SAN DIEGO - Week of November 2nd, 2014
Single Family Homes
This WeekThe median list price in SAN DIEGO,CA this week is $622,000. The 2064 properties have been on the market for an average of 74 days. Inventory is up and Market Action is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit. Supply and DemandHome sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller's market so watch for upward pricing pressure in the near future if the trend continues. |  |
Median Price
The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.
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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