Market Report

December 2018 Report

Single Family Homes in North County Inland, All Cities, All Neighborhoods Change >

Median Price

$625,000

+0.2%

Average Price

$688,816

+4.1%

No. Sold

441

-13.2%

Pending Properties

644

-14.1%

Active

1,471

-4.5%

Sale/List Price Ratio

98.1%

+0.5%

Days on Market

-1.0%

Days of Inventory

+6.4%

Trends At a Glance	Nov 2018	Previous Month	Year-over-Year
Median Price	$625,000 (+0.2%)	$623,500	$610,500 (+2.4%)
Average Price	$688,816 (+4.1%)	$661,925	$656,636 (+4.9%)
No. of Sales	441 (-13.2%)	508	578 (-23.7%)
Pending	644 (-14.1%)	750	735 (-12.4%)
Active	1,471 (-4.5%)	1,540	1,010 (+45.6%)
Sale vs. List Price	98.1% (+0.5%)	97.6%	98.3% (-0.2%)
Days on Market	41 (-1.0%)	42	39 (+4.7%)
Days of Inventory	97 (+6.4%)	91	51 (+90.9%)

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City

Neighborhood

Property Types

Date

Market Barometer

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Market Commentary

Home Sales Down in Nov 2018

Sales fell 13.2% from the month before, and were down 23.7% year-over-year.

Prices improved in Nov 2018 with the median price climbing 0.2% from the previous month, up 2.4% compared to last year. The average price rose 4.1%, a yearly gain of 4.9%.

Inventory fell 7.6% from last month, and was up 21.2% year-over-year.