February 2025 Market Report

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February 2025 Market Report

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12 Days on Market

February 2025 Market Report
 
February 2025 Market Report
 

February 2025 Market Report

212 GARNET WAY

SAN MARCOS | 5 BED | 3.5 BATH | 3,359 SQFT

Homes prices begin to Normalize

Industry analysts see home prices starting to normalize this year, with Fannie Mae predicting that price growth will slow to 3.6%, and NAR to 1.8%.

Global inflation is expected to decline to 3% in 2025 to 2026, down from 5% in 2024.

High-net-worth individuals allocate 30% of investment portfolios to Real Estate.

Market Update

SINGLE FAMILY HOMES & CONDOS | JAN 2024-SAN DIEGO

MEDIAN SALES PRICE

$1.68M

4% more than in Q4 2023

AVG. DAYS ON MARKET

40

29% more than in Q4 2023

CLOSED SALES

221

47% more than in Q4 2023

INVENTORY

234

43% more than in Q4 2023

MEDIAN SALES PRICE

$1.442M

MEDIAN DAYS ON MARKET

24

CLOSED SALES

66

MEDIAN PRICE PER SQFT

$752

MEDIAN SALES PRICE

$1.555M

MEDIAN DAYS ON MARKET

18

CLOSED SALES

27

MEDIAN PRICE PER SQFT

$992

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