March 2024 Monthly Market Report

Spring's arrival heralds a warming trend in the real estate market, signaling the onset of a hot sales season ahead.
 
Below you'll find the housing report for the current month along with data from the preceding two months. Notably, there's a surge in the number of properties hitting the market in the last two months, indicating a growing pool of sellers. However, it's crucial to recognize that buyer demand remains robust. Despite this uptick in listings, San Diego County continues to grapple with an inventory shortage. The average cost of a home has risen, but that doesn't mean there aren't still some affordable properties out there. 
 
Whether you're contemplating a purchase or sale, I invite you to reach out. Let's discuss your options within the dynamics of our distinctive housing market, ensuring your decisions align with the current trends and realities.
 
If you know anyone who might be interested in receiving this market update every month, please have them sign up at this link.
 
I am always here for my clients and their friends and family.
 
Your Forever Agent,
 
Hope Leitner, CRS
(858) 382-3763
 
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