April 2022 Report
Single Family Homes in North County Inland, All Cities, All Neighborhoods Change >
Average Price$1,159,450
-3.9%
Pending Properties550
+25.0%
Sale/List Price Ratio106.5%
+0.9%
Days of Inventory60
+20.4%
Trends at a Glance
| Trends At a Glance |
Apr 2022 |
Previous Month |
Year-over-Year |
| Median Price |
$1,025,000 (-1.8%) |
$1,043,750 |
$815,000 (+25.8%) |
| Average Price |
$1,159,450 (-3.9%) |
$1,206,980 |
$954,553 (+21.5%) |
| No. of Sales |
327 (+5.5%) |
310 |
383 (-14.6%) |
| Pending |
550 (+25.0%) |
440 |
502 (+9.6%) |
| Active |
682 (+31.4%) |
519 |
345 (+97.7%) |
| Sale vs. List Price |
106.5% (+0.9%) |
105.5% |
103.2% (+3.2%) |
| Days on Market |
17 (-15.7%) |
20 |
22 (-22.3%) |
| Days of Inventory |
60 (+20.4%) |
50 |
26 (+131.5%) |
Market Commentary
The average sales price for single-family, re-sale homes hit a new high in April for the fourth month in a row. It rose 4.6% from March. It was up 25.7% year-over-year.
The median sales price for single-family, re-sale homes also set a new high last month, for the fourth month in a row. It was up 20.9% year-over-year. That is the thirty-first month in a row the median sales price has been higher than the year before.
Sales of single-family, re-sale homes in San Diego County were down 16.8% year-over-year. There were 2,011 homes sold last month. The average since January 2001 is 1,990.
Inventory rose 80.1% year-over-year. As of the 10th of May, there were only 4,591 homes for sale, compared to an average of 7,739.
Days of Inventory now stands at sixty-six. The average is 131.
Days on Market, or how long it took from when a home was listed for sale to when it went into escrow, was twenty last month. The average since January 2001 is fifty-seven days.
The median sales price for re-sale condos was up 24.5% year-over-year. It also set a new high for the fourth month in a row.
The average sales price for condos was up 25.1% year-over-year.
Condo sales were down 26.3% compared to last April.
Condos are selling in seventeen days, the average is fifty-five days.
Condo inventory rose 88.8% year-over-year. As of the 10th of May, there were 1,792 condos for sale.
Days of Inventory now stands at fifty-one. The average is 123.
If you would like to know what’s going on in your neighborhood, visit my on-line report and click on Recent Sales & Listings. That will tell you what is for sale and what has sold.