"In September, home prices fell substantially from the month before, with a median listing price of $866,000. The number of listings on the market shrank 3.6% from last month, which is a bigger decrease than normal for this time of the year in San Diego, and homes are also selling slower than at the same time last year. Home prices in San Diego Typically, home price per square foot in San Diego tend to fall in September."
"And the most recent data shows that the price per square foot decreased by 0.9% compared with the month before. So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 0.8%, which means price changes in America's Finest City are larger the national market. San Diego inventory In September, there were 2,173 homes for sale in San Diego, which was 3.6% less than the month before and 29.4% more than the same time last year."
Median listing price in September was $866,000 following a substantial month-over-month decline. Listings on the market fell 3.6% from the prior month, a larger-than-normal seasonal decrease, while active inventory was 29.4% higher than the same month last year. Price per square foot in San Diego decreased 0.9% month-over-month versus a 0.8% national decline, indicating larger local shifts. There were 2,173 homes for sale in September. Homes averaged 43 days on market, one day longer than the prior month and seven days longer year-over-year, compared with 62 days nationally.
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