$10,000 Closing Credit*
$1,100,000
1,830 SqFt
4 Beds
•4 Full Baths
Lisa Perich, Listing Office: Berkshire Hathaway HomeServices California Properties
Is Western 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, Western San Diego has remained a Seller's Market.
Key Takeaway
Western San Diego is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Western San Diego, CA
How much do homes in Western San Diego, CA cost?
Median Sold Price
$944,375
$781/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$79,600(+9.2%)
Key Takeaway
Homes in Western San Diego have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Western San Diego was $944,375 in October 2024, up 9.2% from last year, and the median price per square foot was $781.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $480K | $479K | -0.2% |
| 2 Bedrooms | $731.7K | $755.5K | +3.2% |
| 3 Bedrooms | $1.3M | $1.3M | -1.4% |
| 4 Bedrooms | $1.8M | $1.9M | +2.2% |
| 5+ Bedrooms | $2.2M | $2.4M | +8.9% |
Summary: Western San Diego housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.2%, 2 bedroom homes increased by 3.2%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 8.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Roseville - Fleet Ridge | $1.6M | $1.8M | +10.8% |
| Western San Diego | $864.7K | $944.3K | +9.2% |
Housing Supply in Western San Diego, CA
How many homes are available in Western San Diego, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 416 | 461 | +10.8% |
Summary: The Western San Diego real estate market had 461 homes for sale in October 2024, a 10.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 50 | 55 | +10.0% |
| 2 Bedrooms | 160 | 186 | +16.3% |
| 3 Bedrooms | 132 | 134 | +1.5% |
| 4 Bedrooms | 62 | 68 | +9.7% |
| 5+ Bedrooms | 12 | 18 | +50.0% |
Summary: The Western San Diego housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 109 | 106 | -2.8% |
Asking Price vs. Sold Price
59 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Western San Diego, you may be able to get a good deal. 55.7% of homes here sold below asking price last month.
Summary: A total of 106 homes were sold or pending in Western San Diego in October 2024, down by 2.8% month-over-month. Of the 106 sold homes, 56% were sold under asking, 16% were sold at asking, and 28% were sold over asking.
Days on Market for Western San Diego, CA
How long does it take to sell a home in Western San Diego, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 29 Days | +29.3% |
Summary: Homes in Western San Diego had an average of 29 days on market in Oct 2024, up by 29.3% compared to last year.
Breakdown of Home Sale Times
74 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Western San Diego are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 106 homes were sold in Western San Diego; 70% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 5% 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.