San Diego Real Estate Market
Are you considering buying or selling San Diego real estate ? If so, it's important to stay up-to-date on the current real estate market conditions. This post outlines the most recent data for all transactions, meaning both single-family homes and San Diego condos. Raw data alone is helpful, but we'll also outline what this information means for buyers and sellers so you can make the most informed decision possible. What Does This Mean For Buyers & Sellers? The Coronado real estate market still favors sellers in October 2022. With 1.7 months supply (a balanced market is defined as having four to six months of inventory), sellers can set higher asking prices if they don’t chase the market and stay ahead. Additionally, the increase in median and average sales prices in the area will bring higher earnings than this time last year. However, with a slight increase in homes listed compared to September, buyers will have more options to choose from this month. Bea...