July 2024 San Diego Market Report

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July 2024 San Diego Market Report


We are seeing price drops everywhere. Interest rates in the 6%-7% range are lowering the cost of some homes. But, not all homes. And, overall, the value of homes is still increasing. There's some push and pull in this market - not just push. 

 

Below you'll find the housing report for the current month along with data from the preceding months. San Diego County continues to have with an inventory shortage, even with lots of new construction. The average cost of a home has risen, but that doesn't mean there aren't still some affordable properties out there. Especially if one is open to a denser option than a single-family home. 

 

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

 

Hope Opens Doors

© 2024 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Properties may or may not be listed by the office/agent presenting this information. Based on information obtained from the MLS as of (include the date data was obtained). Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

 
Location: San Diego, CA, USA

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