Real Estate Watch – Century 21 United Brokers
A Look at 92067’s Real Estate Numbers
The figures are in for September, and the numbers remain mixed for home sales in 92067. A quick comparison to the same time period last year shows some minor fluctuations.
92067 experienced a little tightening of available inventory in September with a total of 32 new single family home listings hitting the market, compared to 38 new listings in September 2016 (a drop of 15%). The total inventory of single family homes for sale was also down 19% with 189 homes available for purchase (versus 234 during the same period last year).
The average number of days that homes were on the market during September was 107 days (compared to 118 days in September 2016). The 9.3% faster selling time is consistent with the drop in inventory supply, but this market time varies greatly month after month in 92067.
The values of recent homes sold are also slightly lower – or at least they’ve been a little flat. Although the median sales price of a 92067 single family home during the month of September was $2,421,000 (an increase of 25% compared to last September’s $1,932,500 median price), the year to date median sales price for a single family home in 92067 is a bit lower at $2,150,000 (which is a 1.4% 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.
Realtor® | CalBRE #: 01436430