South Bay 30-day Market Update (5/2/22)

Here is your 30-Day Market Snapshot for South Bay as of May 1, 2021.

🏡⭐ NEW LISTINGS: There have been 236 detached homes listed and 115 attached homes listed for sale.

📃👏 IN ESCROW: 226 detached homes and 125 attached homes went into pending status.

🔑 RECENTLY CLOSED: 175 detached homes and 94 attached homes have closed escrow.

📅 AVERAGE DAYS ON MARKET: Detached homes were on the market for an average of 16 days, whereas Attached homes averaged 26 days on the market.

💸 30-DAY RUNNING MEDIAN SOLD PRICE and YOY CHANGE: The median sold price for homes in South Bay for the past 30 days was $845,000 for detached homes, which is up 15.8% YOY and $642,500 for attached homes, equating to an increase of 26.6% YOY.

📈 As of 5/1/2022, the median YTD sales price of detached and attached homes in San Diego County was $735K. The median sales price of detached and attached homes in San Diego County is ⬆16.1% 📊

📞 Want to know more about the current market today? I’d love to answer your questions! 🙂 Schedule a call today.
https://calendly.com/matt-obrien-realtor