San Diego Housing Market Update – September 2014 Sales

Below is my monthly analysis of the San Diego housing market. It will show many different metrics to help us get an accurate “feel” for what the local market is like!

Activity Snapshot:

One-year change in closed sales

One-year change in median sales price

One year change in homes for sale

-7.5%

6.3%

-5.4%

Inventory levels (the number of homes on the market “actively” for sale) continues to stay strong. This San Diego housing market update showssan diego housing market update there are currently 8168 active listings in San Diego county, down slightly from 8350 last month.

According to Bankrate.com, interest rates continue to trend lower compared to previous months. They are currently at 4.08% for a 30-year fixed loan. This is well below the historical average of 6% or so, which is great for home buyers. To calculate your potential mortgage payment or see what you can afford, go HERE.

Finally, as you will see on the chart below, prices are starting to take on a more normal pattern. There are much more modest changes than the previous year, with a 6.3% increase in median prices, compared to over 20% a few months earlier. However, these higher prices are now resulting in a slow-down of the number of homes sold over a year ago.

The San Diego Association of Realtors analyses housing market date for San Diego county every month. Below is their monthly report. The figures combine both condos and townhomes, as well as single-family homes.

Housing stats san diego september 2014

Click To Enlarge

For more information on this topic:

619.384.2248
Ryan@RyanYourRealtor.com
Visit my Website: http://ryanyourrealtor.com
You can leave a response, or trackback from your own site.

3 Responses to “San Diego Housing Market Update – September 2014 Sales”

  1. ig says:

    I’m very pleased to uncover this web site. I need to to thank you for your time for this particularly fantastic read!!
    I definitely liked every bit of it and i also have you book-marked to check out new stuff on your site.

  2. ig says:

    Hmm it seems like your website ate my first comment (it was extremely long) so
    I guess I’ll just sum it up what I had written and say, I’m thoroughly enjoying your blog.
    I too am an aspiring blog writer but I’m still new to everything.
    Do you have any helpful hints for novice blog writers?
    I’d certainly appreciate it.

  3. ig says:

    Excellent post. I was checking constantly this blog and
    I am impressed! Very useful information specifically the last part 🙂 I care for such information much.

    I was seeking this particular info for a long time. Thank you and
    best of luck.

Leave a Reply

This theme is sponsored by California along with Texas, Radio and corporate office contact address
Sitemap