Is Northeastern 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, Northeastern San Diego has remained a Seller's Market.
Housing Prices in Northeastern San Diego, CA
How much do homes in Northeastern San Diego, CA cost?
Median Sold Price
$1,014,240
$639/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Northeastern San Diego was $1,014,240 in April 2024, up 10.2% from last year, and the median price per square foot was $639.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $425K | $464K | +9.2% |
2 Bedrooms | $640.1K | $656.6K | +2.6% |
3 Bedrooms | $960.5K | $1.0M | +10.2% |
4 Bedrooms | $1.2M | $1.3M | +10.3% |
5+ Bedrooms | $1.5M | $1.5M | +2.9% |
Summary: Northeastern San Diego housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.2%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 2.9%.
Median Sold Price Compared To Nearby Neighborhoods
Northeastern San Diego | $920K | $1.0M | +10.2% |
Oaks North | $760K | $775K | +2.0% |
Seven Oaks | $800K | $802.5K | 0.3% |
Housing Supply in Northeastern San Diego, CA
How many homes are available in Northeastern San Diego, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
318 | 364 | +14.5% |
Summary: The Northeastern San Diego real estate market had 364 homes for sale in April 2024, a 14.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 11 | 0.0% |
2 Bedrooms | 102 | 110 | +7.8% |
3 Bedrooms | 101 | 116 | +14.9% |
4 Bedrooms | 76 | 93 | +22.4% |
5+ Bedrooms | 28 | 34 | +21.4% |
Summary: The Northeastern 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 7.8%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
121 | 124 | +2.5% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
81 Homes Were Sold
Over Asking
Summary: A total of 124 homes were sold or pending in Northeastern San Diego in April 2024, up by 2.5% month-over-month. Of the 124 sold homes, 27% were sold under asking, 8% were sold at asking, and 65% were sold over asking.
Days on Market for Northeastern San Diego, CA
How long does it take to sell a home in Northeastern San Diego, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 12 Days | -29.5% |
Summary: Homes in Northeastern San Diego had an average of 12 days on market in Apr 2024, down by 29.5% compared to last year.
Breakdown of Home Sale Times
117 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 124 homes were sold in Northeastern San Diego; 94% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.