SAN DIEGO REAL ESTATE MARKET, CALIFORNIA
JANUARY-APRIL, 2006 PERFORMANCE
Now that the Memorial Day celebrations have actually ended up and the summertime home purchasing season has actually started, this is a great time to take a look at the efficiency of the San Diego Real Estate Market. This analysis concentrates on the duration starting January 1, 2006 through April 30, 2006.
Possibly the very best location to start is to take a look at the variety of homes cost each of these 4 months.
In January of 2006, 1,115 homes offered in San Diego County versus 1,523 homes January 2005. In February of 2006, 1,140 homes offered in the County, compared to 1,491 in February 2005, which represents a 23.5% reduction. In March 2006, 1802 homes offered, compared to 2,191 in March 2005, which represents a 17.8% decline.
In January of 2005, on average, it took 61 days to offer a home, compared to 69 days in January 2006, which represents a 13.1% boost. In March 2005, on average, homes took 54 days to offer, compared to 67 days in March 2006, which represents a 24.1% boost.
The info above enables us to make some conclusions about the San Diego realty market for the very first 4 months of 2006. While the market stays robust, presently supply surpasses present need, enabling property buyers more choices and more working out power. This is likewise producing a scenario in which homes are remaining longer on the marketplace before they offer, a plain contrast to the San Diego market for the last couple of years in which need has actually far surpassed supply.
On this website, you can browse the MLS for San Diego homes and condominiums for sale, see home images, addresses, virtual trips, and tax info. You can likewise assess the qualities of every neighborhood in San Diego, assess the quality and efficiency of schools in this area, see highlighted home sale listings, and use and examine for numerous home loan programs.
For additional information, contact:
Rocky Lall, MBA, Realtor, e-pro
Accredited Buyer Representative
Real estate Executives
7510 Clairemont Mesa Blvd
.
Suite 206. San Diego, CA 92111.
rocky@sdhomedatabase.com!.?.!( 619) 980-2702.
In January of 2006, 1,115 homes offered in San Diego County versus 1,523 homes January 2005. In January of 2005, on average, it took 61 days to offer a home, compared to 69 days in January 2006, which represents a 13.1% boost. In March 2005, on average, homes took 54 days to offer, compared to 67 days in March 2006, which represents a 24.1% boost. On this website, you can browse the MLS for San Diego homes and condominiums for sale, see home images, addresses, virtual trips, and tax details. You can likewise examine the qualities of every neighborhood in San Diego, assess the quality and efficiency of schools in this area, see highlighted home sale listings, and use and examine for different home loan programs.