Clairemont Q3 Market Update

07 Oct Clairemont Q3 Market Update

7/1/15-9/30/15

Clairemont always has strong numbers, a big reason is due to the centrally located neighborhood and its price point which is right above the city average. We saw slight drop in the average sale price of $566,285 which is a slight 4% drop from Q2. However, it’s a jump when comparing the number to 2014 Q3 of $537,020. There were a total of 168 homes listed in Q3 compared to 150 in Q3. Of those 168 that were listed, 52%(87) were sold and 21 of the homes went expired. Meaning 60 of the 168 are still on the market. Of the 87 that were sold, they had an average market time of 25 days which is nearly the same as Q2(25 days), and a drop when comparing to last years Q3 (32 days). Overall, Clairemonts market was pretty strong in Q3.