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February 9, 2010
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for San Diego, California

Reported by Lisa Blanchard 858-335-1345, REALTOR

Updated February 3, 2010.

Current Market Rating: 4




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2
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4
5
Buyer's

Seller's

Current Price Trend: 4




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2
3
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5
Falling

Rising

The following are the DECEMBER 2009 statistics for both Detached and Attached homes.

December 2009 home prices SHOT UP 10% and sales were way up over December 2008!
Inventory levels are still at incredibly LOW levels. It's a seller's market in
most areas at $700K or less there are only 3-4 months supply. At $500K or less the levels
are less than 2-3 months. A normal market has 5-6 months.

SAN DIEGO COUNTY ACTIVITY
The Countywide median price of detached homes sold INCREASED 1.6% from $378,950 in
Nov. to $385,000 in December. The number of SFD homes sold in San Diego County INCREASED 26.44% from November 2009 to December 2009. Year-over sales INCREASED 13.21% from December 2008.

DETACHED HOMES
North San Diego County SFD median prices DECREASED .06%, from Nov. 2009 to
Dec. 2009, from $436,250 to $436,000 and INCREASED 16% yearover from December 2008.

The East San Diego County median SFD home price INCREASED 2.13 % from $305,000 in December 2009 to $311,500 in December 2009, with a 0.95% fall year-over from December 2008.

South County median SFD prices DECREASED 4.51% from $350,000 in December
2009 to $334,225 in December 2009, for a year-over DECREASE of 1.7% from
December 2008.

San Diego Metro median SFD price DECREASED 1.82 % from $412,500 from December 2009 to December 2009, and INCREASED 15.06% from December 2008.

ATTACHED HOMES
The Countywide median price of attached homes sold DECREASED 4.23% from $224,500 in
Nov. to $215,000 in December. The number of SFA homes sold INCREASED 13.48% countywide in December 2009 from November 2009 and INCREASED 8.56% year-over from December 2008.

Year-over SFA median prices INCREASED 7.5% in the county from December
2008.

North San Diego County monthly median SFA home prices during December 2009
DECREASED by 5.45%, from $252,500 to $238,750.
North County attached homes INCREASED 13.69% from $180,000 a year ago.

East San Diego County SFA median price INCREASED 8.53% to $145,000 in December 2009 from $133,600 in November 2009, a 2.11% year-over decrease from December 2008.

South County median SFA price DECREASED 8.11% from $185,000 in November
2009 to $170,000 in December 2009, and with a decline of 13.27% yearover
decrease from December 2008.

San Diego Metro SFA median price remained at $250,000 since October 2009, but
INCREASED 4.17% from December 2008.

Statistics are per Homedex


Approximate Location Boundaries: Bordered by Mexico, the Pacific Ocean, the Anza-Borrego Desert and the Laguna Mountains

Location Characteristics: San Diego is California's 2nd largest city. Where blue skies keep watch on 70 miles of beaches and a gentle Mediterranean climate begs for a day of everything and nothing. Bordered by Mexico, the Pacific Ocean, the Anza-Borrego Desert and the Laguna Mountains, San Diego county's 4,200 square miles offer immense options for business and pleasure.

For More Information:

View Market Conditions of other areas served by Lisa Blanchard 858-335-1345

Navigate: Top > California > San Diego

About Lisa Blanchard 858-335-1345:
San Diego county has been my home for over 20 years and I serve clients from all over the county. As your "High Tech/High Touch" REALTOR I am able to use technology to aid my clients in buying or selling real estate. With over 90% of all buyers finding their homes online, it is imperative to have an agent who can provide tools to enable the buyer to find and assess property quickly. Time is money and I respect my client's time by providing them with their own personalized website for viewing properties that meet their search criteria.
For my seller's, I provide a wide range of Internet advertising including exclusive advertising on YAHOO! My clients receive regular feedback via email showing them how many "hits" their property has had on the various websites where I have advertised their home.
Please visit my website: www.LisaBlanchard.com for full access to the San Diego MLS and for information on my many services including: home staging, relocation, real estate toolkit, etc.

Contact me today for all your Real Estate needs - 858-335-1345


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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