Were summer home sales hot or cold in San Diego?
Foreclosure filings declines, time to foreclosure increases in some states
July 19, 2011Foreclosures made up 31 pct. of home sales in 2Q
August 28, 2011Were summer home sales hot or cold in San Diego?
San Diego home prices and sales were down in July, show Monday’s real estate report from La Jolla-based DataQuick.
The county in July recorded 3,041 total sales — including single-family resales, condos and new homes — the lowest number for a July since 1995 when there were 2,373. Sales were down 11.7 percent from June and 0.9 percent from a year ago. A similar month-over-month decline was seen throughout the Southern California region.
July’s median price for all housing types was $325,000, down 1.5 percent from June and down 3.8 percent from a year ago.
June-to-July sales on average across Southern California have fallen 4.8 percent since DataQuick began tracking housing numbers in 1988. July’s sales numbers were the third-lowest on record for a July and 29.8 percent below the July average of 25,752 sales.
Bear in mind: When looking at all months, June has had the highest number of sales most often in eight of the past 23 years of DataQuick tracking. Meanwhile, July has had the highest sales twice during that timeframe.
