Real Estate Market Update for
92128 (San Diego, CA)
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Welcome to your monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 66% from one year earlier and down 27% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was just over 430-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 57% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just under 440-thousand dollars. Overall, The number of units sold Increased 17% year-over-year and Increased 73% month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 92128 (San Diego, CA)
Area Information for 92128 (San Diego, CA)
Community Character:Moderate Residential Turnover
Population:46,715
Median Age:32.94 yr
Median Commute Time:25.01 mins
Educational Climate*:5
Recycling Likelihood**:107
Sales Tax:11%
Population Density:3,995/sq mi
Population Change Since 2000:7%
Closest Airport:Mcclellan-palomar
Closest College:Alliant Intl Univ
Closest Jr. College:San Diego Miramar College
Median Household Income:$89,135
Annual Residential Turnover:19.21%
Median Years in Residence:3.22 yr
Median Home Sales Price:$315,000
Closest Major Sports Team:San Diego Chargers
Change Avg. Household Income Since 2000:32%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 92128 (San Diego, CA)
Median Age: 32.94Married: 49%Number of Households: 19,947Households with Children: 6,139
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)