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Stats at a Glance
August Median Price (Detached-Compared to Previous Month) 3.4% INCREASE
August Median Price (Attached-Compared to Previous Month) 5.8% INCREASE
August Sold Listings (Detached-Compared to Previous Month) 0.4% INCREASE
August Sold Listings (Attached-Compared to Previous Month) 5.2% INCREASE
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SDAR Statement on California Homeowner Insurance Exodus
Over recent months, the state of California has seen two major private homeowner insurance companies leave the state due to increased insurance costs over price hikes in high-risk areas and elevated construction costs. SDAR comes out strongly against this mass homeowner insurance exodus. While it is necessary to note that current customers will not lose their insurance, this decision will make it even harder for first-time homebuyers to enter the market.
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At the San Diego Association of REALTORS® we offer the best benefits and tools in the real estate industry.
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