San Diego Real Estate Market Update – Prices on the Rise!

Serving Families across San Diego County since 2014 April's data shows a strong seller's market with rising prices and faster sales – act now! I wanted to share some critical insights from April's San Diego real estate market. The market remains highly competitive, with notable changes in sales volume, average prices, and days on the market. Rising Prices: Detached homes: Average price up 7.9% from March and 11.9% from last year. Attached homes: Average price is up 3.6% from March and 10.9% from last year. Faster Sales: Detached homes: Average days on the market down 10.3%. Attached homes: Average days on the market down 9.7%. Increased Sales Volume: Detached homes: Up 11.9% from last year. Attached homes: Up 15.6% from last year. Despite a slight increase in transactions (7,185 this April vs. 7,103 last year), the substantial rise in sales volume is driven by rapid market appreciation. This confirms we are still in a strong seller's market. What This Means for You: Buyers: Work with me to act quickly. Prices are rising weekly. Work with a professional to navigate this competitive market and find the best deals. Sellers: Now is an excellent time to sell. Homes priced correctly are seeing very motivated buyers and multiple offers (often above asking). I can help you optimize your pricing. As we head into summer, the market typically heats up even more. I anticipate continued growth favoring sellers. Reach out today with your questions. I'm here to help you make the most of this dynamic market. See all the market data here Read my Reviews Ready to make a move? Give me a call today! See all of my listings here