aug-2016-point-loma-home-sales-report

Summer has sped by quickly here in Point Loma and homes seem to be moving even faster.   The latest Home Sale numbers from August are in and some key year-to-date stats really stand out:

  • In 92106, the first eight months of 2016, there has been +9% change in the number of transactions of single family homes Sold over 2015.
  • The number of homes Sold for less than $1,000,000 accounted for 52% of the activity.
  • The median of $980,000 in 2016, was $900,000 in 2015. This represents a +9% increase.
  • In the first eight months, the market total volume in dollars increased +28% to $194,000,000 from $151,000,000.

Overall we’re still in a seller’s market, with prices still surging upwards and market time at record lows.  If you’re thinking of selling, make sure you get your up-to-the-minute Home Valuation, as the numbers are changing every month.

 

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Data based on MLS records and may not include off-MLS transactions

92106 Single Family Detached
Number Of Homes Sold
August 2016: 17
August 2015: 17
Year to Date: 153

 

92106 Single Family Detached
Median Sale Price
August 2016: $1,010,000
August 2015 : $870,000
Year to Date: $981,500

92106 Single Family Detached
Median Days on Market
August 2016: 20
August 2015: 27
Year to Date: 18

 

92106 Single Family Detached
New Listings
August 2016: 36
August 2015: 33
Year to Date: 326

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