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

505 Properties
Page 1 of 43
$399,000
Neighborhood: Mission Valley
1
Beds
1
Baths
667
Sq.Ft.
1979
Year Built
1
Day on Site
230001855
MLS
Wonderful location in the heart of San Diego! Only minutes walk to SDSU Snapdragon stadium. Easy entrance onto the 8 and 15 Freeways. A few of the homes many upgrades include: Granite kitchen...
Open 1/29
293 Coolwater San Diego,  CA 92114
$630,000
Neighborhood: San Diego
3
Beds
1F11/2
Baths
1,400
Sq.Ft.
1960
Year Built
1
Day on Site
230001856
MLS
Register to Show and get confirmation AND/OR text LA with CADRE# and contact prior to showing. On the lockbox at the North side of the house on the meter. Need gate lock to enter into side front gate...
Open 1/29
836 Ida Ave. Solana Beach,  CA 92075
$1,595,000
Condo: Del Mar Downs
3
Beds
2F11/2
Baths
1,627
Sq.Ft.
1987
Year Built
1
Day on Site
230001857
MLS
Perched high on a quiet Solana Beach Street, and featuring breathtaking Ocean, sunset, and Del Mar Racetrack views, this 3-bedroom, 2.5 bathroom townhome was fully remodeled in 2022 and ready for...
Open 1/29
838 Ida Ave. Solana Beach,  CA 92075
$1,275,000
Condo: Del Mar Downs
2
Beds
2F11/2
Baths
1,170
Sq.Ft.
1987
Year Built
1
Day on Site
230001858
MLS
Perched high on a quiet Solana Beach Street, and featuring breathtaking Ocean, sunset, and Del Mar Racetrack views, this 2-bedroom, 2.5 bathroom townhome was fully remodeled in 2022 and ready for...
4
Beds
3
Baths
2,308
Sq.Ft.
1996
Year Built
1
Day on Site
305857764
MLS
Showings start January 28th, please text or call before

Showings start January 28th, please text or call before
3
Beds
2
Baths
1,059
Sq.Ft.
1986
Year Built
1
Day on Site
305858315
MLS
This stunning 3 bedroom, 2 bathroom condominium in Rancho San Diego boasts 1,059 square feet of living space and is the perfect blend of style and comfort. The open floor plan offers a spacious...
3
Beds
2F11/2
Baths
1,040
Sq.Ft.
1964
Year Built
1
Day on Site
305860164
MLS
Single story detached home with spacious front yard and back yards. Covered patio, built in barbeque, granite countertops, outdoor shower. Freshly painted interior. Stainless steel appliances, wine...
Open 1/29
12359 Cornwallis Sq San Diego,  CA 92128
$1,099,000
Neighborhood: Heritage Hill
3
Beds
2F11/2
Baths
1,924
Sq.Ft.
1990
Year Built
1
Day on Site
230001860
MLS
Welcome to the Heritage Hill. This charming house has it all: location, canyon views, charm, proximity to 15 & 56 freeways, walking distance to multiple plazas, restaurants, elementary school, and...
4
Beds
3
Baths
2,766
Sq.Ft.
1988
Year Built
1
Day on Site
305796608
MLS
This magnificent gem of a home is tucked away on a quiet cul-de-sac located in Bonita Long Canyon Estates. A modern masterpiece with smooth stucco finish gives this property a one-of-a-kind golden...
2
Beds
2
Baths
1,440
Sq.Ft.
1975
Year Built
1
Day on Site
305863232
MLS
Beautiful, fully remodeled 2 bedroom, 2 bath in the highly desirable Palomar Estates East Senior Mobile Home Park (less than 10 miles to the beach) with PAID SOLAR! Great layout for a mobile home...
2
Beds
2
Baths
955
Sq.Ft.
1994
Year Built
1
Day on Site
305863240
MLS
Move-in Ready, Spacious top floor with vaulted ceilings. This 2bd + 2 ba. Features a modern kitchen with granite counter-tops, new double pane windows, Stainless steel appliances, new Laminated wood...
1
Beds
1
Baths
578
Sq.Ft.
1979
Year Built
1
Day on Site
305863241
MLS
Gorgeous upstairs 1 bed,1bath unit located close to the clubhouse and front gate. This unit comes with one carport parking space and guest parking right at the steps of the unit. Recently remodeled...

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