Take a Look at the Latest Numbers for San Diego County

Looking to sell your San Diego home? Get a free home value report Looking to buy a San Diego home? Click here for full MLS access San Diego is once again leading the nation, though not necessarily in a good way. Home sales are down 20% year over year. As a result, we have more inventory than last year; currently, there are 1,900 more homes on the market than we had at this time in 2018. This is a good thing for homebuyers, but if you’re a seller, you can expect the market to be a bit slower. Home prices are actually still up, having increased 2.5% over last year. As of January, the median home price was $542,000, which is down from last summer’s peak of $583,000. We expect those numbers to adjust with the seasons, so it remains to be seen how the spring and fall markets will play out this year. “ Keep in mind that real estate is always hyperlocal here in San Diego, and we’re subject to big swings. ” Keep in mind that real estate is always hyperlocal here in San Diego, and we’re subject to big swings. The higher-end homes in areas like Rancho, Santa Fe, and La Jolla are actually down 28% in terms of price. On the flip side, Oceanside is up 39% year over year. Here in Bay Park, we’re down about 8% from January of 2018. Mind you, those are very small sample sizes, and home prices can change dramatically, which is why we tend to look at San Diego County as a whole. I wouldn’t give too much credence to those figures. If you have any questions, you’re thinking of buying or selling a home, or would like to have a more in-depth discussion of market trends, please feel free to reach out to us. We’d love to be your real estate resource.

You can listen to Take a Look at the Latest Numbers for San Diego County online on Radio and Podcast. Open the player on this page to stream the available audio.

Take a Look at the Latest Numbers for San Diego County is an episode from San Diego Real EstatePodcast with Max Folkers by Max Folkers.

The episode duration depends on the source podcast feed and may not always be available.

This episode was published on Mar 18, 2019.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from San Diego Real EstatePodcast with Max Folkers when more episodes are available from the podcast feed.