Although the San Diego housing market is slowing down overall, many indicators are suggesting it’s still an excellent time to buy. Home price rose in San Diego in January outpacing other cities in California. San Diego home values have gone up 6.0% over the past year and Zillow predicts they will fall -0.8% within the next year. The good news for those living in San Diego is the economy looks great for next year. The average sale price per square foot in San Diego … The housing shortage is hurting the economy. As it stands, Zillow has already projected a 1.7% increase in housing prices over the next 12 months. SAN DIEGO (KGTV) -- San Diegans could see a bit of relief from rising housing prices, according to a Zillow housing report.. The average sale price of a home in San Diego was $640K last month, up 1.6% since last year. San Diego County employment is up … The San Diego housing market is very competitive. The median list price per square foot in San Diego is $487, which is higher than the San Diego-Carlsbad Metro average of $390. Homes in San Diego receive 2 offers on average and sell in around 14 days.
Houses in the San Francisco Bay area, where home prices are the highest in the U.S ... San Francisco, Orange County and San Diego. Everything points to San Diego having an extremely healthy market that favors neither buyers nor sellers. Sellers are getting their prices, yet there is a severe shortage of homes in the $250,000 to $750,000 range. See the stats from CAR, SDAR, Zillow and other sources for the month of January 2020.
In San Jose, the figure is 94%. Perhaps more importantly, the San Diego housing market has a healthy demand, meaning investors will find conditions encouraging. Employment is Up.