December 2022 San Diego Real Estate Market Update
The real estate market has held steady in San Diego despite all the doom and gloom reporting around rising interest rates. We are seeing a normal seasonal dip in average home value and inventory. This shortage is considered seasonal. While we don't anticipate 2023 to be the wild real estate ride that was 2021-2022 we also don't expect much of decline in home values.
I'm including October's and November's reports at the bottom here, so you can see the changes as we moved into the winter real estate season.
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Ponder this - “Winter is a season of recovery and preparation.”- Paul Theroux - Paul Theroux is best known as a slow travel writer, inspiring us to move through the world via train rather than by plane, or to stay for a while, rather than running to the next destination. We go on adventures to live. Sometimes it’s amazing and sometimes it spirals into a mess. Yet we go on. -- Winter is when we can recover and prepare for the next test of our spirit. Make some tea and recover before planning for the new year. Please, sit and rest a while.
I am always here for my clients and their friends and family.
Your trusted real estate agent,
Hope Leitner
Hope Opens Doors
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