Is Eastern San Diego, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Eastern San Diego has remained a Seller's Market.
Housing Prices in Eastern San Diego, CA
How much do homes in Eastern San Diego, CA cost?
Median Sold Price
$930,000
$615/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Eastern San Diego was $930,000 in May 2024, up 7.3% from last year, and the median price per square foot was $615.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $400K | $428K | +7.0% |
2 Bedrooms | $606.7K | $645K | +6.3% |
3 Bedrooms | $894K | $955K | +6.8% |
4 Bedrooms | $1.0M | $1.1M | +8.7% |
5+ Bedrooms | $1.2M | $1.3M | +7.4% |
Summary: Eastern San Diego housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Neighborhoods
San Carlos | $927K | $1.0M | +13.3% |
Eastern San Diego | $866.9K | $930K | +7.3% |
Del Cerro | $1.1M | $1.2M | +6.8% |
Allied Gardens | $890K | $930K | +4.5% |
Housing Supply in Eastern San Diego, CA
How many homes are available in Eastern San Diego, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
281 | 306 | +8.9% |
Summary: The Eastern San Diego real estate market had 306 homes for sale in May 2024, a 8.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 32 | 33 | +3.1% |
2 Bedrooms | 60 | 75 | +25.0% |
3 Bedrooms | 115 | 117 | +1.7% |
4 Bedrooms | 60 | 62 | +3.3% |
5+ Bedrooms | 14 | 19 | +35.7% |
Summary: The Eastern San Diego housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 35.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
106 | 98 | -7.5% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
62 Homes Were Sold
Over Asking
Summary: A total of 98 homes were sold or pending in Eastern San Diego in May 2024, down by 7.5% month-over-month. Of the 98 sold homes, 20% were sold under asking, 16% were sold at asking, and 63% were sold over asking.
Days on Market for Eastern San Diego, CA
How long does it take to sell a home in Eastern San Diego, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
11 Days | 14 Days | +23.9% |
Summary: Homes in Eastern San Diego had an average of 14 days on market in May 2024, up by 23.9% compared to last year.
Breakdown of Home Sale Times
84 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 98 homes were sold in Eastern San Diego; 86% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.