San Diego Home Info by Gretchen Pagnotta
Archive for the 'market trends' Category
[youtube width="425" height="344"]http://www.youtube.com/watch?v=nLVlVW5M4Vg&feature=plcp[/youtube]Single Family Home Trends in Rancho Bernardo
This is information is taken from Market Quest and is considered accurate data from MLS sources but not guananteed. Every neighborhood has distinct trends and the best research is done on individual neighborhoods comparing like homes.
This information is for year to date January 2012 through July 10, 2012 for Rancho Bernardo, 92128 single family homes. The Total Inventory of Properties available for sale as of June was 120, up 15.4% from 104 last month and down -36.5% from 189 in June of last year. June 2012 Inventory was at the lowest level compared to June of 2011 and 2010.
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The June 2012 MSI of 2.4 months was at its lowest level compared with June of 2011 and 2010.
|June Property sales were 50, up 42.9% from 35 in June of 2011 and equal to 0.0% 50 sales last month. June 2012 sales were at a mid level compared to June of 2011 and 2010. June YTD sales of 253 are running 28.4% ahead of last year’s year-to-date sales of 197.|
Home Prices are Up in Rancho Bernardo
The Median Sales Price in June was $527,000, up 17.1% from $450,000 in June of 2011 and up 12.4% from $468,750 last month. The Average Sales Price in June was $541,272, up 14.6% from $472,253 in June of 2011 and up 11.5% from $485,564 last month. June 2012 ASP was at highest level compared to June of 2011 and 2010.