Median Home Prices in San Diego County

By
Real Estate Broker/Owner with Broadpoint Properties Cal BRE #01324959

If you are a homebuyer and you are looking for the deal of the century, you better act now. Over the last few months, the real estate market in San Diego has turned from a buyer’s market (more properties available than buyers) to a seller’s market (less properties available than buyers). The good news is that interest rates are still at record lows, so often times mortgage payments are less than or equal to rent.

For sellers, this turn in the market reflects slightly increased property values; most sellers would agree that this is great news.

The infographic below, courtesy of the California Association of Realtors®, shows the California median home prices organized by county. As you can see, the median home price in San Diego County right now is $388,100. For our readers in Riverside County, the median home price in that county is currently $219,850. It looks like there are still some amazing deals in Temecula, Murrieta and beyond!

median home prices 

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Topic:
Real Estate Market Trends
Location:
California San Diego County
Groups:
Real Estate Rookie
San Diego Real Estate Blog
Realtors®
San Diego North County Real Estate
San Diego Realtors®
Tags:
san diego county real estate
san diego median home prices

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Jeff Dowler CRS
Solutions Real Estate - Carlsbad, CA
Carlsbad CA Homes for Sale (760) 840-1360

Melissa

Pretty interesting data, but not surprising given what we have been hearing. The inventories are not shifting upwards although it will be interestinfg to see about September since this is often a time when we see more homes on the market. But with great rates it is a competitive time for buyers, whether cash or not, and they need to work with a competent agent.

Jeff

Sep 05, 2012 07:49 PM #1
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Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

Melissa, The county numbers are impressive  and should be a big draw for interested parties. 

 

Sep 05, 2012 10:15 PM #2
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Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Selling Daytona paradise for heavenly good prices

Melissa - looks like this trend is a wide-spread one, not just locall real estate markets hiccups. We are noticing similar trend here

Sep 05, 2012 10:45 PM #3
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Ginny Gorman
Phillips Post Road Realty ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

Well you and Jeff are my in tune Realtors I watch for home values out there...I can't wait until it heads to my turf...great infographic too.

Sep 06, 2012 04:43 AM #4
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Renée Burrows
Savvy Home Strategies Realty, LLC-REALTOR®-Estate-Probate - Las Vegas, NV
Las Vegas Real Estate Broker - www.urLVhome.com

I really love that graphic and synopsis of Cali median prices by county!  I would think SD county would be higher so I am a bit surprised by that!

Sep 06, 2012 03:58 PM #5
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Melissa Zavala

Broker, Escondido Real Estate, San Diego County
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