How's the Real Estate market in your area?
San Diego, CA 92102
Single-Family Homes
McT Real Estate Group
San Diego, CA 92102
Market Action Index
The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.
| Today |
| Last Month |
Slight Seller's Advantage
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.
Real-Time Market Profile
| Median List Price | $499,900 | |
| Per Square Foot | $432 | |
| Days on Market | 82 | |
| Price Decreased | 60% | |
| Price Increased | 4% | |
| Relisted | 32% | |
| Inventory | 25 | |
| Median House Rent | $2,100 | |
| Most Expensive | $2,295,000 | |
| Least Expensive | $299,900 | |
|
Market Action Index
Slight Seller's Advantage |
43 |
Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in 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 |
|---|---|---|---|---|---|---|---|---|
| $1,112,000 | 2,472 | 4,500 - 6,500 sqft | 4 | 2 | 106 | 0 | 0 | 61 |
| $712,000 | 1,638 | 4,500 - 6,500 sqft | 2 | 2 | 68 | 0 | 0 | 122 |
| $462,000 | 1,208 | 0 - 4,500 sqft | 3 | 2 | 52 | 0 | 1 | 89 |
| $419,000 | 1,024 | 6,500 - 8,000 sqft | 3 | 1 | 75 | 0 | 1 | 61 |