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September 3, 2015

San Diego Housing Market Forecast

by Bob Schwartz

San Diego housing market forecast 2015

The San Diego housing market is strong and still has only a two month homes for sale inventory.

The San Diego Association of Realtors recently reported that 2251 single-family homes sold in July. This amount was actually down approximately 11% from June, but still up 12% from a year ago.
Also, for June, it was reported that attached homes were down 8% in July from June but again the attached home sales were up approximately 14% in July when compared to July 2014. The median home price for July 2015 was reported to be $555,000, up from July 2014!Central Library San Diego - San Diego housing market forecast
San Diego housing market forecast

In San Diego County, the highest price for a single-family home to sell during the first half of this year was $14,300,000 for a home that was located in La Jolla.

Search the entire San Diego MLS listings database of homes for sale. Every month view San Diego events and activities. See actual real estate activity for selected San Diego neighborhoods. This includes active, pendings and sold home sales with the final sales prices shown at:
https://www.brokerforyou.com/brokerforyou

Put Bob Schwartz’s 30 years of residential real estate experience to work for YOU!

San Diego California real estate broker – Bob Schwartz, Ca. license 00706331.

Some interesting San Diego California information from Wikipedia:
San Diego’s climate is characterized by warm, dry summers and mild winters with most of the annual precipitation falling between November and March. The city has mild, mostly dry weather, with an average of 201 days above 70 °F (21 °C) and low rainfall (9–13 inches (23–33 cm) annually). Summer temperatures are generally warm, with average highs of 70–78 °F (21–26 °C) and lows of 55–66 °F (13–19 °C). Temperatures exceed 90 °F (32 °C) only four days a year. Most rainfall occurs from November to April. Winter temperatures are mild, with average high temperatures of 66–70 °F (19–21 °C) and lows of 50–56 °F (10–13 °C).

The climate in the San Diego area, like much of California, often varies significantly over short geographical distances resulting in microclimates. In San Diego’s case this is mainly due to the city’s topography (the Bay, and the numerous hills, mountains, and canyons).

Frequently, particularly during the “May gray/June gloom” period, a thick marine layer will keep the air cool and damp within a few miles of the coast, but will yield to bright cloudless sunshine approximately 5–10 miles (8.0–16.1 km) inland. This happens every year in May and June. Even in the absence of June gloom, inland areas tend to experience much more significant temperature variations than coastal areas, where the ocean serves as a moderating influence.

 

 

San Diego housing market forecast

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