• Rising Prices, Fast Sales & Low Inventory •
The housing market in San Diego continued to show resilience with increasing home prices due to low inventory levels as we move into spring from Feb 2024. New listings are on the rise, but fierce competition to snatch up limited homes for sale is driving fewer days on market and may put upward pressure on prices during peak real estate season this spring and summer.
This snapshot of the latest San Diego real estate stats from last month in February 2024 shows the percentage change year-over-year in comparison with February 2023. Limited inventory of homes for sale has fueled a sharp uptick in prices. Read on for a detailed analysis of this historical data and what impact these metrics have on Sellers, Buyers, and real estate trends around your neighborhood in San Diego.