Sales of previously owned homes pulled back in September, while median prices barely moved. Data on the current resale market is compiled by the Greater San Diego Association of REALTORS® (SDAR) through the San Diego Multiple Listing Service (SDMLS).
Single-family home sales fell by nearly 14 percent month-over-month but were more than 8 percent higher than September a year ago. Condominiums and townhomes (attached properties) saw a deeper drop of 22 percent in September compared to the previous month and were nearly 5 percent less than a year ago. Resale properties were closing escrow in an average of 34 days, compared to 25 days a year ago.
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