Is Southeastern 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, Southeastern San Diego has remained a Seller's Market.
Housing Prices in Southeastern San Diego, CA
How much do homes in Southeastern San Diego, CA cost?
Median Sold Price
$700,000
$525/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Southeastern San Diego was $700,000 in April 2024, up 7.7% from last year, and the median price per square foot was $525.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $367.5K | $415K | +12.9% |
2 Bedrooms | $527K | $570.5K | +8.3% |
3 Bedrooms | $641K | $681.8K | +6.4% |
4 Bedrooms | $700K | $750K | +7.1% |
5+ Bedrooms | $775K | $805K | +3.9% |
Summary: Southeastern San Diego housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.9%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 3.9%.
Housing Supply in Southeastern San Diego, CA
How many homes are available in Southeastern San Diego, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
146 | 157 | +7.5% |
Summary: The Southeastern San Diego real estate market had 157 homes for sale in April 2024, a 7.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 24 | 26 | +8.3% |
3 Bedrooms | 74 | 78 | +5.4% |
4 Bedrooms | 34 | 39 | +14.7% |
5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Southeastern San Diego housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 48 | +2.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in Southeastern San Diego in April 2024, up by 2.1% month-over-month. Of the 48 sold homes, 23% were sold under asking, 19% were sold at asking, and 58% were sold over asking.
Days on Market for Southeastern San Diego, CA
How long does it take to sell a home in Southeastern San Diego, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 15 Days | -32.1% |
Summary: Homes in Southeastern San Diego had an average of 15 days on market in Apr 2024, down by 32.1% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 48 homes were sold in Southeastern San Diego; 83% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.