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This Week
Real-Time Market Profile Trend
Median List Price $ 520,000 ==
Asking Price Per Square Foot $ 290 ±+
The median list price in SAN DIEGO, CA this week is $520,000. Average Days on Market (DOM) 135 ≠≠
Percent of Properties with Price Decrease 28 %
Percent Relisted (reset DOM) 8%
Inventory is up and Market Action is trending down recently. While
days-on-market appears to be trending lower, the overall Percent Flip (price increased) 7%
conditions are weakening a bit. Median House Size (sq ft) 1764
Median Lot Size 6,501 - 8,000 sqft
Median Number of Bedrooms 4.0
Median Number of Bathrooms 2.0
In terms of supply and demand, the market is getting cooler - more ±+ No change == Strong upward trend ≠≠ Strong downward trend
supply is coming on the market relative to the sales demand.
However, in recent weeks prices have been moving higher. Since it is = Slight upward trend ≠ Slight downward trend
technically a Buyer's market, this price trend may be a result of
improved quality (newer, larger homes) of the homes being listed.
Look at the descriptive statistics where you may notice the homes
being listed are larger and younger than they have been in the past. Price
Market Action Index Prices continue their climb again this week. We're a long way
from the market's price high-point so watch the Market Action
Index as an indicator of how long this trend will last.
Price Trends
Quartiles
7-Day Rolling Average 90-Day Rolling Average
6,501 -
Upper/Second $ 644,500 2058 8,000 sqft 4.0 2.5 32 600 92 51 126 Upper-middle 25% of properties
4,501 -
Lower/Third $ 400,000 1471 6,500 sqft 3.0 2.0 45 601 82 67 110 Lower-middle 25% of properties
4,501 -
Bottom/Fourth $ 239,000 1230 6,500 sqft 3.0 2.0 50 601 75 64 134 Least expensive 25% of properties
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