Steven Sakofsky- SunTrust Homes Market Report

San Diego, CA 92109

Single-Family Homes

Real Estate Broker & Banker 619-246-5626


San Diego, CA 92109

Sun Nov 24 2024
This week the median list price for San Diego, CA 92109 is $2,447,500 with the market action index hovering around 34. This is less than last month's market action index of 37. Inventory has decreased to 32. Click here to stay informed with the San Diego market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

San Diego, CA 92109

Sun Nov 24 2024
This week the median list price for San Diego, CA 92109 is $2,447,500 with the market action index hovering around 34. This is less than last month's market action index of 37. Inventory has decreased to 32. Click here to stay informed with the San Diego market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the San Diego market.
Median List Price $2,447,500
Median Price of New Listings $2,624,500
Per Square Foot $1,195
Average Days on Market 84
Median Days on Market 63
Price Decreased 28%
Price Increased 0%
Relisted 6%
Inventory 32
Median Rent
Market Action 34
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$5,297,500 3,556 4,500 - 6,500 sqft 4 4.8 13 0 0 108
$2,742,500 2,750 4,500 - 6,500 sqft 5 3 38 1 0 59
$2,324,500 2,111 6,500 - 8,000 sqft 4 3 58 1 0 21
$1,512,500 1,195 0 - 4,500 sqft 2 2 54 0 1 73