Real Estate Market Report for March

  • 04/15/22

March is the perfect time to get an early start on spring cleaning to add freshness to your space. It’s also the month to stay privy to the latest trends for the San Diego County market. 

This month, average SOLD prices are $1.349, up 29.1% from March's average in 2021 of $1.052. That means sellers will continue to have an advantage moving forward. We continue to see homes sell for over asking price. But, buyers, don’t worry. With a our skilled team, we can make your offer too good to miss out on. 

Overall, the market is heating up this month. With 2,271 new listings in San Diego County, and 1,927 closings, the San Diego market is sitting at months of inventory 36% lower than last year. Buyers, now is not the time to get cold feet! With rising interest rates, now is still the time to lock in your home. It has never been more important to have an experienced team representing you. Call or email me if you’re interested in taking advantage of the current market.

CLICK HERE to Dig Deeper into Local Monthly Indicators Here

 

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