Summary of Housing Market Trends in San Diego, CA 92122
When comparing the most recent 6 month period with the same period last year, the median $/Sqft changed 4%, indicating an increasing property values trend. There are currently 3 months of housing inventory, indicating a balanced supply/demand trend, the typical marketing time over the past 30 days was 8 days, and the ratio of bank/short sales to other sale types has changed -66% over the past year to 9% of all sales.