SAN DIEGO — The 2009 December Multiple Listing Service statistics from the San Diego Association of Realtors showed the number of sold listings increased substantially from the previous month while the median price only deviated slightly.
Sold listings increased by 18 percent for detached homes and 6.7 percent for attached properties. The median sales price for detached homes also increased 2.7 percent from November while the median sales price for attached homes decreased slightly by 3.2 percent.
For 2009 overall, sales increased 16.5 percent for detached and attached homes increased 17.8 percent.
Despite recent increases, year-to-date median sales prices decreased from 2008. The median sales price for detached properties in 2009 was $355,000 compared to $400,000 in 2008, which is an 11.3 percent decrease. For attached properties the median sales price in 2008 was $245,000 while in 2009 it was $205,000, a 16.3 percent decrease.
Meanwhile, comparing December 2009 to the same time in 2008, the association saw an increase of 10.2 percent for detached properties and 7.5 percent for attached. The year to date price is also an improvement from where the San Diego market was in 2008 when the year to date median sales price was down 30 percent from 2007.
The Coast News has been delivering high-quality news, community voice and storytelling since its inception in 1987. Since then, the news organization has grown into a successful newsgroup covering a majority of San Diego’s populous North County region.