Your Local Market Report
San Diego, CA 92117
Single-Family Homes
San Diego, CA 92117
Wed Apr 24 2024
This week the median list price for San Diego, CA 92117 is $1,350,000 with the market action index hovering around 77. This is less than last month's market action index of 81. Inventory has increased to 25.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has started cooling and prices have been flat for several weeks. 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 | $1,350,000 | |
| Median Price of New Listings | $1,499,500 | |
| Per Square Foot | $842 | |
| Average Days on Market | 31 | |
| Median Days on Market | 14 | |
| Price Decreased | 28% | |
| Price Increased | 8% | |
| Relisted | 16% | |
| Inventory | 25 | |
| Median Rent | ||
| Market Action | 77 | |
| Strong Seller's Market | ||
We continue to see prices in this zip bounce around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.
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 |
|---|---|---|---|---|---|---|---|---|
| $1,870,000 | 2,538 | 6,500 - 8,000 sqft | 4 | 2.8 | 39 | 3 | 1 | 3 |
| $1,512,250 | 1,829 | 4,500 - 6,500 sqft | 4 | 2.5 | 59 | 1 | 0 | 24 |
| $1,337,000 | 1,478 | 4,500 - 6,500 sqft | 3 | 2 | 66 | 2 | 3 | 42 |
| $999,999 | 1,110 | 6,500 - 8,000 sqft | 3 | 2 | 64 | 1 | 4 | 7 |