September 2017 San Diego Real Estate Update

September 2017 San Diego Real Estate Update

Fall is Here!  Weather is Finally Cooling Down ...When Will this HOT Market Do the Same ?!

September San Diego Real Estate Update 2017

This time of year marks the bittersweet transition out of summer into fall. Life seems to slow as the weather starts to cool down & the kids are back in school. Likewise, the housing market has historically seen a slight cool down in buyer activity around this time of year.

However, market savvy buyers and sellers know that deals can still be made well into the school months. Inventory levels this month are down 26.4% compared to this time last year, thus resulting in the median sales price increasing again 9.4% across San Diego county.  With inventory levels still very low across our housing market, we can expect competition to remain fierce to buy available listings. We are seeing very low days-on-market with multiple offer situations becoming less and less unusual for sellers on today's market.

All-in-all, as San Diego may now be finally cooling down outside, it's safe to say that the heat of this housing market is here to stay!

Article from San Diego Real Estate Today

Joseph Arendsen Headshot
Phone: 760-672-0174
Dated: September 25th 2017
Views: 142
About Joseph: Having been raised in North County San Diego, Joseph has a great wealth of experience and knowledge ...

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