Weekly Housing Market Stats for San Diego
As more home buyers are entering the market as mortgage interest rates come down, homes for sale in San Diego are seeing multiple offers.
According to Redfin Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 18 days. Hot homes can sell for about 2% above list price and go pending in around 8 days. Redfin states the median home price in San Diego is $875,000 up 11.% from this time last year.
Is it a good time to sell a house in San Diego?
If you own a home in San Diego, it's certainly a good time to sell. As of December 2023, prices were up 11.5% percent year-over-year, according to Redfin data. And while plenty of people want to live in this coastal California haven, there simply aren't enough homes available to buy
Equity Gained By Area in San Diego
Home owners who are selling this year should come out ahead! Reach out anytime to discuss your real estate goals.
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