San Diego Housing Market

San Diego Housing Market

If you like the sun, luxury housing, and many amenities,  San Diego County is a real estate market for you. San Diego has amazing beaches and fantastic weather, but you pay for these luxuries.

Recent inflation figures have shocked the system, and American consumers have not seen such data in decades. Prices are affected by the supply. A large market of houses for sale either brings prices down or brings growth. San Diego is a wonderful place to live if you can afford it. San Diego has bypassed San Francisco and is the nation's least affordable metropolitan area for housing.

The greater San Diego area shows a decline in existing home sales, but sales prices continue to rise. Inventory is a problem. A housing market is considered balanced if there is a 4-6 month inventory of homes available. When it comes to existing single-family homes, San Diego has an inventory of 1.4 months. There are not enough sellers to bring the prices down. It is a seller's market currently. Real estate can only switch to a buyer's market if supply rises to an inventory of five months. The San Diego real estate market has developed a reputation for providing investors with attractive returns. The unique combination of demand, economic strength, and value catered to real estate entrepreneurs for years.

It does not look too good for mortgage rates to go down soon. The Federal Reserve intends to raise the Federal Funds rates several times this year to bring down inflation, and experts expect that mortgage rates will continue to move upward. Currently, the National Mortgage Interest Rate Average is 5.48% for a 30-year fixed mortgage and 4.74% for a 15-year fixed mortgage. The typical home value of San Diego houses is now $969,595. That is an increase of 27.9% over the past year.

The latest San Diego housing market forecast also calls for an increase in both rental activity and pricing. As homes continue to increase in value and inventory remains low, more people will turn to the rental market over the next year. The added attention will increase competition for available units, and landlords will be able to increase prices, presumably in line with housing costs.

San Diego is one of the more pricy housing market in the United States. Earnings have not been able to keep pace with increasing house prices, and we are locked into a seller's market for some time to come. The best thing to do if you want to buy a home makes a plan for yourself.

Browse the Newest San Diego County Listings

705 Properties
Page 1 of 59
$750,000
Neighborhood: Chula Vista
3
Beds
2
Baths
1,197
Sq.Ft.
1974
Year Built
1
Day on Site
220025066
MLS
This Potential Single Story Home is located in Chula Vista. Just West of 125 South Bay Expy. 3BR/2BA, 2 Car Garage, 1,197 sq.ft. Lot size 7,502 sq.ft., Solar System, Close to Shopping Malls. Approx....
2
Beds
1
Baths
1,440
Sq.Ft.
1969
Year Built
1
Day on Site
305490577
MLS
Nice, comfortable home in highly sought after Rancho Calevero senior park, 55+ community. Space rent is only $637 and no property taxes. In rent controlled district. Large living room with fireplace!...
Open 10/8
306 Dewane El Cajon, CA 92020
$949,999
Neighborhood: Fletcher Hills
4
Beds
2
Baths
2,154
Sq.Ft.
1976
Year Built
1
Day on Site
220025069
MLS
BEST OF THE BEST! High end finishes in the always desirable Fletcher Hills neighborhood! Subzero fridge/freezer, custom wood paneling. Double Miele ovens, Miele dishwasher, 8 burner gas Viking range...
$3,445,000
Neighborhood: Sandalwood
5
Beds
4F11/2
Baths
3,967
Sq.Ft.
2000
Year Built
1
Day on Site
305802411
MLS
Nestled in the highly coveted gated community of Sandalwood, this executive home has it ALL! Boasting just under 4000 sq ft, this 5 BD/4.5 bath home includes formal living and dining rooms, spacious...
2
Beds
3
Baths
1,508
Sq.Ft.
1974
Year Built
1
Day on Site
305798680
MLS
Welcome to The Sanctuary! A one of a kind townhome with unobstructed west facing water and sunset views. Located on the front row of the Buena Vista Lagoon in a tranquil and peaceful setting. Rarely...
$4,825,000
Neighborhood: Del Mar Country Club
5
Beds
7
Baths
6,311
Sq.Ft.
2001
Year Built
1
Day on Site
220025071
MLS
Nestled behind the beautiful gates of exclusive Del Mar Country Club awaits this Danny Hampel Custom single level home in which you can relax & enjoy the comfort of your own private resort. Designed...
$749,000
Neighborhood: Bankers Hill
1
Beds
1F11/2
Baths
931
Sq.Ft.
2004
Year Built
1
Day on Site
220025076
MLS
Great opportunity to own in the historic former FBI Headquarter building - converted into upscale urban living! This top floor unit has just what the sophisticated buyer is looking for! Spectacular...
$1,400,000
Neighborhood: College West
4
Beds
3F11/2
Baths
2,674
Sq.Ft.
1958
Year Built
1
Day on Site
220025078
MLS
No description available...
$1,645,000
Neighborhood: La Princesa
1
Beds
1
Baths
995
Sq.Ft.
1979
Year Built
1
Day on Site
305797923
MLS
Stunning ocean views from this high floor unit in highly sought La Princesa Tower. This large 1Bd/1Ba unit offers gorgeous coffered ceilings, granite countertops throughout and powered blinds....
$1,995,000
Neighborhood: Encinitas Highlands
2
Beds
2
Baths
900
Sq.Ft.
1962
Year Built
1
Day on Site
305799182
MLS
LOCATION, LOCATION, LOCATION! West of I-5 and a 10-minute walk to Downtown Encinitas 101 and Swami's. First time on market. Encinitas Highlands home with a huge 21,300 sq.ft. lot. There are over 20...
$820,000
Neighborhood: Country Club
3
Beds
2
Baths
2,085
Sq.Ft.
1980
Year Built
1
Day on Site
305802449
MLS
Your new charming lifestyle revealed at this stunning single story Escondido home off of West Country Club Lane. Arrive at the home with meticulously maintained landscaping and step inside your...
4
Beds
2
Baths
1,560
Sq.Ft.
1972
Year Built
1
Day on Site
305802453
MLS
DUPLEX, 2 BEDROOM / 1 BATH EACH-GREAT INVESTMENT OPPORTUNITY, CENTRALLY LOCATED DUPLEX EACH WITH 2 BEDROOMS AND 1 BATH. THEY NEED WORK, PROPERTY HAS ALLEY ACCESS.

DUPLEX, 2 BEDROOM / 1 BATH...

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