San Diego Real Estate Market Update – February 2019

“How’s the market?”🤔 The San Diego housing market is changing! In this video, we explain what the January 2019 numbers mean for the real estate market moving forward.🏡

January 2019 Overview

•Closed sales decreased 13.3% for detached homes, and 26.2% for attached homes.

•Pending sales decreased 2.6% for detached homes, and 5.8% for attached homes.

•Inventory increased 28.3% for detached homes, and 45.2% for attached homes.

•The median sales price was up 3.4% to $615,000 for detached homes, and 2.5% to $415,000 for attached homes.

•Days on market increased 13.5% for detached homes, and 28.6% for attached homes.

•Supply increased 41.2% for detached homes, and 61.5% for attached homes.

*Percent changes are calculated using rounded figures. Current as of February 8, 2019. All data from Shared Paragon Network.

San Diego Real Estate Activity

If you’re curious about your home’s value, contact us for a free market analysis: https://bit.ly/2Cb3R6r.

Eric & Deva Edelman, Realtors
Century 21 Award | DRE# 01430056
9934 Mercy Road San Diego, CA 92129
Phone: 858.673.7573
Email: edelmanrealty@gmail.com