This is an archived update. It summarizes the market and mortgage rate reports that were available when it was published.
How to use the March 25 snapshot
This update is most useful when you apply it to one decision. A buyer looking at a condo, a house near the coast and a lower-priced inland home may be looking at three different markets at once. Check the payment, the HOA dues, the insurance, the parking, the condition, and how many buyers that type of home draws on resale before you assume the countywide San Diego trend answers the question.
For sellers, the March figures help set expectations before a listing builds up a history of its own. If similar homes are getting attention, the preparation and the price need to make the case that this home belongs in that group. If the nearby competition is sitting, the plan should deal with objections early: repairs, disclosures, buyer credits, staging, access, or a price that gives buyers a reason to act.
Questions about the market or your specific situation?
📞 (619) 366-2000 | ✉ frederick@blumrg.com
Frederick Blum, Broker / Loan Originator | DRE# 02040760 | NMLS# 1914546
