House Prices are 5%

May 2, 2023

San Diego home prices are rising again. Up 5% in a month

San Diego County had seen prices fall nine months in a row until March. The median for all homes was $790,000.

San Diego County’s median home price rose 5.3 percent in March — reversing nine months of declines — to $790,000, according to CoreLogic data released Tuesday. The region’s median, the point at which half the homes sold for more and half for less, is still down 1.3 percent annually.

Rising mortgage rates had softened the red-hot market in recent months. Yet real estate agents said competition over limited supply, and realization rates weren’t decreasing, pushed buyers to make a move.

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1 Story,

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Incredible flat back yard with numerous fruit trees; Apricot, avocado, fig, loquat, Mexican guava, pomegranate, cumquat, orange, lemon, mandarin lime, peach, and fuyu persimmon.

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