December Home Sales at Historic Low; Median Prices Little Changed

2023-01-12

December Home Sales at Historic Low; Median Prices Little Changed

San Diego home sales hit a low point in December, closing out a turbulent year for the housing marketing, with inflation, interest rates, and affordability taking their toll. Sales of single-family homes fell 46 percent compared to December of last year, while sales for all of 2022 were down 27 percent compared to 2021.

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