March 2022 San Diego County Market Report

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• March 2022 Update on San Diego Real Estate Trends in Early Spring •

As we head into the second quarter of the year, California home prices remain elevated above last year’s levels. According to C.A.R.’s latest report, March’s statewide median home price was $849,080, up 11.9 percent from March 2021.

As home prices continued to grow in all major regions, San Diego led the way ticking up by 7 percent from the previous month. All four areas, especially the San Francisco Bay and Sacramento, have seen an increase in active listings, leaving buyers with more inventory to choose from this spring.

Despite higher mortgage rates and price increases in most regions, California buyers are not pulling back from realizing their homeownership goals. Here’s a detailed look at March numbers plus a few newly listed properties from reali.com.

San Diego County Market Stats: March 2022

1,468 Homes for Sale
3% Month-over-Month Change

2,866 Homes Sold
28% Month-over-Month Change

$1.1M Average Price
7% Month-over-Month Change

Want more insight into your specific neighborhood or data insights for your local district? Request a free neighborhood market report.

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Call us at 858.880.0195 or email portia.green@compass.com to get started with Reali today.

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About The Author
Portia Green, REALTOR®

Portia's clients all have a similar story. She feels like a friend and most likely you met her at the kitchen table or huddled up in the living room. Her personable nature and easy going approach attract sellers and buyers alike, in what can be a stressful and emotionally charged experience. An experienced REALTOR® with 15 years experience, she is just as excited about real estate today as she was with her first transaction. Portia remains ever-committed to helping her clients find their place in the world and helping busy people navigate this crazy real estate market like a pro.

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