June 2019 Market Overview | San Diego County
The total number of homes for sale for the month of June 2019 were down 1.7% as compared to June 2018 and New Listings were significantly lower than the same month last year by -11.3% (4,975 new listings in June 2018 as compared to 4,413 new listings in June of this year). Less homes on the market and fewer new listings means that there are less homes available for potential buyers to buy. Assuming that there are a sufficient number of buyers looking to purchase a new home, this benefits Sellers, as there is less competition in the marketplace. If you are considering selling your home, now is a good time to seriously consider listing it for sale!
Pending Sales were up by 3.5% over the same month last year indicating that the buyer market is, in fact, strong. This is supported by the fact that Sellers received 98% of their original asking price. The median sales price increased by 3.4% over June of 2018.
If you live in San Diego County and would like detailed market information relating to your market area (zip code) go to my website at www.Exclusive-RealEstate.net and on the home page, scroll down to the blue link “Research Local Market Statistics”. For an even more detailed Comparable Market Analysis for your specific home and neighborhood, please call or text me at 619.807.7802 or email me at Brad.Clark@Exclusive-RealEstate.net .
Whether you are looking to Sell or Buy I can help you with all of your real estate needs in San Diego County and SW Riverside County. Call me at 619.807.7802
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