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Today I wanted to provide you with a brief real estate market update for the San Diego area. We're currently seeing a balanced market for both buyers and sellers.
Inventory is currently a little low, and now is a good time to take advantage of this. Homes that are priced properly and staged well are selling quickly and for top dollar.
Last month we also saw a 7% increase in detached home sales and an 11% increase in condo sales. This tells us that the market is beginning to warm up. Even though inventory might be a little tight, we expect a lot more homes to come onto the market as we delve deeper into the spring and summer months. High affordability is also going to have a lot of extra buyers on the market this year, so if you're not already making moves, then now is the time to do so.
If you need help buying or selling in San Diego, please don't hesitate to contact us. We would love to speak with you!
