Tag Archives: San Diego home prices

North County and San Diego Housing Markets April 2022

North County and San Diego Housing Markets April 2022 chart of home sale statistics in North County San Diego

Even with high inflation and rising interest rates, we had another record-breaking month in the North County and San Diego housing markets. Year-over prices in North County were up a whopping 25 percent, and homes sold at 106.7 percent of their asking prices!

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North County and San Diego Housing Markets March 2022

North County and San Diego Housing Markets March 2022

The February North County and San Diego housing markets looked a lot like they did in January, just a little crazier. Although year-over appreciation numbers weren’t quite as high, homes sold at 105.5 percent of their asking prices countywide, and inventory remained at a very low 0.5 months.

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North County and San Diego Housing Markets February 2022

North County and San Diego Housing Markets February 2022

January’s increasing interest rates put more pressure on the already insane North County and San Diego housing markets pushing the median, year-over sales price up by 20 percent in San Diego County. According to OJO Labs, we now are the nation’s least affordable metro.

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North County and San Diego Housing Markets January 2022

North County and San Diego Housing Markets January 2022 Pam Fraser

December brought an even tighter inventory squeeze to North County and San Diego housing markets keeping strong upward pressure on home prices. Following November’s pattern, we saw a drop in pending and closed sales, but an even larger decrease in new listings. This kept median, year-over price increases at 17.6 percent in North County and 16.7 percent countywide.

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North County and San Diego Housing Markets December 2021

North County and San Diego Housing Markets December 2021 Pam Fraser

The North County and San Diego housing markets continued to see 16 to 17 percent, year-over price increases with inventory being squeezed down to almost nothing in November. And although closed and pending sales have dropped compared to last year, new listings have taken an even bigger hit. This is keeping a lot of pressure on our market with few options for home buyers.

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North County and San Diego Housing Markets November 2021

North County and San Diego Housing Markets November 2021

Sales continued to slow in North County and San Diego housing markets in October, but price increases were still strong and inventory remained tight.

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North County and San Diego Real Estate Markets October 2021

North County and San Diego Real Estate Markets October 2021 Pam Fraser

Recent news is that nationally the housing market is cooling off. That’s true in the North County and San Diego real estate markets, but they are still very strong. Homes continue to sell quickly and often over their asking prices, but not to the extent they were earlier this year.

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North County and San Diego Real Estate Markets September 2021

August 2021 North County and San Diego Real Estate Markets

Although prices dropped for a second month in a row in the North County and San Diego real estate markets, experts don’t expect a big slowdown anytime soon. Year-over median prices were still up 15 percent in August, and countywide inventory crept back down to less than a month.

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August 2021 North County and San Diego Real Estate Markets

August 2021 North County and San Diego Real Estate Markets Pam Fraser

The North County and San Diego real estate markets are still hot, but it looks like a cool down might be starting.

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July 2021 North County and San Diego Real Estate Markets

July 2021 North County and San Diego Real Estate Markets

The North County and San Diego real estate markets are still seeing record breaking price growth, multiple offers over asking price and homes selling in just days. Compared to May, home prices were higher and market times were shorter, but inventory did grow very slightly.

Continue reading July 2021 North County and San Diego Real Estate Markets