Local San Diego CountyMarket Update
Here’s the latest and greatest in our local real estate market in San Diego County!At the time of this recording, we currently have a total of 1.24 months’ supply of inventory in San Diego County. Now, what does that mean for you? Well, it means that we’re still in a seller’s market! But don’t worry, I’ve got all the tips to help you navigate this competitive market.
Over the past 12 months, our Months’ Supply of Inventory has decreased by 21%! The demand for homes in San Diego County is higher than ever. So, if you’re a seller, now is the perfect time to make a move and take advantage of this hot market.
For the month of June, the List to Sold Price percentage is currently at an impressive 101.3% in San Diego County. That means homes are selling for over their asking price! So, if you’re a seller, you can expect to get top dollar for your property.
Here’s an interesting fact for you: the median days on market is only 9! Homes in San Diego County are flying off the shelves faster than ever. So, if you’re a buyer, you need to act quickly and be prepared to make an offer when you find that dream home.
In San Diego County, the median sold price currently stands at a remarkable $865,000. That’s a great return on investment for sellers, and for buyers, it’s a reflection of the value this beautiful County holds.
So, there you have it! The latest market update for San Diego County! Whether you’re buying or selling, I’m here to guide you every step of the way. If you have any questions or need assistance, don’t hesitate to reach out at 619-851-6028.
For more valuable information about the local housing market, be sure to sign up for my weekly real estate e-newsletter. Stay updated and stay ahead!
Betty Torano, REALTOR®️
Keeping It SimpleKeeping It Real
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