HOMES

Prices remain high, but down from July

Prices remain high, but down from July

August sales of previously owned homes in San Diego County drooped in the late summer heat, according to housing statistics compiled through the Multiple Listing Service by the Greater San Diego Association of Realtors®.

Resale single-family home purchases in the county were down more than 8 percent in August compared to July, and condominiums and townhomes (attached properties) dipped 7 percent from the prior month. Compared to the same month last year, single-family home sales were down over 18 percent, and condos/townhomes were down more than 17 percent. However, the number of new listings of homes for sale is up 13 percent from a year ago.

The median price of single-family homes countywide reached $670,000 in August, up more than 2.5 percent from July. Condo and townhome median prices dipped a bit month-over-month, settling at $425,000. Prices of all resale homes have increased a solid 8 percent from a year ago.

In August and throughout the year, single-family properties are closing escrow in an average of 30 days, while attached properties are closing in about 24 days.

“Despite some lackluster numbers in our region’s resale housing, the overall economy is performing well,” said SDAR President Steve Fraioli. “We particularly want potential buyers to know that the supply of homes on the market has grown nearly 20 percent from a year ago.”

Scripps Ranch
Thirty single family homes in Scripps Ranch were sold in August, with 180 total sold so far in 2018. The homes averaged 25 days on the market in August and an average of 22 days on the market for the year 2018. The median price of single family homes sold in Scripps Ranch in August was $960,750 and the average median price is $967,450 for 2018 so far. That’s $50,750 more than August 2017, and the median price year to date for 2018 is $67,450 more than the median price for 2017 overall at this time last year.

There were 15 attached homes (condominiums or townhomes) sold in Scripps Ranch last month, with 121 sold in 2018 year to date. Attached homes were on the market in Scripps Ranch an average of 21 days in August and an average of 14 days on the market for 2018 so far. The median price of attached homes sold in Scripps Ranch in August was $530,000 and the median price for 2018 so far year to date is $537,500. That’s $67,000 more than August 2017, and the median price for 2018 year to date is $72,000 more than the median price for 2017 at this time last year.

San Diego County
In August, the ZIP Codes in San Diego County with the most single-family home sales were:
92127 (Rancho Bernardo West) with 57
92028 (Fallbrook) with 52
92127 (Escondido East) with 51
92064 (Poway) with 49
92130 (Carmel Valley) with 48

The most expensive single-family property sold in August in San Diego County was an oceanfront property in the Bird Rock neighborhood of La Jolla, built in 1996, with 6,500 square feet, a private entry courtyard, 6 bedrooms, 9 baths, and a sale price of $8.85 million.

NOTE: The median home price is the price in which half of the homes sold for more, and half sold for less. It is a more typical price measure than average price, which can be skewed high by a relative handful of million-dollar-plus transactions.

SDAR’s housing statistics are compiled monthly from the Multiple Listing Service (MLS). Here is a summary:

MEDIAN SALES PRICE
Comparing August 2018 to July 2018 (month over month)
Single-Family: 2.6 percent increase
August 2018 = $670,000
July 2018 = $653,250
Condos/Townhomes: 1.4 percent decrease
August 2018 = $425,000
July 2018 = $431,000

MEDIAN SALES PRICE
Comparing August 2018 to August 2017 (year over year)
Single-Family: 9.8 percent increase
August 2018 = $670,000
August 2017 = $610,000
Condos/Townhomes: 6.3 percent increase
August 2018 = $425,000
August 2017 = $400,000

TOTAL SOLD LISTINGS
Comparing August 2018 to July 2018 (month over month)
Single-Family: 8.1 percent decrease
August 2018 = 1,902
July 2018 = 2,070
Condos/Townhomes: 7.0 percent decrease
August 2018 = 971
July 2018 = 1,044

TOTAL SOLD LISTINGS
Comparing August 2018 to August 2017 (year over year)
Single-Family: 18.2 percent decrease
August 2018 = 1,902
August 2017 = 2,325
Condos/Townhomes: 17.3 percent decrease
August 2018 = 971
August 2017 = 1,174

574 thoughts on “Prices remain high, but down from July”

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  414. The majority of nodes just verify transaction validity, store the ledger, and inform other nodes of modifications. On the other hand, a subset of nodes known as miners compete to create new blocks. Miners are basically changing the state of the ledger, about who owns what, when they generate new blocks. “Thank you, Governor Hochul, for stepping up to protect New Yorkers from corporate bullies who want to exploit communities like mine in the Finger Lakes,” Yvonne Taylor, vice president of Seneca Lake Guardian, an environmental group that has pushed for the closure of a local gas-powered cryptocurrency facility. “The crypto industry is going to whine that this is a blow, but it’s not.” IP: 176.114.9.174 Bitcoin also stands out because of the industrial-scale mining operations, or farms, it has spawned. The largest crypto facilities with the most advanced technology are focused primarily or exclusively on Bitcoin, like the Genesis Mining farm, which consumes more electricity than any other company in Iceland. One of the biggest farms in North America is Riot Blockchain’s Texas facility, which occupies three large warehouses on 100 acres of land containing 60,000 mining computers focused only on Bitcoin.
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    Litecoin price predictions remained overall bullish last month, even as prices fell. So, let’s take a closer look at what experts are saying now as LTC pulls back into the green. The bearish divergence developed between November 6 and 23’s higher highs and the Relative Strength Index’s (RSI) lower lows in the same period. This discrepancy hints that the momentum is waning, but the price increases due to inertia. However, this uptick in Litecoin price is unlikely to sustain forever, so market participants must prepare for a trend reversal. Litecoin or LTC is often referred to as the silver to Bitcoin’s gold and is one of the first “alternative” cryptocurrencies, aka Altcoins. Visit a quote page and your recently viewed tickers will be displayed here.

  415. FOR IMMEDIATE RELEASEEDMONTON – NOVEMBER 28, 2022 – Just in time for the holiday season, a winter beverage with a twist hits store shelves this fall in Ontario. Bubble Bud Inc., the licensed producer behind Zèle Cannabis-Infused Craft Beverages announces the imminent drop of Sarsaparilla Indica Craft Soda, a smooth, full-flavoured Root Beer, available to retailers on November 24th. personally, we’re locals who want to help you enjoy your time in edmonton as much as we do (or more). professionally, we focus on giving you a great cannabis shopping experience. we believe the best way to do that is to offer a hand-picked selection of great products at great prices (oh by the way, we price-match with AGLC). A Guide to Medical Cannabis Dosing
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  430. O Campeonato Brasileiro da Série A iniciou a edição de 2022 neste sábado (09), com três partidas. Abaixo, confira os resultados dos jogos de hoje do Campeonato Brasileiro Série A. Você pode se inscrever para receber um e-mail quando novos países e recursos forem lançados. Todos os integrantes da Série D do Brasileirão completaram dois jogos no torneio. Em partidas atrasadas jogadas nesta última quarta-feira (27/4), o Costa Rica-MS venceu o Ação-MT por 2 a 0 e Azuris-PR derrotou o Caxias-RS por 1 a 0. Dentre as 64 equipes competidoras do certame, apenas sete conseguiram duas vitórias e emplacaram 100% de aproveitamento (Porto Velho-RO, Amazonas-AM, Fluminense-PI, Retrô-PE, São Paulo Crystal-PB, ASA-AL e Aimoré-RS).
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