Price Cuts Low in San Diego Real Estate Market

There were 881 homes sold in the San Diego market over the last 30 days, continuing an 11-week downward trend. During the same period, the number of price reductions fell to their lowest level since last January at 452. During the same time frame, Chula Vista had the most of any other neighboring municipalities with 103 price reductions. The median sales price rose to $528,000 over the latest reporting period for San Diego, up from $520,500. There are only two months of inventory available in San Diego, and combined with shrinking price reductions numbers, it's a strong seller's market.

If you're looking for a home with plenty of bathrooms, then be sure to go see these listings with the most bathrooms in San Diego:

$23.4M   $8M   $3.2M  

Get started right now by checking out San Diego homes for sale or reviewing San Diego real estate trends.

Demographic facts about San Diego:

  • There are currently 483,092 households in the area.
  • This area has an unemployment rate of 9.2%.
  • This area has an average school expenditure per student of $5,401. ($5,691 = national average)

Data reported through 1/11/2017

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Pacific Sotheby's International Realty
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Del Rey Properties
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