$3,800,000
2,053 SqFt
2 Beds
•2 Full Baths
Elsa Benedict, Listing Office: Compass
Is Northern San Diego, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Northern San Diego has remained a Seller's Market.
Key Takeaway
Northern San Diego is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northern San Diego, CA
How much do homes in Northern San Diego, CA cost?
Median Sold Price
$1,495,176
$891/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$172,042(+13.0%)
Key Takeaway
Homes in Northern San Diego have sold for 13% more than they did a year ago.
Summary: The median home sold price in Northern San Diego was $1,495,176 in October 2024, up 13% from last year, and the median price per square foot was $891.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $549.5K | $606.5K | +10.4% |
| 2 Bedrooms | $881.3K | $932.5K | +5.8% |
| 3 Bedrooms | $1.4M | $1.5M | +7.4% |
| 4 Bedrooms | $1.9M | $2.2M | +12.8% |
| 5+ Bedrooms | $2.6M | $2.9M | +10.4% |
Summary: Northern San Diego housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 10.4%.
Housing Supply in Northern San Diego, CA
How many homes are available in Northern San Diego, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 584 | 633 | +8.4% |
Summary: The Northern San Diego real estate market had 633 homes for sale in October 2024, a 8.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 59 | 62 | +5.1% |
| 2 Bedrooms | 155 | 166 | +7.1% |
| 3 Bedrooms | 180 | 199 | +10.6% |
| 4 Bedrooms | 106 | 111 | +4.7% |
| 5+ Bedrooms | 84 | 95 | +13.1% |
Summary: The Northern San Diego housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.1%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 13.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 128 | 138 | +7.8% |
Asking Price vs. Sold Price
85 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northern San Diego, you may be able to get a good deal. 61.6% of homes here sold below asking price last month.
Summary: A total of 138 homes were sold or pending in Northern San Diego in October 2024, up by 7.8% month-over-month. Of the 138 sold homes, 62% were sold under asking, 14% were sold at asking, and 25% were sold over asking.
Days on Market for Northern San Diego, CA
How long does it take to sell a home in Northern San Diego, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 30 Days | +6.4% |
Summary: Homes in Northern San Diego had an average of 30 days on market in Oct 2024, up by 6.4% compared to last year.
Breakdown of Home Sale Times
90 Homes Were Sold
Under 30 Days
39 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northern San Diego are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 138 homes were sold in Northern San Diego; 65% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 7% 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.