Geeta's Market Report

San Diego, CA

Single-Family Homes

geeta.rsf@gmail.com | www.MySanDiegoBeachHome.com



San Diego, CA

Wed Oct 09 2024
This week the median list price for San Diego, CA is $1,369,950 with the market action index hovering around 49. This is less than last month's market action index of 51. Inventory has increased to 708. 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

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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.

San Diego, CA

Wed Oct 09 2024
This week the median list price for San Diego, CA is $1,369,950 with the market action index hovering around 49. This is less than last month's market action index of 51. Inventory has increased to 708. 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

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Never miss important changes in the San Diego market.
Median List Price $1,369,950
Median Price of New Listings $1,199,000
Per Square Foot $753
Average Days on Market 61
Median Days on Market 42
Price Decreased 45%
Price Increased 3%
Relisted 27%
Inventory 708
Median Rent
Market Action 49
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate 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
$2,950,000 3,341 6,500 - 8,000 sqft 4 4 21 20 13 56
$1,599,000 2,062 6,500 - 8,000 sqft 4 2.5 48 26 27 42
$1,150,000 1,579 4,500 - 6,500 sqft 3 2 60 37 37 35
$825,000 1,274 4,500 - 6,500 sqft 3 2 64 40 30 28