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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: russwinter who wrote (46502)12/3/2005 1:21:23 PM
From: Ramsey Su   of 110194
 
San Diego Nov 05 Sales activity update.

Nov 2005
2414 closings.
59 days avg.
$648,008 avg asking price.
$625,172 avg sold price.

2443 pendings.
62 days avg.
$638,790 avg asking price.

Oct 2005

2562 closings.
57 days avg.
$662,884 avg asking price.
$625,172 avg sold price.

Nov 2004
3133 closings.
46 days avg.
$597,760 avg asking price.
$571,314 avg sold price.

2005 yr to end of Nov
37489 closings.
52 days avg.
$631,849 avg asking price.
$606,502 avg sold price.

Bottomline
Nov 05 sales volume down 22.9% from Nov 04.
Nov 05 sales volume down 5.8% from Oct 05.
Nov 05 avg sales price up 9.4% from Nov 04.
Nov 05 avg sales price down .07% from Oct 05.
Nov 05 pendings 2443 which means Dec 05 is going to be LOW.
Current listing is 15210 = over 6 months inventory.
Percentage of condo remains about steady at 35% range.
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