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San Diego, CA 92116

Single-Family Homes

McT Real Estate Group



San Diego, CA 92116

Mon Jul 22 2019
This week the median list price for San Diego, CA 92116 is $859,000 with the market action index hovering around 46. This is less than last month's market action index of 52. Inventory has held steady at or around 46. Click here to stay informed with the San Diego market!

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 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 92116

Mon Jul 22 2019
This week the median list price for San Diego, CA 92116 is $859,000 with the market action index hovering around 46. This is less than last month's market action index of 52. Inventory has held steady at or around 46. Click here to stay informed with the San Diego market!

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 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 $859,000
Per Square Foot $610
Days on Market 59
Price Decreased 63%
Price Increased 0%
Relisted 33%
Inventory 46
Median House Rent $2,095
Most Expensive $2,150,000
Least Expensive $499,000
Market Action Index
Strong Seller's Market
46

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices 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
$1,495,000 2,713 0.25 - 0.5 acre 4 3 85 1 1 49
$975,000 1,624 6,500 - 8,000 sqft 3 2 87 3 1 87
$765,000 1,414 4,500 - 6,500 sqft 3 2 80 3 1 58
$614,500 804 0 - 4,500 sqft 2 1 92 3 1 41