SAN DIEGO HOUSING MARKET, CALIFORNIA
JANUARY-APRIL, 2006 PERFORMANCE
The summer home-buying period has begun and now that the Memorial Day parties have completed, it is a good time to look at the efficiency of the San Diego Real Estate Market. This research focuses o-n the time beginning January 1, 2006 through April 30, 2006.
Possibly the best place to begin with is to look at the number of houses sold for each of these four months.
In January of 2006, 1,115 homes marketed in San Diego County versus 1,523 homes January 2005. This represents a 26.8% drop in sales. In February of 2006, 1,140 homes sold in the County, in comparison with 1,491 in February 2005, which represents a 23.5% decrease. In March 2006, 1802 domiciles offered, in comparison with 2,191 in March 2005, which signifies a 17.8% decrease. In Might of 2006, 1604 houses sold, in comparison with 2409 in April 2005, which shows a 33.4% drop. So the market has clearly turned now from the sellers market, to more of a balanced or buyer-friendly market. We discovered official site by browsing newspapers.
Just as interesting may be the change within the time it takes to offer a property. In January of 2005, normally, it took 61 days to offer a home, com-pared to 69 days in January 2006, which shows a 13.1% increase. In February 2005, the typical home took 60 days to market, compared to 68 days in February 2006, which is really a 13% increase. In March 2005, normally, houses took 5-4 days to sell, compared to 6-7 days in March 2006, which represents a 24.1% increase. In May 2005, normally, houses took 51 days to-sell, compared to 63 days in May 2006, which represents a 23.5% increase.
The info above permits us to make some conclusions about the San Diego housing market for the first four months of 2006. To learn more, you are able to view at: discount convenient blue sky reliable estate sales. First, as the market remains robust, currently offer exceeds current demand, more bargaining power and allowing buyers more choices. If you think anything, you will probably need to discover about fascinating blue sky reliable estate sales. This is also producing a situation in which houses are staying longer on-the market before they provide, a marked contrast to the San Diego market for the last couple of years in which desire has far outweighed present.
Please visit http://www.sdhomedatabase.com, If you are interested keeping up-to-date about the North Park housing market. On this web site, it is possible to search the MLS for condos and Hillcrest domiciles for sale, see home photos, addresses, personal tours, and tax information. You can also evaluate the traits of every group in Hillcrest, evaluate the quality and performance of schools in this area, see featured home purchase results, and evaluate and apply for various home loan programs. SDHomeDataBase.com is area of the Realty Executives system, an international property company with about 15,000 agencies worldwide.
For more information, contact:
Rocky Lall, MBA, Realtor, e-pro
Accredited Buyer Representative
7510 Clairemont Mesa Blvd
San Diego, CA 92111