Although January sales of existing properties dropped more than 25 percent from December’s year-end numbers, single-family detached property sales were up 14.7 percent from a year ago, according to the San Diego Association of Realtors (SDAR) housing statistics released through the Sandicor Inc. Multiple Listing Service (MLS).
Condos and townhomes (attached properties), saw a decrease of 10.4 percent from a year ago.
Median prices for both single-family homes and condos continue to waver slightly up and down. December single-family homes prices decreased by 1.7 percent compared to last month and down by 5.4 percent from January of last year. Detached homes saw an increase in median prices of 2.4 compared to last month, and an increase of 5 percent compared to a year ago.
“January 2012 residential housing statistics reflect an encouraging increase of 14.7 percent for detached single-family total sold listings compared to last year,” said 2012 SDAR President Donna Sanfilippo. “In addition, median home prices are stable and reflect a slight decrease for both detached and attached listings sold year-over-year.”
4845 Ronson Ct.
Kearny Mesa, CA 92111
March 29, 2012 -- George Chamberlin talks to Linda Lee, a broker with Keller Williams San Diego Metro, about China's interest in investing in the U.S. real estate market.
Aug. 22, 2011 - Executive Editor George Chamberlin talks with Robert Kevane, president of the San Diego Association of Realtors, about the real estate market, employment and more.
Aug. 20, 2010 -- Executive Editor George Chamberlin speaks with Mark Marquez, 2010 SDAR president, at the San Diego Association of Realtors' Real Estate Summit.