Marti Kilby, CRS

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Home Prices Taking a Dive?


I had an interesting discussion yesterday with a first-time home buyer. He was interested in a condo in Santee but was concerned about the price being too high. I researched comparable sold and active property listings for him and determined that the pricing was bang on. The listing agent and seller had priced the property perfectly given all the variables of location, age, amenities, size, etc.


My buyer did not like that response and went on to describe for me everything that he felt detracted from...

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San Diego Real Estate – Your 30 Second Update

Last year the San Diego county real estate market was crazy with sky-rocketing prices and fierce competition. Thus far this year, not so much.


Year-over-year the median price for a single-family home is down 3.5% to $849,000 and up .9% to $590,000 for attached homes.


In comparison to January 2022:


The number of closed sales for detached homes is down by 36.9%. Attached home sales are down 40.5%.


New listings are down by 31% for both detached and attached homes.


And, the average number of days on market...

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