LUXURYSOCALREALTY| COMPASS Market Report

San Diego, CA

Single-Family Homes

website | luxurysocalrealty.com


San Diego, CA

Mon Dec 04 2023
This week the median list price for San Diego, CA is $1,379,900 with the market action index hovering around 58. This is less than last month's market action index of 61. Inventory has decreased to 433. 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.

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Mon Dec 04 2023
This week the median list price for San Diego, CA is $1,379,900 with the market action index hovering around 58. This is less than last month's market action index of 61. Inventory has decreased to 433. 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.

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $1,379,900
Median Price of New Listings $990,000
Per Square Foot $750
Average Days on Market 55
Median Days on Market 35
Price Decreased 39%
Price Increased 4%
Relisted 18%
Inventory 433
Median Rent
Market Action 58
Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

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
$3,445,250 3,816 0.25 - 0.5 acre 5 4.5 22 5 9 56
$1,695,000 1,966 4,500 - 6,500 sqft 4 2.5 49 10 16 35
$1,175,000 1,585 4,500 - 6,500 sqft 3 2 59 11 22 28
$765,000 1,220 4,500 - 6,500 sqft 3 2 63 17 21 28