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Your San Diego Real Estate Update!

by Get Vyral / Tuesday, 21 May 2019 / Published in Market Update

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What’s going on in the San Diego real estate market? Before I answer that question, I have something to say: Thank you! If you’ve chosen us to help you buy or sell real estate recently, we very much appreciate it.

Now back to our main topic. Here in San Diego, we’re generally in a balanced market. Conditions can vary from neighborhood to neighborhood, but in the higher end, we’re in more of a buyer’s market, while in the lower end, we’re in more of a seller’s market.

If you’re a seller, this means if you price your home correctly and you have a good agent representing you, you’ll sell in anywhere from a few days to a few weeks (or maybe 60 days at the maximum).

If you’re a buyer, you’ll have a decent selection of homes to choose from, but not necessarily a broad one. When you find a home you like, you’ll want to take action quickly, because a home that’s priced right likely has other buyers interested in it as well.

Lastly, interest rates are still in the 4% range, which is good news for buyers and sellers.

If you or anyone you know is thinking of buying or selling real estate, we’d love it if you gave us a call or sent us a referral. As always, if you have any more questions about our market, don’t hesitate to call or email me. I’d be happy to help you.

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