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Housing Stats for Scripps Ranch Real Estate in San Diego for July vs June 2008

Here are the stats for Detached homes in Scripps Ranch for July compared with June:

Scripps Ranch
Detached Homes
New Listings
June
Home that went under contract in
June
Sold Homes
June
New Listings
July
Home that went Under Contract in July Sold Homes
July
Number 35 37 27 30 12 26
Avg List Price $674,927 $605,972 $650,374 $851,824 $726,867 $820,464
Median List Price $639,900 $575,000 $640,000 $802,450 $749,950 $769,500
Avg SOLD price ------------ ---------------- $626,611 -------------- -------------- $780,360
Median SOLD Price ------------ ---------------- $618,000 -------------- -------------- $745,000

As you can see, the number of SOLDS in Scripps Ranch for DETACHED homes decreased slightly from 27 to 26 but, the Average List price, the Median List Price, The Average Sold Price and the Median Sold price went up! from June to July some positive signs for Scripps Ranch Real Estate. The number of homes under contract is slow in July and that decreased sharply from June.

Nevertheless, the market is NOT heading Downward in Scripps Ranch for the month of July. With both the average and median prices up for 26 sold homes we are encouraged that the market has stopped sliding in Scripps. Whether this trends continues we will have to trace over the next few months!

Housing stats for Detached Homes from Sandicor

Gerard Maher is a REALTOR for the San Diego area. Gerard specializes in Poway Real Estate, Scripps Ranch Real Estate, Rancho Penasquitos Real Estate and Mira Mesa Real Estate. You can reach him by email at G@CallGman.com or call him at 619-481-0882.

Posted Wednesday Aug 20