California Real Estate Blog
San Diego Moves up in National Home Price Rankings
A summer surge in home price gains has pushed San Diego back near the top of the nation’s hottest markets. The San Diego metropolitan area’s annual home price increased 4.1 percent in August, according to a new S&P Case-Shiller Indices report. That was the fourth highest in the 20-city index, up from the bottom 10 where it had [...]
San Diego Home Sales Slow in September
Home sales dropped sharply in September compared to August, ending a slow summer season with an even slower month, according to data released by the Greater San Diego Association of Realtors. Sales of single-family detached properties were down nearly 23% in September compared to August, according to the data, which SDAR compiles through the San Diego Multiple Listing [...]
SOLD! Charming 3 Bedroom Home in West La Mesa
SOLD! 4625 73rd St, La Mesa, CA 91942 Property Details 3 Bedrooms 2 Baths 2,079 Sq Ft Lot Size: 7,300 Sq Ft Oversized [...]
San Diego Home Price Gains Show Signs of Slowing
San Diego home prices were up annually in a closely watched report but there are signs of a slowdown coming. The San Diego metropolitan area’s annual home price increased 0.7 percent in July, said the recently released S&P Case-Shiller report. That was the 11th highest in the 20-city index, down from the pandemic heyday when America’s Finest [...]
San Diego Homeowners least likely to Sell at a Loss
San Diego homeowners are least likely in the nation to sell homes at a loss, said a new study. Only 1.1 percent of San Diego homeowners sold at a loss in the three months ending in July, a Redfin study said. That compares to a nationwide average of 3 percent. Out of the 50 largest metro areas, [...]
Just Listed! Charming 3 Bedroom Home in West La Mesa
Just Listed! 4625 73rd St, La Mesa, CA 91942 Property Details 3 Bedrooms 2 Baths 2,079 Sq Ft Lot Size: 7,300 Sq Ft [...]
San Diego Home Prices back at All-time Highs
San Diego’s median home price continues to inch higher as the number of sales plummets to lows not seen in decades. There were 2,435 home sales in July, the second-lowest for that month in records going back to 1988. The median price rose 1.4 percent monthly in July to $850,000, said CoreLogic data released this week. That [...]
San Diego County Properties Valued at Record $727 Billion
Land in San Diego has never been worth so much. San Diego County’s assessed value of all taxable property — including residential, commercial and industrial land — is now $727.48 billion, the Assessor’s Office said. It represents an increase of 7.1 percent from last year and its highest in history. Even a slowdown in home price growth [...]
San Diego Planning Commission votes against Senate Bill 10
San Diego’s Planning Commission unanimously voted against a key part of Mayor Todd Gloria’s housing plan that would have eliminated single-family zoning in much of the city. The commission voted to recommend the city’s sweeping Housing Action Package 2.0, but stripped it of its biggest element: Senate Bill 10, which will no longer go before City Council [...]
Housing Market Recovery is Broadly Based
San Diego homes are still worth less than they were a year ago, but there are signs that trend is turning around.The San Diego metropolitan area saw its annual home price decrease 5.6 percent in April, said a new S&P Case-Shiller Indices report. That puts San Diego in the bottom half of the 20-city index, but monthly data [...]
San Diego’s Median Home Price up for Third Month in a Row
San Diego County’s median home price was up in May for the third month in a row. The median price rose 0.9 percent to $812,250, said CoreLogic data. Despite the recent price bump, the median price is still down 3.3 percent annually after nine months of declines brought on by rising interest rates. While interest rates are [...]
San Diego Home Listings down by Half since Pandemic
The number of San Diego County homes for sale has dropped by 53 percent since 2020, and there are a lot of factors that could keep inventory low. It’s not just in sunny Southern California where this is happening. Nationally, listings are down 31 percent in the same time period. There were 2,968 homes listed for sale [...]