$10,000 Closing Credit*
$959,000
2,242 SqFt
4 Beds
•3 Full Baths
Luis Blanco, Listing Office: Luis Blanco Real Estate
Is Central San Diego, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Central San Diego was a Seller's Market.
Key Takeaway
Central San Diego is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Central San Diego, CA
How much do homes in Central San Diego, CA cost?
Median Sold Price
$755,000
$735/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$29,642(-3.8%)
Key Takeaway
Homes in Central San Diego have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in Central San Diego was $755,000 in November 2024, down 3.8% from last year, and the median price per square foot was $735.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $550K | $573.7K | +4.3% |
| 2 Bedrooms | $932K | $875.8K | -6.0% |
| 3 Bedrooms | $1.1M | $1.2M | +13.6% |
| 4 Bedrooms | $1.4M | $1.0M | -26.5% |
| 5+ Bedrooms | $1.1M | $1.4M | +26.6% |
Summary: Central San Diego housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes decreased by 6%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 26.5%, and 5+ bedroom homes increased by 26.6%.
Housing Supply in Central San Diego, CA
How many homes are available in Central San Diego, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 296 | 302 | +2.0% |
Summary: The Central San Diego real estate market had 302 homes for sale in November 2024, a 2.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 93 | 88 | -5.4% |
| 2 Bedrooms | 164 | 170 | +3.7% |
| 3 Bedrooms | 30 | 34 | +13.3% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Central San Diego housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.4%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 56 | 46 | -17.9% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central San Diego, you may be able to get a good deal. 73.9% of homes here sold below asking price last month.
Summary: A total of 46 homes were sold or pending in Central San Diego in November 2024, down by 17.9% month-over-month. Of the 46 sold homes, 74% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Central San Diego, CA
How long does it take to sell a home in Central San Diego, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 49 Days | +62.5% |
Summary: Homes in Central San Diego had an average of 49 days on market in Nov 2024, up by 62.5% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Central San Diego are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 46 homes were sold in Central San Diego; 43% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.