San Diego Market Update - October 2022
Have the negative headlines kept you from entering the real estate market here in San Diego? Nervous about buying or selling your home because you are unsure what’s coming next in the market?
There are 4418 active listings, 2429 homes pending escrow, and 2622 homes that were sold in the past 30 days as of October 1. Homes sold for an average of $979,643 and were on the market an average of 37 days. With the changing market, it is no surprise to us that homes are staying on the market longer than what we have seen over the past two years. With the constant shifts, you need an experienced agent to help guide you navigate through your next moves in real estate.
Whether you want to sell your existing home, buy your first home, upsize, downsize, purchase a vacation home, or just talk about options, a real estate professional is your best source for information based on current trends in our area. If you're interested in learning more about the 2022 real estate forecast, don't hesitate to reach out - we're happy to help!