Buyer Tips & StrategiesFirst Time Home BuyerInvestor Tips & StrategiesMarket Trends & StatsReal EstateSellers June 6, 2024

San Diego Housing Market May Metrics: Seller’s Continue to Thrive!

Hey San Diego! Looking for the latest scoop on our housing market? We’ve got you covered! The May 2024 update is in, and it’s still a strong seller’s market! Homes are flying off the market with just 1.52 months of inventory – up slightly by 6.29% month-over-month, but still very competitive.

Homes are selling for 102.3% of their list price, showing a slight dip of 0.17%, but still ensuring sellers get top dollar. The median sold price stands at an impressive $1,232,500, reflecting a 1.23% increase.

With properties spending an average of just 9 days on the market, now’s the perfect time to list your home! If you’re thinking about buying, be prepared for some competition, but don’t worry, I’m here to help you navigate the process with ease.

DM Cathyann Josefosky CalRE 01921506 for personalized advice tailored to your needs. Whether you’re buying or selling, let’s make your real estate dreams a reality!