What's Happening with Real Estate in San Diego!!!

San Diego is currently experiencing a shortage of inventory and low interest rates. As per the chart below you can see the breakdown of activity based on price range, size of home and average market time it takes to sell a home.

Class	Bedrooms	Total Listed	Num Sold	Pct Sold	Avg List Price Sold	Avg Sale Price Sold	Sale Price/List Price Ratio	Avg DOM Sold	Avg List Price Unsold	Pct Expired
All	All	9,942	4,527	45.53%	$616,382	$599,128	97.20%	48	$770,701	14.95%
RE	All	9,942	4,527	45.53%	$616,382	$599,128	97.20%	48	$770,701	14.95%
RE	0 to 0 Bedrooms	73	23	31.51%	$243,916	$233,213	95.61%	73	$295,734	15.07%
RE	1 to 1 Bedrooms	642	271	42.21%	$290,444	$282,076	97.12%	45	$312,238	11.21%
RE	2 to 2 Bedrooms	2,202	1,063	48.27%	$442,439	$431,592	97.55%	50	$471,643	14.21%
RE	3 to 3 Bedrooms	3,551	1,760	49.56%	$570,889	$557,826	97.71%	44	$665,002	13.88%
RE	4 to 4 Bedrooms	2,495	1,104	44.25%	$783,291	$758,569	96.84%	49	$909,654	16.51%
RE	5 to 5 Bedrooms	822	280	34.06%	$1,171,083	$1,128,968	96.40%	59	$1,434,187	17.76%
RE	6 to 6 Bedrooms	121	22	18.18%	$1,507,881	$1,433,462	95.06%	97	$2,426,170	22.31%
RE	7 to 7 Bedrooms	21	3	14.29%	$1,587,966	$1,469,666	92.55%	24	$4,468,062	33.33%
RE	8 to 8 Bedrooms	8	1	12.50%	$369,900	$373,000	100.84%	16	$12,260,750	37.50%
RE	9 to 9 Bedrooms	2	0	0.00%	$0	$0	0.00%	0	$2,599,999	50.00%
RE	10 to Max Bedrooms	5	0	0.00%	$0	$0	0.00%	0	$24,500,000	20.00%
RI	All	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
LN	All	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
RT	All	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
RT	0 to 0 Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
RT	1 to 1 Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
RT	2 to 2 Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
RT	3 to 3 Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
RT	4 to 4 Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
RT	5 to 5 Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
RT	6 to 6 Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
RT	7 to 7 Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
RT	8 to 8 Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
RT	9 to 9 Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
RT	10 to Max Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
TS	All	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
TS	0 to 0 Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
TS	1 to 1 Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
TS	2 to 2 Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
TS	3 to 3 Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
TS	4 to 4 Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
TS	5 to 5 Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
TS	6 to 6 Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
TS	7 to 7 Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
TS	8 to 8 Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
TS	9 to 9 Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
TS	10 to Max Bedrooms	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
RN	All	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
HO	All	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
MH	All	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
OF	All	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
BO	All	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%
LR	All	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%

So being that interest rates are low and inventory is low it makes it a perfect time to both buy and sell a home. Its a unique market in the sense that its not just a sellers market or a buyers market its a fit for both making it a strong market. 

If your looking to buy or sell a home feel free to contact me today for a FREE NO OBLIGATION consultation at 619.449.1919