San Diego - Week of July 1st, 2014
Single Family Homes
This WeekThe median list price in SAN DIEGO, CA this week is $649,900. The 1912 properties have been on the market for an average of 63 days.The median list price in SAN DIEGO,CA this week is $649,900. The 1912 properties have been on the market for an average of 63 days. Supply and DemandThe market has started cooling and prices have recently plateaued. Since we're in the Seller's zone, watch for changes in MAI. If the MAI resumes it's climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer's zone, watch for downward pressure on prices. |  |
Median Price
Prices appear to be hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Inventory of Properties Listed for Sale
Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.
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