LUXURYSOCALREALTY| COMPASS Market Report

San Diego, CA

Single-Family Homes

website | luxurysocalrealty.com



San Diego, CA

Tue Jul 05 2022
This week the median list price for San Diego, CA is $1,200,000 with the market action index hovering around 74. This is less than last month's market action index of 82. Inventory has increased to 827. 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

Tue Jul 05 2022
This week the median list price for San Diego, CA is $1,200,000 with the market action index hovering around 74. This is less than last month's market action index of 82. Inventory has increased to 827. 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 $1,200,000
Median Price of New Listings $1,100,000
Per Square Foot $685
Average Days on Market 28
Median Days on Market 14
Price Decreased 38%
Price Increased 5%
Relisted 19%
Inventory 827
Median Rent
Market Action 74
Strong Seller's Market

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves 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
$2,299,500 3,071 6,500 - 8,000 sqft 4 3.5 22 42 32 21
$1,375,000 1,938 6,500 - 8,000 sqft 4 2.5 44 49 23 21
$999,988 1,534 4,500 - 6,500 sqft 3 2 52 67 33 14
$749,000 1,340 4,500 - 6,500 sqft 3 2 61 61 32 14