San Diego Housing Starts Slowly as Buyer’s Season Begins in March

Like the start of the year, the San Diego housing market is slowly beginning at the start of the peak buying season. The year over year was down 20 percent, but from a month-to-month standpoint, March increased its median price to $410,000 with 2,541 sales. This start is the slowest for San Diego since March 2009, but Southern California is having similiar issues – especially in Orange County and Los Angeles County. However, experts from University of San Diego and DataQuick both see the market to make a push as summer comes a little bit closer.

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Healthy Price Gains from January in the San Diego Market

San Diego County’s housing market came back to a quick price appreciation in January registering its largest increase for the month-to- month since 2004 after the autumn of 2013 disappointment according to Standard & Poor (S&P)/ Case-Shiller Index In comparison to a decrease of 0.1 percent in December 2013, the price index bolstered to 0.6 percent in the month to …

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