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Market Update:


Home Sales Tick Up in April, according to the Greater San Diego Association of REALTORS® SAN DIEGO (MAY 9, 2018) – April home sales saw a slight increase over March, according to housing statistics compiled through the Multiple Listing Service by the Greater San Diego Association of REALTORS®. Single-family home sales ticked up 4 percent in the past month, and attached properties (condos and townhomes) rose by nearly 3 percent. However, sales for the first four months of the year are still lower than the same period last year by 7 percent. 

The median price of single-family homes edged up 1 percent from March to April, now standing at $640,000. That’s an increase of more than 8 percent from April of 2017. 

Condos and townhomes priced rose by 4 percent month over month, and have reached a record high mark of $425,000; that’s 10 percent higher than a year ago. 

All properties taken together, the year-to-date median price of homes in San Diego County is $551,000. The supply of resale properties on the market edged up slightly, to 1.9 months, with 5 to 6 months being considered a healthy level. 
Homes were selling in April in an average of only 25 days. 
“Low inventory continues to create a competitive situation for buyers,” said SDAR President Steve Fraioli.
 “But higher mortgage interest rates are the reality and the trend, so serious buyers will need to be ready with an offer when the opportunity presents itself.” 
In April, the zip codes in San Diego County with the most single-family home sales were: 
• 92028 (Fallbrook) with 56 
• 92128 (Rancho Bernardo East) with 52 
• 92057 (Oceanside North) with 50
• 92130 (Carmel Valley) with 47 
• 92009 (Carlsbad SE) with 47 
The most expensive single-family property sold in San Diego County in April was an oceanfront home in Del Mar, built in 2010, with nearly 3,900 square feet, 4 bedrooms, 5 baths, a private courtyard with pool, spa, and built-in barbecue, and a sale price of $18 million. SDAR’s housing statistics are compiled monthly from the Multiple Listing Service (MLS). Click here for a detailed look at the numbers. Here is a summary: MEDIAN SALES PRICE Comparing April 2018 to March2018 (month over month) 
• Single-Family: 1 percent INCREASE April 2018 = $640,000 March 2018 = $635,000 • Condos/Townhomes: 4 percent INCREASE April 2018 = $425,000 March 2018 = $410,000 MEDIAN SALES PRICE Comparing April 2018 to April 2017 (year over year) 
• Single-Family: 8 percent INCREASE April 2018 = $640,000 April 2017 = $591,000 
• Condos/Townhomes: 10 percent INCREASE April 2018 = $425,000 April 2017 = $385,000 TOTAL SOLD LISTINGS Comparing April 2018 to March2018 (month over month) 
• Single-Family: 4 percent INCREASE April 2018 = 1,903 March 2018 = 1,834
 • Condos/Townhomes: 3 percent INCREASE April 2018 = 1,003 March 2018 = 975 TOTAL SOLD LISTINGS Comparing April 2018 to April 2017 (year over year)
 • Single-Family: 8 percent DECREASE April 2018 = 1,903 April 2017 = 2,063
 • Condos/Townhomes: 7percent DECREASE April 2018 = 1,003 April 2017 = 1,080 

### The Greater San Diego Association of REALTORS® is the largest trade association in the San Diego County and the largest REALTOR® association in California. We help our members, who adhere to a code of ethics and professional standards, sell more homes. We also help people realize the dream of home ownership, and we are dedicated to protecting private property rights. You can follow SDAR on Facebook, Twitter and YouTube.


New Listing Updates:

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More information coming:

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My DRE # is 00995434
My Office is located at: 
16787 Bernardo Center Dr.
San Diego, CA 92128

My Cell # is:  (858)967-9966
If you are a buyer or seller you may also text me at that number
My Office # is: (858)485-1700
Email:  Liz@LizHoffman.com

If you are thinking of buying or Selling a home in the San Diego Area, I am here to help you.  If you are out of the San Diego Area, I can also refer you to someone where you live to help you with your Real Estate Decisions.

I have been living, playing and working in the San Diego area since 1976.  It is "The Finest City"!!  Poway is a great place to live and is called  "The City in the Country" 

I help educate my clients on buying and selling homes...I am your Real Estate Consultant.  Most of my clients are repeat customers and referrals from clients, friends, family and other Real Estate professionals.

I am also a leader in my profession and have served on the boards of San Diego Assoc. of Realtors (SDAR), Poway Real Estate Professionals (PREP), Women's Council of Realtors (WCR)..to name a few.  Past Member Certified Residential Specialist(CRS) now called (RRC) Residential Real Estate Council.

This is a new website format, so come back frequently.  I plan to be adding to it on a regular basis.

If there is something you would like to suggest I have on the website, I am always open the clients perspective. 

Please feel free to contact me directly if you have any questions

RE/MAX Connections

Liz Hoffman

Associate

16787 Bernardo Center Dr #6San DiegoCA92128
Cell:(858) 967-9966
Business:(858) 485-1700
Fax:(858) 309-5952
DRE License #:# 00995434

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