Is Northern San Diego, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Northern San Diego has remained a Seller's Market.
Housing Prices in Northern San Diego, CA
How much do homes in Northern San Diego, CA cost?
Median Sold Price
$1,430,442
$858/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Northern San Diego was $1,430,442 in April 2024, up 9.7% from last year, and the median price per square foot was $858.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $550K | $581.5K | +5.7% |
2 Bedrooms | $875K | $910.1K | +4.0% |
3 Bedrooms | $1.4M | $1.5M | +1.8% |
4 Bedrooms | $1.9M | $2.1M | +8.8% |
5+ Bedrooms | $2.6M | $2.6M | -0.9% |
Summary: Northern San Diego housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.7%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes decreased by 0.9%.
Median Sold Price Compared To Nearby Neighborhoods
Northern San Diego | $1.3M | $1.4M | +9.7% |
Torrey Hills | $2.0M | $1.9M | -8.3% |
Housing Supply in Northern San Diego, CA
How many homes are available in Northern San Diego, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
459 | 508 | +10.7% |
Summary: The Northern San Diego real estate market had 508 homes for sale in April 2024, a 10.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 43 | 54 | +25.6% |
2 Bedrooms | 122 | 135 | +10.7% |
3 Bedrooms | 127 | 146 | +15.0% |
4 Bedrooms | 104 | 104 | 0.0% |
5+ Bedrooms | 63 | 69 | +9.5% |
Summary: The Northern San Diego housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25.6%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 15%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 9.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
134 | 139 | +3.7% |
Asking Price vs. Sold Price
69 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
54 Homes Were Sold
Over Asking
Summary: A total of 139 homes were sold or pending in Northern San Diego in April 2024, up by 3.7% month-over-month. Of the 139 sold homes, 50% were sold under asking, 12% were sold at asking, and 39% were sold over asking.
Days on Market for Northern San Diego, CA
How long does it take to sell a home in Northern San Diego, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 19 Days | -15.4% |
Summary: Homes in Northern San Diego had an average of 19 days on market in Apr 2024, down by 15.4% compared to last year.
Breakdown of Home Sale Times
114 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 139 homes were sold in Northern San Diego; 82% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.