San Diego County Housing Market: Competitive with Growing Inventory

San Diego County Housing Market: Competitive with Growing Inventory

  • Median Price: $919,890
  • Month-to-Month Change: +3.3%
  • Year-to-Year Change: +29.2%

San Diego County’s housing market remains competitive, with the median price for single-family detached homes climbing to $919,890, a 3.3% month-over-month increase and a substantial 29.2% rise from last year.

Why Are Prices Rising So Quickly?

San Diego's strong job market, beautiful coastal location, and high quality of life continue to draw buyers. The region’s reputation for sunny weather and outdoor living makes it a prime destination, even as prices soar. The increase in home prices reflects the demand for homes in this scenic county.

Navigating the San Diego Market

While prices are high, the good news for buyers is that inventory has grown by 10.5% month-over-month, with an unsold inventory level of 3.1 months. Homes here are selling in just 21 days on average, so if you're serious about buying in San Diego, having a strategy and a knowledgeable real estate agent is crucial.

Post a Comment