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Home sales up 34 Percent, according to Greater San Diego Association of REALTORS

Home sales up 34 Percent, according to Greater San Diego Association of REALTORS

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Published by Tony Manolatos
SAN DIEGO – November 8, 2012: New statistics from the Greater San Diego Association of REALTORS® (SDAR) show the median price of single-family homes in San Diego County – $400,000 – is 13 percent higher than it was a year ago. The median price for condos and townhomes, meanwhile, is 19 percent higher than it was in October 2011.
SAN DIEGO – November 8, 2012: New statistics from the Greater San Diego Association of REALTORS® (SDAR) show the median price of single-family homes in San Diego County – $400,000 – is 13 percent higher than it was a year ago. The median price for condos and townhomes, meanwhile, is 19 percent higher than it was in October 2011.

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Published by: Tony Manolatos on Nov 08, 2012
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11/08/2012

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CONTACT: Dana Varga, Interim Director of Marketing and Communications(858) 699-8475 ordvarga@sdar.com.
Positive New Housing Statistics from theGreater San Diego Association of REALTORS® Indicate ‘San Diego isbecoming a real estate town again’
Median prices of single-family homes are up 13 percent from a year ago and sales are up 34 percent over thesame period
SAN DIEGO – November 8, 2012:
New statistics from the Greater San DiegoAssociation of REALTORS® (SDAR) show the median price of single-family homes inSan Diego County – $400,000 – is 13 percent higher than it was a year ago. Themedian price for condos and townhomes, meanwhile, is 19 percent higher than itwas in October 2011.More good news: October sales of existing homes swung in the positive direction.Single-family home sales increased 10 percent from the previous month, andcondos/townhomes sales were up 6 percent. Compared to last October, single-family home sales are up 34 percent; sales for condos and townhomes are up 18percent over the same period.“There’s really only positive, encouraging news in these new numbers,” SDAR BoardPresident Donna Sanfilippo said. “You can’t help but feel good about what we’reseeing in the San Diego County real estate market. Homes are moving and pricesare increasing. If our recent First-Time Home Buyer Clinic is any indication, whichturned into a standing-room only event, San Diego is becoming a real estate townagain.”SDAR’s housing statistics are compiled from the Multiple Listing Service (MLS). Click
for a detailed look at the numbers. Here is a summary:
HIGHLIGHTS OF SDAR’S LATEST HOUSING STATISTICS:MEDIAN SALES PRICEComparing October 2012 to September 2012
Single-Family: 1.2% DECREASE
October 2012 = $400,000September 2012 = $405,000
4845 Ronson Court, San Diego, CA, 92111 ■ (858) 715-8000 www.sdar.comFax: (858) 715-8088 MLS Phone: (858) 715-8040 MLS Fax: (858)715-8090 Toll-free: (800) 525-2102North County: 16383 Bernardo Center Drive, San Diego, CA, 92128 (858) 592-7171 Fax: (858) 592-7179

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