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July 9, 2008
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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 May 16, 2008.

Current Market Rating: 2




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2
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5
Buyer's

Seller's

Current Price Trend: 2




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2
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Falling

Rising

The following are the February 2008 statistics for both Detached and Attached homes.

1. The median price for all North County home sales - attached and detached - declined 6.25%
in February from January, decreasing $30,000 from $480,000 to $450,000.
a. Detached homes in North County decreased 8.44%, from January to February, from
$562,500 to $515,000.
i. Detached home prices OUTSIDE North County decreased 2.87%, from
December to January, from $423,500 to $411,500.
ii. February median single -family detached homes in North San Diego County
fell 16.26%, from $615,000 in February 2007. The median price OUTSIDE
North County for single -family homes fell 23.08% from the $535,000 a year
ago last month.
iii. The Countywide, the median price of homes sold decreased 7.37%, from
$475,000 in January 2008 to $440,000 in February, down 12.12% from the
February 2007 number.
b. Attached home prices in North County decreased during February by 4.91%, from
$326,000 a month earlier to $310,000.
i. Non-North County attached home prices fell 1.7% in February; from
$295,000 to $290,000.
ii. Non-North County attached homes decreased 20.55% from $365,000 a year
ago last month.
c. Median days-on-market for single -family detached homes in North County declined
from 68 to 64 days between January and February. The number of North County
single-family homes sold increased 21.37% last month, from 365 to 443. There was
a year-to-year decline of 11.58% from the 501 homes sold in February 2007.
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 14 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 nearly 80% 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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