San Diego home inventory increases by 1600 units

George Lorimer
Thursday, April 3, 2025
San Diego home inventory increases by 1600 units
 


What's my home worth today?

Call/text George Loirmer at 619-846-1244

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Thanks for visiting. I want to help you with your San Diego real estate journey. Call or text for specifics. George





 

If you've been wondering whether now is the right time to buy or sell a home in San Diego, here's what you need to know:

San Diego Market Snapshot:

  • Home Prices: Median home price up 3.3% year over year.
  • Inventory: Up 19% from last year – more homes available.
  • Mortgage Rates: 6.5% to 6.75% – affecting affordability and demand.
  • Median Days on Market: 16 days to sell a home.

Visit my blog for more info.


Thinking of Selling?

With limited inventory, well-priced homes are still moving quickly, and buyers are motivated. If you’re considering selling in the next few months, now may be the time to maximize your home’s value.

Looking to Buy?

While mortgage rates have fluctuated, opportunities exist for buyers ready to act. We’re seeing more motivated sellers and incentives with mortgage rate buydowns and closing costs.


Would you like a free home value report or to discuss the market? Let’s connect!


Call/text me at 619-846-1244 or reply to this email.


George Lorimer - ProWest Properties, DRE# 01146839, *Conditions apply. 

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