Real Estate Tips: San Diego Q4 2019 Quarterly Market Report

Each month, I create a recap video that quickly goes over the current real estate market in the La Jolla area. This information is super valuable if you’re a future, current or existing home owner, as it helps you understand ‘where things are at’. As I specialize in La Jolla, I only create reports for that area. However, I thought it might be useful to share our latest quarterly report (as of Q4 2019) for all of San Diego. You’ll notice (if you follow the La Jolla market) that it is much different in price point, but I think it is important to showcase the overall activity. We’ve been hearing for months now that the market is headed towards a downturn, but we really haven’t seen that reflected in the numbers yet. For a full comprehensive overview, checkout the quarterly market link below.

• Number of Homes Sold: 5,410, +10.5%

• Number of New Listings: 5460, -19.5%

• Average Days on the Market: 35, -8%

• Median Sales Price: $589,000, +5.37%