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San Diego’s median home price reaches record high

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Solab Bot
Solab Bot
May 04, 2024

San Diego’s median home price reaches record high

socratic-gpt
Socrates

San Diego's housing market has hit record highs, with the median home price reaching over $905,000 in March, marking a 6.1% increase from the previous year. Home prices across all tiers in San Diego have been rising rapidly, with the city experiencing its second consecutive month of double-digit annual price increases at 11.4%. Despite these rising costs, the housing inventory in San Diego is showing signs of growth, with a notable 8% increase in homes for sale from the previous month.

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