Real Estate Report presented by Tami McCraw

January 2024 Report

Single Family Homes in North County Inland, All Cities, All Neighborhoods Change >


Median Price
$885,000
-1.7%
Average Price
$1,011,490
+0.7%
No. Sold
252
-13.7%
Pending Properties
258
+22.9%
Active
232
+24.1%
Sale/List Price Ratio
99.4%
+0.3%
Days on Market
47
+14.5%
Days of Inventory
28
+43.8%

Market Barometer

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Market Commentary

Home Sales Prices Up, Sales Continue to Fall

The average sales price for single-family, re-sale homes rose 5.4% from December. It was up 7.7% year-over-year.

The median sales price for single-family, re-sale homes was up 1.6% from December. It was up 10.8% year-over-year.

Sales of single-family, re-sale homes in San Diego County were down 1.3% year-over-year. There were 865 homes sold last month. The average since January 2001 is 1,990.

There are 931 homes for sale. There are 848 homes pending.

Days on Market, or how long it took from when a home was listed for sale to when it went into escrow, was thirty-nine last month. The average since January 2001 is fifty-seven days.

The SP/LP ratio was 99.2% last month

The median sales price for re-sale condos was up 11% year-over-year.

The average sales price for condos was up 11.9%, year-over-year.

Condo sales were up 15.6% compared to last January. There were 504 condos sold last month.

There are 592 condos for sale.

The sales price to list price ratio for condos was 99.5%.

If you would like to know what’s going on in your neighborhood, visit my on-line report and click on Recent Sales & Listings. That will tell you what is for sale and what has sold.

 

Prices & Sales

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Days of Inventory

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Sales to Date

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Sales Price Ratio

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