Thu Mar 30 2023
This week the median list price for San Diego, CA is $1,199,000 with the market action index hovering around 61. This is an increase over last month's market action index of 57. Inventory has decreased to 354.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$1,199,000|
|Median Price of New Listings||$995,000|
|Per Square Foot||$690|
|Average Days on Market||63|
|Median Days on Market||28|
|Strong Seller's Market|
The value placed on homes continues to increase, despite the fact that prices in general have remained basically flat. These conditions can arise when inventory is light and more, smaller homes have more influence on overall prices.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$2,837,497||3,604||8,000 - 10,000 sqft||4||4||25||16||16||56|
|$1,449,500||2,035||4,500 - 6,500 sqft||4||2.5||54||22||24||28|
|$1,049,000||1,513||6,500 - 8,000 sqft||3||2||58||27||30||28|
|$749,000||1,284||4,500 - 6,500 sqft||3||2||63||36||39||14|