The median San Diego County home price rose 16% from last year, reaching $888,000. On top of that, many homes are selling for way above their asking price. Realtor Trent Cady explained how he's brought his clients an advantage in the competitive market
SAN DIEGO – The median price of an existing, single-family home in San Diego County was $888,000 in February, up from $875,000 in January and from $765,000 one year ago, the California Association of Realtors reported Tuesday. Statewide, the average median home price rose to $771,270, up from $765,610 in January and $699,000 in January 2021.
Buyers may be paying more, but as Cady explains, they are rightly taking advantage of the low interest rates, and buying before the rates increase.
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