San Diego Real Estate News & Market Statistics

Nationwide, Real Estate Markets are Growing Despite Being Hindered by Low Inventory

Across the country, real estate markets are continuing to see growth, even in many areas that had still been struggling to recover from the economic crisis. Recent data released by the National Association of Realtors shows that the median price of single-family homes rose in nearly 90% of the country’s metropolitan areas during the first quarter of 2013. Thanks to the rising prices, these areas showed the highest year-over-year gains since 2006.

Another prominent sign of stability and growth in the nation’s real estate market as a whole is the shrinking number of distressed properties available. The NAR report shows that distressed properties such as short sales

Over the past year we’ve seen steady increases in real estate markets all over San Diego. In recent months, these gains have been growing at a much more rapid pace, especially in coastal communities such as Encinitas. Right now, the market’s inventory of available homes for sale is smaller than it has been in recent history, and that is driving up prices. Buyers are competing heavily with each other for quality homes, and recent data released by the San Diego Association of Realtors shows how homeowners in Encinitas are starting to see big gains in value.

More Encinitas Real Estate is Selling Much Faster

In March, the SDAR reports 44 homes selling through Realtors within Encinitas. This data is up over 20% from the same month in 2012. Despite

With demand for San Diego real estate surging in recent months, very few areas of the city have been spared from the throngs of buyers jumping on available properties. Cardiff by the Sea homes for sale are no exception. According to the San Diego Association of Realtors, year-to-date prices on single-family homes in the city are up nearly 17% over the same time last year.

With Cardiff by the Sea real estate in high demand, many homeowners in the city are realizing that the current seller’s market is providing the ideal time to sell. Homebuyers are flocking to Cardiff thanks to a number of unique qualities the city possesses. A few of the top reasons that people are choosing Cardiff over other local beachfront towns are:

To Live a Relaxed Lifestyle

So far, 2013 has been a good year for the San Diego real estate market. All throughout the different cities and neighborhoods, housing prices in San Diego have been steadily rising. Some areas have been seeing bigger growth than others, and one of the leaders on the northern side of the city is Carmel Valley. Carmel Valley real estate has exhibited a number of different characteristics thus far this year that show this community is poised to show even bigger growth as the year progresses.

Carmel Valley Real Estate Values are on the Rise

According to the San Diego Association of Realtor’s March 2013 data, single-family homes in Carmel Valley have seen substantial gains throughout the beginning of the year compared to the same time period in 2012.

US Economy Growing Thanks to Real Estate Gains

All across the United States, real estate markets are experiencing a demand for properties by buyers as the nation’s economy continues to improve. According to the National Association of Realtors, the median age of inventory across the entire United States is 78 days – down 12.35% year-over-year and over 20% since the previous month

In addition to homes selling faster, there are still 15% less homes available on the market, despite growth this month of 2%. Expect to see some recovery in home values in a number of major markets and areas around the country as demand continues to grow.

A recent report prepared by the Federal Reserve showed moderate economic growth this year so far thanks to the

With the San Diego real estate market red-hot thanks to the increased demand and low supply of available properties, many astute homeowners are seeing an opportunity to take advantage of the present seller’s market. If you are thinking about selling your home, pay attention to these five tips which will not only help your home sell for a higher price, but also assist in making it move even faster.

1. Make Sure Your Home is in Tip-Top Shape

You should never list a home for sale without first making it appealing to your potential buyers. Consider it “marketing for your home”. One of the first things that you need to do is make sure that your home is prepared to stand out on the market. Even though many properties are seeing multiple,

Numbers from the US Census estimate that in 2011, the most recent year there is statistics released for, 23.1% of the population of San Diego County was under the age of 18. Data from 2000 showed 30.2% of the area’s households were made up of at least one child. With significant numbers such as these, it is no surprise that at some point in their lives, most people consider downsizing their homes once their children have moved.

With the increases in housing prices in San Diego, many homeowners with too much space are taking advantage of the seller’s market by selling their current home, purchasing a more size-appropriate residence and put a good chunk of proceeds into their retirement fund at the same time. If you are considering taking advantage

Housing prices in San Diego are on the rise again. With low levels of inventory on the market, buyers are becoming significantly more competitive than they have been in recent years. Oftentimes, sellers are receiving multiple offers on their property, all above the listing price. The San Diego real estate scene has increasingly become a cash-buyer’s market in recent months, so it is no surprise that many homeowners are realizing that this is an ideal time to sell.

If you are thinking about selling your home, no matter where in southern California you are, these four tips will help you maximize the gains from your property.

1. Stop Buyers from Simply Driving By

When it comes to real estate, first impressions are everything. Many times, potential

Over the past few months, the local real estate market has become abuzz thanks to rising San Diego property values, as well as a myriad of other influential factors. Housing prices in San Diego have grown due to a low inventory supply and a market of intense competition between buyers for available properties. Astute homeowners are taking advantage of the current market situation in order to not only sell property which market conditions in the recent past have prevented, but also many times realize a considerable profit.

Lowest Inventory Supply in Years

Homes for sale throughout the San Diego area are in short supply, with the San Diego Association of Realtors releasing data showing the number of active listings as of their March 2013 report to be

With the San Diego real estate market showing the signs of an upswing, many southern California residents are turning back towards real estate as a viable investment option. According to national data analysis company, DataQuick, 31.4% of the homes purchased in southern California in February 2013 were bought by absentee owners. While some homeowners are taking advantage of still-low interest rates and rock-bottom prices to purchase vacation homes, many are seeing the market providing a promising atmosphere for investors.

Over the past few months, there have been fewer and fewer San Diego homes for sale on the market. This has created intense competition amongst buyers, and many newly listed homes are now receiving offers within the first couple of