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San Diego Real Estate Sales Slow Down But Prices Continue To Rise

By Mike in October 2014 with 0 Comments

San-diego-real-estateSo the numbers are in, sales have slowed down dramatically so far in 2014. That being said, we’re still seeing a small rise in pricing, although nowhere near the double digit growth patterns that we’ve been seeing year over year since 2011.

San Diego Real Estate is no exception. According to a recent article on cnbc.com, San Diego Real Estate sales volume  dropped 18.5% in July, from July 2013.

It appears that with lending conditions still tight, and prices still rising, “on the fence” home buyers are not able to make their dollar stretch far enough to purchase. The median price of a home in San Diego did rise 6.6% year over year, meaning that although slower than previous years, San Diego Real Estate is still a strong investment option.

For more information about the San Diego Real Estate market, or for a free consultation of your home’s current value, feel free to reach out to us anytime. We look forward to helping you find your next home. ')}