San Diego’s Median Sales Price Increases

San Diego’s median sales price for both single family homes as well as condo’s and town homes, continues to increase.  According to the San Diego Association of Realtors, who track data from the local countywide MLS system, found the median sales price for San Diego condos during the month of November increased to $310,000.  This is up dramatically from November of 2012’s median price of $260,000.  

The median sales price for a single family home in San Diego was also up this November to $469,000.  This is in comparison to November 2012 were the median sales price was just over $400,000 at $408,000.  

The chart below illustrates the gradual gain in median sales prices for San Diego from December last year to November this year.  The chart is also provided SDAR and illustrates the upward movement for both single family homes as well as condos throughout San Diego.

Median Sales Price nov 2013


With the increase in sales prices we, not surprisingly, see a decrease in the amount of time it takes for a home to sell in San Diego.  The average days on the market for November 2013 came in at 50.  This is compared to 81 days in November 2013.  


San Diego’s housing market continues to gain momentum and remains competitive.  If you are seeking to invest, or to sell you home and net top dollar, call me- I can help.


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