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May 2009 Home Sales Statistics For San Diego County...

Total Number of Sales Closed in May 2009

Ø      May 2009 had 2,691 closed sales or 90 closings per day

Ø      April 2009 had 2,787 closed sales or 91 closings per day

Ø      May 2009 sales are down slightly in comparison to April 2009 sales

 Detached Properties/Single Family Homes

Median Sales Price: $340,000

Ø      The median sales price is up ▲1.5% from April 2009.

Ø      Compared to May 2008, the median sales price is down ▼ 21.5%.

 Number Of Closed Sales: 1,786

Ø      The number of closed sales for detached properties is down ▼1.8% from April 2009.

Ø      Sales for detached properties are up ▲ 16.3% when compared to May 2008 sales.

Attached Properties/Condos/Townhomes

Median Sales Price: $204,000

Ø      The number of closed sales for attached properties is up ▲13.3% from April 2009.

Ø      Sales for attached properties, when compared with May 2008, are down ▼ 28.4%.

Number Of Closed Sales: 905

Ø      Sales for attached properties were down ▼ 0.4% from April 2009.

Ø      Sales for attached properties were up ▲ 15.4% compared to May 2008.

Average Days on the Market in May

Ø      78 Days for Attached Properties

Ø      71 Days for Detached Properties

Current # of Active Listings in the MLS As Of June 16, 2009

Ø      13,423

Ø      This number is 390 less ▼ units on the market than the 13,813 units of available inventory in May 2009.

Ø      13,423 listings equals 4.9 months of supply of available inventory. 

Source: San Diego Association of REALTORS

Posted: Tuesday, June 16, 2009 7:09 PM by Christopher Hutchinson

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