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Market Updates

A quick snapshot of statistics, rates and trends, here in North County - San Diego, California.

Found 45 blog entries about Market Updates.

October 2019’s quick snapshot of statistics, rates and trends, here in North County, San Diego, CA. This includes our popular beach communities of Oceanside, Carlsbad, Encinitas, Solana Beach and Del Mar.

0.3% Annual Appreciation
3.8% Today's Loan Rate
3.0% Avg Annual Rental Price Change

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Friday August 30th, 2019 - © Keeping Current Matters, Inc.

Highlights:

  • There is plenty of talk in the media about a pending economic slowdown.
  • The good news is, home values actually increased in 3 of the last 5 U.S. recessions, and decreased by less than 2% in the 4th.
  • Many experts predict a potential recession is on the horizon. However, housing will not be the trigger, and home values will still continue to appreciate. It will not be a repeat of the crash in the 2008 housing market.
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Friday August 2nd, 2019 - © Keeping Current Matters, Inc.

Highlights:

  • Existing Home Sales dropped 1.7% from May to a seasonally adjusted annual rate of 5.27 million in June.
  • Low inventory levels are still a factor in the market. The current supply of homes for sale is at 4.4 months, which is less than the optimal 6-month supply.
  • Median home prices were up 4.3% from June 2018, hitting $285,700. This marked the 88th consecutive month with year-over-year price gains.
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