How's the Real Estate market in your area?
San Diego, CA 92102
Single-Family Homes
McT Real Estate Group
San Diego, CA 92102
Sat Aug 17 2019
This week the median list price for San Diego, CA 92102 is $624,900 with the market action index hovering around 52. This is less than last month's market action index of 55. Inventory has held steady at or around 25.
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 |
Strong Seller's Market
The market has started cooling and prices have recently plateaued. Since 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
| Median List Price | $624,900 | |
| Per Square Foot | $495 | |
| Days on Market | 55 | |
| Price Decreased | 36% | |
| Price Increased | 16% | |
| Relisted | 16% | |
| Inventory | 25 | |
| Median House Rent | $2,475 | |
| Most Expensive | $1,199,000 | |
| Least Expensive | $399,000 | |
| Market Action Index Strong Seller's Market | 52 |
Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly move 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 |
|---|---|---|---|---|---|---|---|---|
| $875,000 | 1,554 | 4,500 - 6,500 sqft | 3 | 2 | 26 | 0 | 1 | 93 |
| $722,000 | 1,260 | 4,500 - 6,500 sqft | 3 | 2 | 80 | 2 | 1 | 30 |
| $549,950 | 1,016 | 0 - 4,500 sqft | 2 | 1 | 85 | 2 | 2 | 61 |
| $449,000 | 1,238 | 0 - 4,500 sqft | 3 | 2 | 32 | 3 | 0 | 39 |