The November 2017 San Diego Housing Market Report shows a slight slowdown. That being said, San Diego still ranked fourth on the hottest U.S. markets list from realtor.com® for October.
Real Estate Report
Year-over price increases slowed down to a more sustainable 5.1 percent in North County and 4.9 percent in San Diego County as a whole. Inventory, which tends to drop during the holidays, was already at a very low 1.8 months in October in both North County and San Diego County.
See below for this month’s statistics and daily interest rate updates.
Interest Rates
Market Updates
Click on the links below to read the full housing statistics reports.
- NORTH COUNTY MONTHLY INDICATORS
- METRO SAN DIEGO COUNTY MARKET UPDATE
- EAST SAN DIEGO COUNTY MARKET UPDATE
- SOUTH SAN DIEGO COUNTY MARKET UPDATE
- SAN DIEGO COUNTY MONTHLY INDICATORS
North County Summary
• The median price for all North County home sales increased 5.1 percent in October 2017 compared to October 2016.
• Detached homes saw a median price increase of 4.6 percent in North County, moving from $650,000 in October 2016 to $680,000 in October 2017.
• The number of sold units in North San Diego County decreased 11.8 percent compared to the previous October. Pending sales increased 0.4 percent in the same period.
• Median days on market for North San Diego County properties was 33. This is a 8.3 percent decrease compared to the previous October.
• Inventory supply in North San Diego County dropped to 1.8 months from 2.4 months in October 2016.
Full County Summary
• The median price for all San Diego County home sales in October 2017 was $540,000. This is a 4.9 percent increase compared to October 2016.
• Detached homes saw a median price increase of 5.8 percent in San Diego County, moving from $578,000 in October 2016 to $611,250 in October 2017.
• Attached homes in San Diego County had a 6.8 percent median price increase compared to the previous year. They moved up to $407,000 in October 2017.
• Inventory supply countywide dropped to 1.8 months in October 2017 compared to 2.2 months a year earlier.