September's First-Time Homebuyer Report for San Diego Metro Area

The population of the San Diego Metro Area is very affluent compared to others in USA with a median income of $59,322 per household. It's also considered a very expensive metro area in terms of affordability with a cost of living adjustment score of 139.3. Homes in the San Diego Metro Area are relatively old with a median age of 33 years. The best schools in the metro area are Solana Santa Fe Elementary School, Solana Pacific Elementary School, and Poway High School.

Culture

According to Foursquare, Urge Gastropub, Barona - Seasons Buffet, and The Original Pancake House are the most popular spots to eat in San Diego Metro Area. If you'd like to grab a drink, a popular spot is Stone Brewing World Bistro & Gardens. And a good place to get a cup of coffee is Bernardo Winery.

Price Range

Homes in the San Diego Metro Area are generally more expensive than others in the country with a median home value of $335,100 and an average list price of $622,576. Sales in the San Diego Metro Area market hit their lowest level since March. For the prior 30-day period, there were 3,019 homes sold, a drop of 4.9%.

Out of all the listings in the San Diego Metro Area, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$460K   $219K   $15.9M  

Typical Dwelling

The typical dwelling in the San Diego Metro Area is a three-bedroom detached home worth about $623,564. To purchase a similar home, a buyer with good credit and a $124,713 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,220 monthly payment. The property tax rate is $7.35 per $1,000 of taxable assessed value.

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


Data reported through 9/29/2016

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