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This Week
Real-Time Market Profile Trend
Median List Price $ 562,500 ±+
Asking Price Per Square Foot $ 290 ±+
The median list price in SAN DIEGO, CA 92128 this week is Average Days on Market (DOM) 141 ==
$562,500.
Percent of Properties with Price Decrease 37 %
Percent Relisted (reset DOM) 12 %
Inventory has been lightening lately and the Market Action Index
has been trending up. Though days-on-market is increasing, these Percent Flip (price increased) 4%
are mildly positive indications for the market. Median House Size (sq ft) 1892
Median Lot Size 8,001 - 10,000 sqft
Median Number of Bedrooms 3.0
Median Number of Bathrooms 2.5
Home sales have been exceeding new inventory for several weeks. ±+ No change == Strong upward trend ≠≠ Strong downward trend
Since this is a Buyer's market prices are not yet moving higher as
excess inventory is consumed. However, the as supply and demand = Slight upward trend ≠ Slight downward trend
trends continue, the market moves into the Seller's zone, and we are
likely to see upward pressure on pricing.
Price
Market Action Index In the last few weeks we've seen prices in this zip code bouncing
around this plateau. Look for a persistent down-shift in the
Market Action Index before we see prices deviate from these
levels.
Price Trends
Quartiles
7-Day Rolling Average 90-Day Rolling Average
6,501 -
Upper/Second $ 635,000 2196 8,000 sqft 4.0 2.5 21 31 4 3 134 Upper-middle 25% of properties
8,001 -
Lower/Third $ 525,000 1762 10,000 sqft 3.0 2.0 24 32 2 1 117 Lower-middle 25% of properties
6,501 -
Bottom/Fourth $ 377,000 1515 8,000 sqft 3.0 2.0 40 32 0 1 164 Least expensive 25% of properties
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