visit my web site for details about San Diego.
About Dawn Lewis:
Dawn Lewis - San Diego's Real Estate Expert - Over 20 years experience over 2,500 homes sold. Call Dawn Lewis today 619-656-6700. My personal cell 619-981-3917, Dawn.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
