January 2025 Market Report

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January 2025 Market Report

The median sold price for homes in San Diego reached $951,513 in December 2024, reflecting a 7.2% increase (+$64,224) since December 2023. Despite a decrease in the number of homes sold and available inventory, the market remains competitive. Homes in San Diego took an average of 34 days to sell, a 62.6% increase from the previous year.

Correct pricing is essential in today’s market: 55% of homes sold for less than asking, while 28% exceeded the asking price. Homes that are priced accurately tend to attract more buyers and sell faster. Overpricing can lead to longer market times and missed opportunities, while underpricing might leave money on the table.

Did you know that homes priced within 5% of market value tend to sell faster and closer to the asking price than those priced too high or low?

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SOLD

January 2025 Market Report

January 2025 Market Report
 
January 2025 Market Report
 

January 2025 Market Report

609 MIDDLEBROOK ROAD

SAN MARCOS | 5 BED | 4.5 BATH | 3,151 SQFT | $1,580,000

✨SOLD just in time for Christmas! ✨🌲Thrilled to help my amazing sellers close their home during the holiday season. 🎁 🏡

Thank You for an Amazing Year!

I want to express my heartfelt gratitude to all of my clients for making this past year so special. Your trust and support have been invaluable, and it’s been a true pleasure helping you find your perfect homes. For those of you who I haven’t yet had the pleasure of working with, I’m hopeful that 2025 will be the year we can work together to achieve your real estate goals. Stay tuned for some exciting upcoming listings—you won’t want to miss out! Wishing everyone a prosperous and successful year ahead!

COMMUNITY KINDNESS: LOCAL BUSINESSES HELP RAISE $2,500 FOR TEACHERS AND FAMILIES

I am deeply grateful for the generosity of our local businesses who came together to make a difference in our community during the holidays. Their donations were instrumental in our efforts to support teachers and helped us raise $2,500 for The Center for Children and Families at Cal State San Marcos. Their kindness not only helped brighten the holidays for so many, but also highlighted the incredible spirit of collaboration and care in our community. Thank you to all for being a vital part of this initiative and for helping me make a positive impact where it’s needed most!

January 2025 Market Report

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

$2.14M

19% more than in Q4 2023

AVG. DAYS ON MARKET

40

25% more than in Q4 2023

CLOSED SALES

92

2% more than in Q4 2023

INVENTORY

102

4% more than in Q4 2023

MEDIAN SALES PRICE

$1.04M

3% more than in Q4 2023

AVG. DAYS ON MARKET

32

78% more than in Q4 2023

CLOSED SALES

140

20% more than in Q4 2023

INVENTORY

104

96% more than in Q4 2023

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