09 Mar 2021 San Diego Real Estate Trends
Posted at 10:11h in Market Trends 0 Comments
San Diego Real Estate Market Trends
In June 2021, San Diego home prices were up 24.9% compared to last year, selling for a median price of $800K. On average, homes in San Diego sell after 10 days on the market compared to 20 days last year. There were 1,759 homes sold in June this year, up from 1,280 last year. They will continue to boost buying power and it is a sign of a strong economy and raise prices of homes for sale in 4S Ranch.
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 9 days.
Hot homes can sell for about 8% above list price and go pending in around 6 days
One of the more interesting statistics regarding San Diego Homes. The Weather!
Climate’s impact on San Diego housing
Likelihood of Flooding in San Diego Homes
Approximately 14,799 homes (4%) are already
in San Diego, and within 30 years, about 16,962 homes (4%) will be at risk. Flood risk in San Diego is increasing faster than the national average.
Likelihood of Drought, Fire, Storm, and Heat
San Diego today
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