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December Market Conditions for Serra Mesa 92123

By
Real Estate Agent with San Diego House Hunting

Single Family Homes 

12 new listings this year 14 new listings last year.  These numbers mean that there are less homes to chose from, which explains why home prices are up 5.3% than last year at this time.

Homes are also selling much faster.

Last year homes took 35 days to sell compared to only 19 days this year!

Condos 

There are more new listings this year vs. last year.  There are less pending sales and more closed sales this year.

Price is still up 4.3%.  If you own a condo you will be happy to know that the value of condos is still very high.  In a city where homes are priced quite high, many families will chose condo living. 

 

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