Property sellers in Pacific Beach, San Diego, on average, obtained anywhere from 93% to 99% of their asking price during the period from January to December 2009. This indicates that, on average, dramatic price reductions from the asking price did not occur in the Pacific Beach real estate market. The graphs below show a month-by-month analysis for 2008 and 2009, as well as a breakdown between all properties sold, sold single-family homes, and sold condominiums and townhomes.
TOTAL PROPERTIES SOLD
For all 377 properties sold from January through December 2009, on average, sellers obtained 93% to 99% of their asking price. The average for this period in 2009 is 95% of the seller’s asking price. The graph below provides a month-by-month analysis.
www.pacificbeachrealestate.info
DETACHED SINGLE-FAMILY HOMES
For all 129 detached single-family homes that sold from January through December 2009, on average, sellers obtained 92% to 98% of their asking price. The average for this period is 95% of the seller’s asking price. The graph below provides a month-by-month analysis.
www.pacificbeachrealestate.info
www.pacificbeachrealestate.info
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Source: Source data obtained from Sandicor, Inc.
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