San Diego Market April 10, 2024

George Lorimer
Wednesday, April 10, 2024
San Diego Market April 10, 2024

George Lorimer at 619-846-1244
Your Home Sold Guaranteed, or I'll Buy It!* 

Since 28% of San Diego homes have a price reduction, you might think there is a price decline. No, that isn't happening; most homes sell at the asking price. We see a balance between a low supply of homes and low buyer demand. The buyer demand is outpacing the supply of homes, keeping home prices at current levels.

Half of the homes are sold in 21 days or less, and half are sold in over 21 days (21 days is the median days on the market. The average days on the market is 44 days. *Add 30 days for the escrow period to get a realistic idea of the 2.5-month duration from beginning to end.

Buyer demand slightly exceeds the supply of homes, causing prices to increase. To get more info or to see what your home will sell for today, click here.

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Half of the homes are sold in 21 days or less, and half are sold in over 21 days (21 days is the median days on the market. The average days on the market is 44 days. *Add 30 days for the escrow period to get a realistic idea of the 2.5-month duration from beginning to end. 

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