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Mar 30, 2023 · San Diego Housing Market Forecast. Home prices and rents likely to remain unaffordable as long as new construction is thwarted. As with many other housing markets in the U.S., home prices...
Here is their one-year forecast for the San Diego-area housing market: From January 2024 to January 2025, prices will rise by 6.2%. Granted, real estate market predictions like these represent an educated guess rather than a sure thing.
As of January 2024, the San Diego housing market shows a stable trajectory, with a modest 14.8% year-over-year increase in the median sold price to $909,000. This jump, surpassing the national average of $402,523, indicates sustained demand and a robust housing market in San Diego.
The San Diego housing market is very competitive. Homes in San Diego receive 6 offers on average and sell in around 15 days. The median sale price of a home in San Diego was $970K last month, up 9.9% since last year.
The San Diego real estate market is poised to captivate both investors and homebuyers alike with its promising forecast. This vibrant Southern California city continues to shine as a desirable destination, and its real estate market reflects that allure.
Summary: The San Diego real estate market had 2,903 homes for sale in May 2024, a 13.3% increase compared to April 2024. Homes For Sale By Bedroom Count.
The San Diego housing market is forecast to remain a competitive seller's market in 2024, with continued growth in home prices. Here's a detailed look at the current market trends, a one-year forecast based on available data (as of April 30, 2024), and what to expect in the coming months.
