In this 7San Diego news article, prices finally dropped a bit, from 4 records months of highs. Single family homes in San Diego dropped .6% in July, and in California overall, they dropped 1% last month. Is the market just taking a breather? Or have we topped out? One month is not enough to be a trend, but it shows a bit of slowing in the race higher. The San Diego median price is up 19.6% from a year ago. Total escrow sales in California were down 1.6%, month over month, and down 2% from a year ago.
Wednesday, August 18, 2021
San Diego and California SFH real estate prices drop a bit in July
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