Real Estate Report presented by Road Runner Realty

April 2022 Report

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


Median Price
$1,025,000
-1.8%
Average Price
$1,159,450
-3.9%
No. Sold
327
+5.5%
Pending Properties
550
+25.0%
Active
682
+31.4%
Sale/List Price Ratio
106.5%
+0.9%
Days on Market
17
-15.7%
Days of Inventory
60
+20.4%

Market Barometer

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Market Commentary

Home Sales Prices Set New Highs

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.

Prices & Sales

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Days of Inventory

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Sales to Date

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Sales Price Ratio

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