Ramona home prices follow countywide trend

Housing prices in San Diego County rose last month, according to the San Diego Association of Realtors.

Prices in Ramona did the same.

The 2,145 single-family homes that changed hands in the county in June had a median price of $481,000, up 3.2 percent compared to May and up 23.3 percent compared to June 2012, according to SDAR.

The number of homes sold was 11.4 percent less than the previous month and 1.9 percent fewer than the same period last year, according to SDAR.

That wasn’t the case in Ramona, where more homes sold this June compared to last June.

The association reported that 1,003 condominiums and townhouses sold last month. The median price was $301,000, 1.5 percent lower than May. The median price of attached housing was 33.8 percent higher than June 2012.

Homes that sold in June were on the market an average of 48 days, down about 38 percent from June 2012.

Ramona Realtor Chris Anderson, this year’s SDAR vice president, provided the Sentinel with statistics for Ramona.

A total of 58 single-family Ramona homes sold in June, compared to 36 in June of 2012. Of last month’s sales, 51 were detached homes and 7 were condominiums, reports Anderson. That compares to 35 single-family detached homes and one condominium sold in June 2012.

The average selling price in June for a single-family detached home in Ramona was $390,331, up 5 percent from the average sales price of $369,509 last June. The average condominium price of $188,286 this June was 7 percent higher than last June’s $175,00, Anderson noted.

Detached homes that sold in June were on the market an average of 58 days, compared to 82 days last June. Condominiums this June were on the market an average of 83 days, compared to 306 days last June.

Anderson noted that the information from SANDICOR, Inc. comparing Ramona statistics for June 2012 with June 2013 represents properties listed or sold by various brokers.

Anderson, a Realtor at Town & Country Real Estate, is immediate past president of the San Diego Chapter of Women’s Council of Realtors and a 2013 California Association of Realtors director.

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Posted by Maureen Robertson on Jul 12 2013. Filed under Business, News, Ramona. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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