Sales are ⬇️, Inventory is ⬇️, but Prices are at an All Time High!
Ok, so prices aren't at an all time high.. some areas are still well below the high seen in 2006; however, when compared to the last 8 years, we are seeing prices soarto new heights! We have experienced this large price increase in 2017 due to the high demand and lack of inventory. We have plenty of buyers attempting to move to San Diego, however we just don't have enough homes for them all. This market condition sparks bidding wars; which in turn has caused our housing prices to climb.
Here are the numbers to back that up..
Inventory down Median Sales Price up Interest rates down
Having been raised in San Diego, Joseph has a great wealth of knowledge of each community San Diego has to offer. Combined with being extremely hard working, having a great attention to detail, and having the ability to listen Josephs clients receive an elite level of service.
Market Watch: Is "Big Change" on the Horizon??Scary times ahead? Well,
"Joseph and his team are amazing and will help you find your perfect home in San Diego. Cannot recommend him enough! He genuinely cares about his clients, knows the San Diego real estate market's ins-and-outs, and he dives in to get the job done and to make sure everyone is smiling at the end of the deal!"