21 Feb Home Prices & Sales Up to Begin the Year
The median price for single-family homes in San Diego County rose 5.4% in January compared to last January. The median price has been higher than the year before every month since May 2012.
Single-family home sales eked out a 0.6% gain year-over-year. There were 1,379 homes sold in January. This is 30% below average.
Inventory continues to be problematic. There were 3,632 homes for sale as of February 10th. This is almost 60% less than average.
On nearly every home that we have sold since January 1st, we have been able to orchestrate multiple offers and sell these homes for our client, in many cases, above the list price-and the fair market value.
If you would like an accurate home evaluation for your home, or rental property, please contact me at cell # 858-336-1114 or via email: [email protected]
We routinely work in 67 different communities throughout greater San Diego and have expertise in property values throughout the County.
We are well-versed in handling the marketing and sale of single-family homes, condos, multi-million dollar Estate properties as well as small income properties (duplexes/4-plexes, etc.) and multi-unit apartment buildings, as well.
There is no cost or obligation so please feel free to contact me-anytime-if you would like a current and accurate estimate of your properties value.
What I can provide for you is far more accurate than what you will find online-because sites like Zillow, etc. utilize ‘Auto-Valuation Models, or ‘AVM’s, and they are notoriously inaccurate by 8% to 15%.
They average several comps-when one of the first rules of Appraisal is you never average!
Please contact me if I can help you.