So if you read (or saw my last YouTube video) my last blog post, we talked about the San Diego real estate market cooling down finally. The quick summary is the most recent monthly real estate statistics for San Diego have changed finally and we may or may not be seeing the start of a new trend. Possibly even a new market shift.
I found an article and an author that does not agree. Well not according to the latest analysis from home improvement site Porch. I ran across the this article in the San Diego Union Tribune and they are predicting San Diego home prices will maintain their meteoric rise in the next 12 months, a new study says, with a hefty increase of 24.7 percent to a median home price nearing $1 million.
Watch my video above for all the details. $1,000,000 as the median home price in San Diego? Oh my, this is getting pricey.
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