Neal Hribar

NEAL HRIBAR | | HOME@HRIBAR.COM

California Properties Berkshire Hathaway Home Services

7030 Avenida Encinas, Suite 100 Carlsbad, CA 92011

(760) 822-8690 home@hribar.com

http://hribar.com/san-diego-real-estate-statistics.html CA BRE #00871930

dos are selling in thirty-two days, the average is fifty-five days.

The sales price to listing price ratio dropped to 97.8%. That is the lowest it has been since December 2016. The ratio for condos was 98.6%.

Inventory continues to be abysmal. It is just over one-half the average since 2001. As of the 10th of December, there were 4,711 homes for sale. We average 8,515!

Condo inventory is at 1,906 units for sale. The average is 3,460.

This is reflected in our Days of Inventory sta-tistic which is eighty-two for homes. The aver-age is one-hundred and forty-four.

There are sixty-four Days of Inventory for con-dos. The average is one-hundred and thirty-two.

If you would like to know what’s going on in your neighborhood, visit my on-line report and

After setting new highs in August, sales pricesfor single-family, re-sale homes in San Diego County dipped in September. Then in October, the average sales price set a new high. It was up 10.2% year-over-year. The median price gained 5%.

The median sales price for re-sale condomini-ums dipped from September, but it was up 3.3% year-over-year, while the average price gained 1.8%.

That’s seventy-seven months in a row the me-dian price for both homes and condos has been higher than the year before.

Home sales, meanwhile, were down 12.7% from last September. Condo sales were down 10.2%.

Year-to-date, home sales are off –11.1%, and condos are down –8.7%.

Homes continue to sell quickly, taking only forty days from coming onto the market to when they go under contract. The average since January 2001 is fifty-seven days. Con-

click on Recent Sales & Listings. That will tell you what is for sale and what has sold.

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to search for recent sales & listings in your neighborhood, or where you’re

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San Diego CountyAverage Monthly Active Listings SFR

© 2018 rereport.com

Oct 18 Sep 18 Oct 17Median Price: $630,000 $639,000 $600,000

Av erage Price: $831,862 $809,540 $754,718

Home Sales: 1,714 1,588 1,963

Pending Sales: 2,425 2,558 2,654

Activ e Listings: 4,711 4,634 3,464

Median Price: $418,500 $430,000 $405,000

Av erage Price: $487,027 $521,859 $478,519

Condo Sales: 900 794 1,002

Pending Sales: 1,071 1,164 1,181

Activ e Listings: 1,906 1,946 1,274

(Single-family Homes)

(Condos/Town Homes)

Trends at a Glance

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The chart above shows the National month-ly average for 30-year fixed rate mortgages as compiled by HSH.com. The average includes mortgages of all sizes, including conforming, "expanded conforming," and jumbo.

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San Diego County — Homes: Sold Prices & Unit Sales(3-month moving average — price in $000's)

Ave Med Sales © 2018 rereport.com

Cities Median Average Sale Pend Inve DOI SP/LP Med Ave Sales Pend Inven3SDC 630,000$ 831,862$ 1,714 2,425 4,711 82 97.8% 5.0% 10.2% -12.7% -8.6% 36.0%NCC 722,500$ 1,107,260$ 466 621 1,419 91 97.2% 4.7% 18.0% -14.2% -13.3% 20.3%

Cardiff by the Sea 1,430,000$ 1,729,000$ 10 11 21 63 95.1% 53.8% 42.2% 11.1% 37.5% 61.5%Carlsbad 957,800$ 1,049,568$ 66 117 144 63 98.6% 4.1% 3.9% -51.1% -34.6% -21.3%

Carmel Valley 997,685$ 1,108,740$ 36 54 101 84 97.6% -12.5% -12.6% 16.1% 5.9% 165.8%Del Mar 2,018,750$ 2,730,080$ 18 16 67 112 92.5% -19.3% 17.4% 28.6% -20.0% -19.3%

Encinitas 1,060,000$ 1,427,060$ 36 53 103 86 97.4% -6.6% 25.7% 100.0% 60.6% 128.9%Fallbrook 599,000$ 645,127$ 51 75 239 141 97.4% 11.2% 7.1% 15.9% -19.4% -15.2%

