By Caroline Abkar, Realtor.
One of the questions I am asked the most is how is the market doing? Will the prices drop? Will there be another crash?
I am a firm believer that there is no better answer than dissecting the past, using actual data and statistics to help predict the future.
Here I share the latest statistics for Bay Park, Clairemont and Pacific Beach showing the average sales price trends since 2004. This is as far as the system allows me to go.
There are several other metrics of interest such as days on market and price per square foot too. The Days on market are shown here as well.
This market update covers Bay Park, Clairemont and Pacific Beach but I can pull and analyze for any neighborhood. Just let me know what you would like to see!
You can hover with your mouse on each data point to see the numbers for any given month.
Average Sales Price in Bay Park
Average Active Market Time in Bay Park