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San Diego’s Surprising 3.0% Price Drop

San Diego saw a recent price drop of ~3%, surprising for a longtime investor favorite while the city's longer-term growth potential still looked appealing.
A strong job market, especially in technology and biotechnology, continued supporting San Diego's appeal and kept the city desirable for professionals considering housing choices.
The pullback created a more affordable entry point, giving investors a chance to buy into San Diego before broader housing demand strengthens.
A statewide trade group projected San Diego's median home price could rebound, with growth of ~5% yearly over the next 3 yr.
With housing demand expected to increase as the economy rebounds, buyers have reason to watch San Diego closely for timely entry opportunities.

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