92116 7-day Market Update (3/4/21)

Here is a 7-Day Market Snapshot for 92116 which includes Normal Heights, Kensington, and University Heights as of March 1, 2021.

🏡⭐ NEW LISTINGS: There have been 1 detached home listed and 1 attached home listed for sale.

📃👏 IN ESCROW: 3 detached homes and 0 attached homes went into pending status.

🔑 RECENTLY CLOSED: 3 detached homes and 1 attached home have closed escrow.

📅 AVERAGE DAYS ON MARKET: Detached homes were on the market for an average of 9 days, whereas Attached homes averaged 62 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 $847,000 for detached homes, which is up 1.9% YOY and $530,000 for attached homes, equating to an increase of 14.6%.