UNIVERSITY HEIGHTS / NORMAL HEIGHTS / TALMADGE MARKET UPDATE

CONDOS

San Diego, CA 92116

Fri Sep 10 2021
This week the median list price for San Diego, CA 92116 is $485,000 with the market action index hovering around 83. This is an increase over last month's market action index of 73. Inventory has increased to 8. Click here to stay informed with the San Diego market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Buyer'sMarketSeller'sMarket0102030405060708090100TodayTodayLast MonthLast Month8383

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the San Diego market.
Median List Price
$485,000
Median Price of New Listings
$405,000
Per Square Foot
$543
Average Days on Market
11
Median Days on Market
4
Price Decreased
13%
Price Increased
13%
Relisted
13%
Inventory
8
Median Rent
$1,945
Market Action
83
Strong Seller's Market
7-Day Average90-Day AverageSep 2018Jan 2019May 2019Sep 2019Jan 2020May 2020Sep 2020Jan 2021May 2021Sep 2021$300K$350K$400K$450K$500K$550K$600KJul 02 20217-Day Average: $44500090-Day Average: $458230.77

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Comments

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