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Record High Median Home Sales Prices


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March is not just a month of blooming flowers and warming weather, it is the start of real estate's Spring market! Read on for real estate updates, local events, and articles curated just for you!



 

San Diego Real Estate


San Diego County Sees Record High Median Home Sales Prices in February

In February, the median sales price for single-family detached homes in San Diego County soared to a new peak of $1,035,000, surpassing previous highs of $1,000,000 in April 2022 and $1,015,000 in August 2023.




Attached homes also experienced a significant increase, with the median sales price reaching $662,000, coming close to the all-time high of $665,000 set in May 2022.



As we approach the start of the Spring Housing market in mid-March, we anticipate an influx of homes entering the market, potentially providing relief to the current inventory shortage. Any increase in available homes will be a welcome development! We expect inventory to gradually grow until reaching its peak in the summer, typically between July and August. However, it's important to note that a decrease in mortgage rates could hinder inventory growth and may even lead to a decline earlier than usual.


Stay tuned for more updates as we navigate the dynamic real estate market in San Diego County. If questions arise in the meantime, please give us a call at 619.890.2877.


 

Upcoming Listings


To my amazing clients and advocates:

We have three beautiful listings that will be hitting the market in the next several weeks:

** single-family home in Escondido near Lake Hodges

** single-family home + ADU in North Park near Morley Field

** single-family home in the South Bay


Call 619.890.2877 for more information


And if you didn't realize that we cover the entire County of San Diego, this is proof!


 

Recent Activity


PENDING

Poway

5 Bed | 5 BA | 3,279 SF | $2,200,000

Representing Buyer




PENDING

CORE-COLUMBIA

2 BD | 2 BA | 1370 SF | $1,795,000

Representing Seller




PENDING

NORTH PARK

8 BD | 6 BA | 3912 SF | $2,600,000 Representing Seller



SOLD

Mission Valley West

2 BD 2 BA 866 SF $600,000

Representing Seller




SOLD

El Cerrito

3 BD | 2 BA | 1,423 SF | $1,110,000

Represented Seller



 

Local Happenings


MARCH 1ST - MAY 12TH

Carlsbad Flower Fields

The iconic Carlsbad Flower Fields are back! Treat yourself to a stroll through beautiful arrays of spring florals, all within a 55-acre, ocean-view plot. A great day-trip for picture-esc backgrounds and plenty of fun for the whole family.


MARCH 16TH, 2PM - 11PM

San Diego ShamROCK

Looking for the most extravagant way to celebrate St Patty's? The Gaslamp will be crawling with lil' leprechauns toting their best outfits, popping a jig to some of the best Irish & Celtic Rock and tribute bands, Irish dancers, with plenty of green pints-and-bites, and shenanigans galore! Compete to win prizes, and be prepared to party all night long!


MARCH 18TH - MAY 14TH

Butterfly Jungle Safari

The true mark of Spring is when butterflies make their annual stop to the San Diego Zoo Safari Park! The Butterfly Jungle Safari is now officially back open for all to see their vibrant colors, learn about migratory patterns, and the important factor they play in our environment! Don't miss this opportunity to experience the wonder!


MARCH 28TH, 1PM

Padres Opening Day

The San Diego Padres take on the Giants for 2024 Opening Day, but not without a massive block party! Stick around the whole weekend to celebrate the 20th anniversary of Petco Park with live music, $5 drinks, merch, and KidFest.

 

Lifestyle Tips and Tricks


Top 10 Hottest Housing Marketings in 2024

The top 10 hottest housing markets are expected to be spread across the South, Northeast and Midwest this year, according to an analysis by real estate marketplace Zillow.

But a 'hot' market isn't always great for would-be buyers...


Younger Buyers Want Baby Boomers to Update Their Homes

Millennials are worried they'll inherit properties in need of major renovations and repairs, which could further hamper affordability, a new survey shows.





Noel Wheeler

REALTOR

619-890-2877

DRE#01373389

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