92116 7-day Market Update (3/31/21)

92116 7-day Market Update (3/31/21)

Here is a 7-Day Market Snapshot for 92116 as of March 29, 2021.

🏡⭐ NEW LISTINGS: There have been 6 detached homes listed and 2 attached homes listed for sale.

📃👏 IN ESCROW: 4 detached homes and 3 attached homes went into pending status.

🔑 RECENTLY CLOSED: 2 detached homes and 3 attached homes have closed escrow.

📅 AVERAGE DAYS ON MARKET: Detached homes were on the market for an average of 10 days, whereas Attached homes averaged 10 days on the market.

💸 30-DAY RUNNING MEDIAN SOLD PRICE and YOY CHANGE: The median sold price for homes in 92116 for the past 30 days was $1,200,000 for detached homes, which is up 50% YOY and $375,000 for attached homes, equating to a decrease of 0.3%. Wonder why sometimes numbers can be so crazy or out of whack? LMK, I’d love to share so you can better understand the market and these updates