Is Western 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, Western San Diego has remained a Seller's Market.
Housing Prices in Western San Diego, CA
How much do homes in Western San Diego, CA cost?
Median Sold Price
$880,000
$764/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Western San Diego was $880,000 in April 2024, up 3.3% from last year, and the median price per square foot was $764.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $475K | $485.5K | +2.2% |
2 Bedrooms | $726K | $759.4K | +4.6% |
3 Bedrooms | $1.3M | $1.3M | +4.7% |
4 Bedrooms | $1.8M | $1.7M | -6.1% |
5+ Bedrooms | $2.1M | $2.4M | +15.1% |
Summary: Western San Diego housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 15.1%.
Median Sold Price Compared To Nearby Neighborhoods
Western San Diego | $851.8K | $880K | +3.3% |
Roseville - Fleet Ridge | $1.8M | $1.7M | -6.4% |
Housing Supply in Western San Diego, CA
How many homes are available in Western San Diego, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
339 | 354 | +4.4% |
Summary: The Western San Diego real estate market had 354 homes for sale in April 2024, a 4.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 64 | 55 | -14.1% |
2 Bedrooms | 108 | 137 | +26.9% |
3 Bedrooms | 99 | 90 | -9.1% |
4 Bedrooms | 47 | 49 | +4.3% |
5+ Bedrooms | 21 | 23 | +9.5% |
Summary: The Western San Diego housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.1%, 2 bedroom homes increased by 26.9%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 9.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
106 | 90 | -15.1% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
37 Homes Were Sold
Over Asking
Summary: A total of 90 homes were sold or pending in Western San Diego in April 2024, down by 15.1% month-over-month. Of the 90 sold homes, 43% were sold under asking, 16% were sold at asking, and 41% were sold over asking.
Days on Market for Western San Diego, CA
How long does it take to sell a home in Western San Diego, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 23 Days | +15.0% |
Summary: Homes in Western San Diego had an average of 23 days on market in Apr 2024, up by 15% compared to last year.
Breakdown of Home Sale Times
67 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 90 homes were sold in Western San Diego; 74% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.