According to the latest San Diego real estate market update for May 2021, the inventory of single-family homes in San Diego County has dropped drastically and the median sale price of single-family homes has increased 25.8% over the past year! This summer will be the opportune time to put your San Diego home up for sale with limited supply and white-hot buyer demand. Even though mortgage rates are beginning to rise, they are still at historic lows.
Check out the full San Diego report below to find out the pricing and inventory trends in your area.
Need help creating a clear plan of action for buying and selling during this crazy real estate market? Reach out to one of our local FirstTeam Real Estate San Diego Offices for assistance. If you have any questions about what the numbers from our San Deigo County real estate market update mean for you and your home, we’re here to help.