Realtor® | guiding you through market changes so you can make moves with confidence & ease
The market action index in San Diego dropped 13% since the summer I think of this index as the market pendulum that’s either balanced or swaying for sellers or buyers, based on supply & demand 1. What this means for EOY sellers: when you take 10% of a $1,000,000 home, you’re objectively subtracting 100,000 from that total price so ✅ It’s a good time to be realistic with pricing your property based on current market conditions ✅ be thoughtful with any fixes, staging, and photography to bring in the most traffic to your open houses It’s possible to get at or above market value when you plan and do the right things at the right time 2. What this means for active buyers: ✨it’s a good time for a (reasonably) lower offer to get accepted within that 13% range drop. Especially, if the property has been on the market for over 30 days ... Out of curiosity, are you feeling this shift across California? how has the real estate market been where you're living?
