February 6, 2024
The top two charts are for detached homes, and the bottom two are for condos. As you can see, with the lack of inventory and increased buyer demand, it is firmly a seller's market. The median price of San Diego homes has increased 6.2% in the last 12 months, and the median price of condos is up 4.8% over the past 12 months. Find Out What Your Home is Worth Today
Meidan's sold price for homes is $1,137,500, and for condos, it's $ 637,500. There is less than one month of inventory for homes and 1.42 months for condos.
If you're considering selling, do it now; the spring market starts on March 1, approximately three weeks away, and it takes a few weeks to prepare a home for the market. Call/text George Lorimer at 619-846-1244 for my guide to create a bidding war on your home.
Search for San Diego Homes, which is brand new on the market.
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