2024 San Diego Real Estate Market Trends

The San Diego real estate market continues to evolve in 2024, presenting both opportunities and challenges for buyers and sellers. Here's our comprehensive analysis of current trends and future projections. Key Market Indicators: - Home prices have stabilized with moderate appreciation - Inventory levels are gradually improving - Interest rates are showing signs of stabilization - Buyer demand remains strong in prime locations What This Means for Buyers: More options are becoming available, and the market is slightly less competitive than in previous years. This creates opportunities for well-prepared buyers to find their ideal home. What This Means for Sellers: While the market has cooled from its peak, well-priced homes in desirable locations are still selling quickly. Strategic pricing and professional presentation remain crucial.