June Home Sales Cool Down, While Prices Remain Strong

June 31, 2023

June Home Sales Cool Down, While Prices Remain Strong

Despite temperatures heating up, San Diego home sales cooled down in June, compared to May. Single-family and attached home resales were down about 10 percent month-over-month in June, and are down about 26% compared to June of 2022, as fluctuating mortgage rates and a near all-time low level of inventory continue to influence sales.

The median price of single-family homes in the county rose to $1 million in June, for only the second time in history.

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realtor92111 https://s3.amazonaws.com/static.organiclead.com/Site-ee00b7bd-1f78-41d7-93d8-54a9a396b401/weekly_stats/August_15.png https://s3.amazonaws.com/static.organiclead.com/Site-ee00b7bd-1f78-41d7-93d8-54a9a396b401/InnerAssets/new_monthly_block.png 4845 Ronson Court San Diego CA 92111