La Jolla 1,825,000$ 2,333,550$ 22 48 204 278 95.5% -13.4% 12.2% -43.6% 33.3% 45.7%Oceanside 506,500$ 529,009$ 154 150 220 43 98.8% -9.6% -8.4% 22.2% 13.6% 48.6%

Rancho Santa Fe 1,795,000$ 2,439,170$ 33 51 277 252 93.1% -8.1% 5.9% 37.5% 8.5% 27.6%San Marcos 545,500$ 557,739$ 75 87 158 63 98.3% -9.1% -5.7% 31.6% -10.3% 62.9%

Solana Beach 985,000$ 1,056,790$ 7 7 33 141 94.4% -51.7% -52.5% 40.0% 75.0% 120.0%Vista 495,000$ 511,816$ 61 102 192 94 98.2% 0.2% -2.3% -20.8% -1.9% 46.6%

North San Diego County Coastal - October 2018SINGLE-FAMILY HOMES % Change from Year Before

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© 2018 rereport.com

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NEAL HRIBAR BERKSHIRE HATHAWAY HOME SERVICES

HOME@HRIBAR.COM CA BRE #00871930

If your house is currently listed with another broker this is not intended as a solicitation of that listing.�

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San Diego County — Condos: Sold Prices & Unit Sales(3-month moving average — price in $000's)

Ave Med Sales © 2018 rereport.com

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San Diego County Homes: Year-Over-Year Median Price Change

© 2018 rereport.com

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San Diego County Homes: Sales Price/List Price Ratio

© 2018 rereport.com

Cities Median Average Sale Pend Inve DOI SP/LP Med Ave Sales Pend Inven3SDC 418,500$ 487,027$ 900 1,071 1,906 64 98.6% 3.3% 1.8% -10.2% -9.3% 49.6%NCC 537,470$ 602,497$ 234 269 468 60 98.3% 12.0% 4.3% -3.7% -12.4% 28.6%

Cardiff by the Sea 970,000$ 973,333$ 6 1 4 20 96.6% 68.7% 63.9% 20.0% 0.0% -20.0%Carlsbad 637,500$ 700,120$ 40 39 71 54 99.1% 19.2% 19.2% -11.1% -35.0% -7.8%

Carmel Valley 490,000$ 561,300$ 21 23 19 27 99.5% -19.0% -8.8% 23.5% 15.0% 111.1%Del Mar 792,500$ 1,043,500$ 6 4 17 85 95.1% -11.2% 17.4% 50.0% -66.7% 21.4%

Encinitas 450,100$ 537,789$ 9 20 11 37 98.0% -26.2% -16.9% -18.2% 5.3% 22.2%La Jolla 770,495$ 870,452$ 46 46 91 59 97.6% -2.5% -8.2% 12.2% -8.0% 30.0%

Oceanside 325,000$ 362,909$ 73 96 105 43 99.0% -7.1% -17.3% -11.0% 4.3% -16.0%Rancho Santa Fe 806,750$ 797,125$ 4 0 10 75 95.9% 4.8% 3.5% 100.0% -33.3% 25.0%

San Marcos 384,500$ 383,759$ 22 33 27 37 98.9% -19.8% -12.7% -31.3% 3.1% -15.6%Solana Beach 757,000$ 845,615$ 14 9 17 36 98.3% -1.4% 15.0% 250.0% -47.1% -5.6%

Vista 294,500$ 315,127$ 28 25 14 15 98.2% -12.9% -7.0% 47.4% 66.7% -36.4%

North San Diego County Coastal - October 2018CONDOS % Change from Year Before

Prices Prices

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Series2 11,97 8,981 7,742 7,011 8,395 8,424 7,609 7,572 8,145 7,748 9,124 9,983 10,15 9,276

Series1 21,79 17,27 14,26 16,85 20,29 19,00 19,15 22,59 23,13 20,38 21,81 21,60 20,49 18,22

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Property Sales(Year-to-Date)