San Diego Real Estate Market Update March 2023
Real estate market fluctuation has not been extreme in San Diego. Our average home value was just below $1 million, then just above, and now just below again. The average days on the market is holding steady, which tells me the demand for homes is still good. And, the number of new listings on the market reflects normal fluctuations that have to do with the time of year we're in. People get the urge to move in January as they're doing their new year reflections and setting goals, that urge declines in the Spring a bit, then soars in the summer when kids are out of school and it's a good time to move. Below I have this month's Market Report for San Diego County, and below that is last two month's reports, so you can make your own comparison. I believe that as Spring comes - we will see a normal warming of the market. So, whether you're considering buying or selling, give me a call so we can talk about your realistic options in our unique housing market.