The 2015 San Diego 2-4 Units Quarter Report (January 1 – March 31, 2015) consists of the following data/charts.
FOURTH QUARTER 2014 VS First QUARTER 2015
Prices continue to rise in nearly every category with fourplexes showing the strongest median growth.
Below is the aggregate statistics of the San Diego 2-4 units category: 4th quarter 2014 vs. 1st quarter 2015. You can see that both categories are very positive.
YTD 2014 VS. YTD 2015 AVERAGE AND MEDIAN SALES PRICE
When comparing this year’s prices vs. last year, we see that there has been yet another year of robust growth. Some of the categories show a staggering difference in prices.
Q4 2014 VS. Q1 2015 DAYS ON MARKET (DOM)
This data shows another mixed bag of results, showing sizable increases and decreases in median days on market. History has shown that these figures can fluctuate from quarter to quarter.
Below is the aggregate statistics of the San Diego 2-4 units category: 4th quarter 2014 vs. 1st quarter 2015. You can see that as a category, the days on market have dropped.
CONCLUSION
It is yet another quarter of price increases for San Diego 2-4 units. Looking at the aggregate days on market, it shows that San Diego 2-4 units have been selling faster as well. Fortunately, the growth of San Diego duplexes, triplexes, and fourplexes continue to trend positively. We look forward to seeing if the second quarter continues this trend. For further discussion or help with your next 2-4 unit purchase or sale, please don’t hesitate to call!
LAWRENCE DY
Broker Associate
Dycor Realty, Inc.
11440 W. Bernardo Court, #300
San Diego, CA 92127
DRE Lic# 01749497
Cell: (858) 449-1253
Fax: (858) 451-2588
Lawrence@DuplexSanDiego.com