Real Estate Watch – Century 21 United Brokers
A Look at 92130’s Real Estate Numbers
The figures are in for August, and the numbers remain quite strong for home sales in 92130.
A quick comparison to the same time period last year shows some minor fluctuation, but nothing to “call home” about.
A total of 62 new single family home listings hit the market in August, compared to 51 new listings in August 2016 (an increase of 21.6%). Even with more listings hitting the market this year, 92130 experienced a tightening of available inventory. The total number of single family homes for sale was down 32.3% with 84 homes available for purchase in August (versus 124 during the same period last year).
The average number of days that homes were on the market during August was 29 days (compared to 32 days in August 2016). The 9.4% faster selling time is consistent with the drop in inventory supply.
92130 home values are very strong (and continue to be near an all-time high). The median year to date sales price of a 92130 single family home through August was $1,240,800 (an increase of 8.9% compared to last year’s $1,139,500 YTD median price).
If you are considering making a move, you should be able to do so with confidence. Give me a call to schedule a meeting. It’s important to work with someone that you trust, and I would love the opportunity to get to know you and discuss your real estate goals.