STUDY: SAN DIEGO IS 8TH HOTTEST CITY
FOR REAL ESTATE
According to a study done by Realtor.com, San Diego County has jumped 5 spots to make the Top 10 of the website’s hotness index. This is the highest San Diego has ranked since the study launched 3 years ago!
The hottest markets are decided by looking at the days on market (how long listings stay online). The median online listing time for a home in San Diego County in May was 33 days on market!
A lack of home sales combined with job growth and low interest rates have pushed prices up to 6.4 percent in the last 12 months in San Diego County. According to Home Dex the median sales price in May was $650,000 and is on the rise!
Overall, California dominated the top 20 hottest markets list with 10 area. How long will the market stay this way?
DO YOU KNOW HOW MUCH YOUR SAN DIEGO HOME IS WORTH? FIND OUT HERE!
