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October 2024

San Diego County Housing Prices Remain Steady; Single-Family Home Sales Drop

Single-family home sales in September fell 14% from August, though average prices remained steady at around $1 million, marking an 8% increase from September 2023. Condominium and attached property sales dropped 22% month-over-month and were 5% lower than last year. Resale properties closed in an average of 34 days, up from 25 days a year ago. The median price for attached properties decreased 4% to...

San Diego Housing Market Forecast 2025-2026

The San Diego housing market is experiencing significant growth, with average home values currently at $1,028,191, a 10.3% increase over the past year. Homes are selling quickly, averaging just 13 days on the market. While a slight decline in prices is expected by the end of 2024, a rebound of about 0.6% is forecasted for July 2025. Key drivers include a thriving economy, job growth, and low housing...

New report shows average rents across San Diego County on the decline

A report by Zumper indicates that rental prices in San Diego are declining, with the city ranking 9th nationwide for the highest rents. Encinitas has the highest average rent at $2,680 for a one-bedroom, while El Cajon has the lowest at $1,780. Factors contributing to the decline include an influx of over 4,000 new apartments and a population decrease, which has reduced rental demand. Experts suggest...

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