Diving Into the San Diego Real Estate Market: What’s Happening Now?

[@biplobgolder600]

wow❤😮

[@MDTanbirSEO]

Amazing your content

[@sellyourhousesandiego]

Thanks for tuning in!

[@MDTanbirSEO]

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[@jbuggy21]

Great analysis. Your market looks a lot like mine up here in Sacramento. My sold-to-list is a little skewed as a lot of homes are hitting the market overpriced...so, sold-to-list is under 100% but median price is up almost 2% last quarter. I'm seeing a lot of homes sit and get price reductions. We're in what I call a "frozen seller's market" (borrowed term). I just listed a move-in ready home about 1.5% below market value to compete with other listings, and we got into contract with a buyer for $20k over list (+3.2%) within 7-days. Location, location, location has become location, condition, price.

[@sellyourhousesandiego]

It'll be interesting to see what happens over the next few months. Just this week it looks like a handful more properties have been popping up on the market. Still competitive for sure, but like you said, location, condition, and price.