Most Recent 12 Months of Residential Real Estate Activity in San Diego

Here is the good news the media never gives you.

Inventory is down....
Sales are up this quarter over the same quarter 12 months ago....
Pending Sales are up this quarter over the same quarter 12 months ago...
Interest Rates are at the lowest we have ever seen....

Wake up out there......

Now is the time to buy up....

So... give us a buzz... Terri and Paul Guess... 760-NEW-HOME   760-639-4663

Facts and Trends TM Published October 2011* Location:   San Diego County Price Range:   $0 - No Limit SQFT Range:   0 - No Limit Property Types:   All Res Prop Year Built:   0 - No Limit Prepared for you by: Terri and Paul Guess Number of Homes For Sale vs. Sold vs. Pended vs. New Listing (Jul. 2010 - Sep. 2011) Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago Sep. 11 Aug. 11 % Change Sep. 11 Sep. 10 % Change Jul. 11 to Sep. 11 Jul. 10 to Sep. 10 % Change For Sale 11370 11930 -4.7% 11370 13433 -15.4% 11854 13202 -10.2% New Listing 3911 4616 -15.3% 3911 4699 -16.8% 4382 4984 -12.1% Sold 2612 2967 -12% 2612 2736 -4.5% 2814 2790 0.9% Pended 2843 3155 -9.9% 2843 2544 11.8% 2949 2752 7.2% Average Price per SQFT (Jul. 2010 - Sep. 2011) Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago Sep. 11 Aug. 11 % Change Sep. 11 Sep. 10 % Change Jul. 11 to Sep. 11 Jul. 10 to Sep. 10 % Change Avg. Sq. Ft. Price 233 236 -1.2% 233 241 -3.5% 234 241 -2.8% Avg Days On Market & SP/Orig LP % (Jul. 2010 - Sep. 2011) Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago Sep. 11 Aug. 11 % Change Sep. 11 Sep. 10 % Change Jul. 11 to Sep. 11 Jul. 10 to Sep. 10 % Change Days on Market 84 84 0%     84 87 -3.4% 83 81 2.5% Sold/Orig LP Diff. % 91 91 0%     91 92 -1.1% 91 93 -2.2% Average Price of For Sale and Sold (Jul. 2010 - Sep. 2011) Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago Sep. 11 Aug. 11 % Change Sep. 11 Sep. 10 % Change Jul. 11 to Sep. 11 Jul. 10 to Sep. 10 % Change Avg. Active Price 744 750 -0.8% 744 757 -1.7% 745 787 -5.3% Avg. Sold Price 407 403 1% 407 410 -0.7% 406 411 -1.2% Months of Inventory Based on Closed Sales (Jul. 2010 - Sep. 2011) Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago Sep. 11 Aug. 11 % Change Sep. 11 Sep. 10 % Change Jul. 11 to Sep. 11 Jul. 10 to Sep. 10 % Change Months of Inventory (Closed Sales) 4.4 4 8.3% 4.4 4.9 -11.3% 4.2 4.7 -11% Date 7/10 8/10 9/10 10/10 11/10 12/10 1/11 2/11 3/11 4/11 5/11 6/11 7/11 8/11 9/11 For Sale 12867 13305 13433 13152 12669 11999 12259 12121 11995 12120 12291 12520 12263 11930 11370 New Listing 5213 5041 4699 4295 3827 3269 5352 4560 5323 4890 5108 4986 4620 4616 3911 Sold 2788 2846 2736 2530 2310 2889 2060 2134 2911 3047 2922 3115 2862 2967 2612 Pended 2827 2886 2544 2555 2422 2188 2501 2623 3288 3029 3064 3040 2849 3155 2843 Months of Inventory (Closed Sales) 4.6 4.7 4.9 5.2 5.5 4.2 6 5.7 4.1 4 4.2 4 4.3 4 4.4 Months of Inventory (Pended Sales) 4.6 4.6 5.3 5.1 5.2 5.5 4.9 4.6 3.6 4 4 4.1 4.3 3.8 4 Absorption Rate (Closed Sales) % 21.7 21.4 20.4 19.2 18.2 24.1 16.8 17.6 24.3 25.1 23.8 24.9 23.3 24.9 23 Absorption Rate (Pended Sales) % 22 21.7 18.9 19.4 19.1 18.2 20.4 21.6 27.4 25 24.9 24.3 23.2 26.4 25 Avg. Active Price 815 787 757 738 715 689 674 680 694 715 729 740 742 750 744 Avg. Sold Price 415 408 410 414 414 413 374 397 416 406 415 411 409 403 407 Avg. Sq. Ft. Price 241 241 241 240 245 238 222 234 239 237 238 235 234 236 233 Sold/List Diff. % 97 96 96 96 96 95 96 96 96 96 96 96 96 95 96 Sold/Orig LP Diff. % 94 92 92 91 91 91 91 90 91 92 91 92 92 91 91 Days on Market 76 79 87 82 88 89 95 95 90 91 84 84 82 84 84 Median 330 327 322 323 322 325 298 302 320 316 316 320 320 315 310 If your email program is not displaying the chart graphs properly, please click on the following link which will take you to a web page that contains the graphs: Show Chart *All reports are published October 2011, based on data available at the end of September 2011. All reports presented are based on data supplied by CARETS. CARETS does not guarantee or is not in anyway responsible for its accuracy. Data maintained by CARETS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.

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