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2018-01-08 15:07:20
HomeDex 2017 San Diego Housing Market

The Housing Market nationally and regionally is still fighting a shortage and it doesn't look that this will change anytime soon. Year over year inventory levels have been down in most markets for a couple years now and that trend is expected to persist in 2018.

Builder confidence has improved and construction job gains are measurably higher, however, it will most likely take more effort than just one year for the inventory levels to balance. 

Hopefully more sellers will feel ready and willing to list in 2018. Economic indicators such as low unemployment rates and high consumer confidence are in an improved state. 

There has been fewer sales in 2017 in comparison to the year before. The issue isn't the lower demand, it's the lower inventory. The number of homes available in San Diego County was lower by 28.6%

Home Prices in San Diego are up compared to last year. The overall median Sales price increased 9.1% to 600,000 for the year. 

92067 Rancho Santa Fe Total Closed Sales 239, up 5.3% from 2016

92014 Del Mar Total Closed Sales 224, down 3.4% from 2016

In the link below the full San Diego HomeDex report for 2017!

HomeDex San Diego Housing Market 2017


For more information about any specific neighborhood in all of San Diego, feel free to reach out to us. We will be happy to supply you with any information needed. 

Oliver Indra
INDRA Real Estate Group
Berkshire Hathaway HomeServices
California Properties Rancho Santa Fe
760 805 9336





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