A Look at 92067’s Real Estate Numbers

The figures are in for June, and the numbers remain mixed for home sales in 92067. A quick comparison to the same time period last year shows some minor fluctuation, but nothing to “call home” about.

92067 experienced a tightening of available inventory in June, with a total of 32 new single family home listings hitting the market, compared to 50 new listings in June 2016 – a significant drop of 36%. The total inventory of single family homes for sale was also down 20% with 209 homes available for purchase, versus 262 during the same period last year.

The average number of days that homes were on the market during June was 149 days, compared to 105 days in June 2016. The 42% slower selling time could suggest a possible softening of the high-end market.

The values of recent homes sold are also slightly lower. The median sales price of a 92067 single family home during the month of June was $2,144,000, a decrease of 16.8% compared to last June’s $2,577,500 median price. Year to date, the median sales price for a single family home in 92067 is also a bit lower at $2,105,000, which is a 6.5% decrease YTD over 2016.

If you are considering making a move, you should still be able to do so with confidence. Give me a call to schedule a meeting. It’s important to work with someone that you trust, and I would love the opportunity to get to know you and discuss your real estate goals.

rew_century21Jessica Breaux

Realtor® | CalBRE #: 01436430