August 2024 San Diego Market Report

Over 3,000 homes on the market - and we're still seeing the average cost of a home hovering around $1.2 million! It feels a little crazy - but there are willing and able buyers out there! Prices will decline slightly due to a seasonal drop in demand - but, over the next few years I believe home values will continue to hold steady. 

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. 

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.  

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