North County and San Diego real estate markets continued last month’s trend of price increases paired with dwindling inventory and sales. This reflects a nationwide trend with credit for the recent upturn going to today’s lower interest rates and the slower price growth earlier this year.
But in spite of these year-end price improvements, experts still predict a slowing market in 2020. The 2020 Forecast from REALTOR.COM® estimates home prices in the greater San Diego market (including North County) will increase by only 0.2 percent in 2020, and home sales will drop by 3.2 percent.
Continue reading December 2019 North County and San Diego Real Estate Markets