Here are the July 2022 Market Reports for 11 North San Diego County communities. And here’s the market report for June in North County in case you missed that summary.
There were a number of changes in our local housing market in July 2022 but each community is different.
The statistics in these market reports are taken from the MLS. However, while data are believed to be accurate when these reports were compiled, this information is not guaranteed.
Writing market reports helps me to assist buyers and sellers with their selling and buying decisions. Furthermore, understanding current and local housing market conditions benefits you with your purchase and sale decisions.
Local market conditions impact buying and selling because of supply and demand. Supply and demand affect time on the market, competition, and sales prices compared to list prices.
It’s commonly said that real estate IS local!! As a result you cannot believe what you see in media headlines! Media reports are far too general, and often not consistent with current local conditions. And they are not up to date.
LEARN MORE – Real Estate is Local, but HOW Local?
Each buyer and seller situation is unique. I’m happy to share insights on what market conditions mean for your personal situation, timing, budget and decision-making. These insights will be specific to the market segment that’s of interest – zip code, neighborhood, size of house, or price range.
The other individual market reports for 10 other North County communities are on my ActiveRain blog. You can view them all here (links to my ActiveRain blog home page). You’ll also find articles about real estate matters, North County communities and neighborhoods, things to do, and general information.
CLICK on the individual market report links below for the June 2022 statistics for each community. June was a busy time for buyers, sellers, and agents. And we saw some shifts in average prices, inventory, and sales volume from May. However, be aware that while there were some general trends, the market in each community is different.
Please reach out at (760-840-1360) to discuss your personal housing needs, budget, and real estate decisions you hope to make. We can also talk about what you can expect when buying and selling in this shifting market.
The housing market continues to favor sellers overall despite the improvement in inventory and other changes. There are important issues to consider, including planning your offer strategy, or deciding on a list price if you are selling.
If you plan to sell AND buy there are particular challenges due to timing and coordinating both transactions.
NORTH SAN DIEGO COUNTY MARKET REPORTS
NEXT STEPS FOR BUYERS & SELLERS
Please call or text me at (760) 840-1360 with your questions. You can email me at JeffDowlerSolutions@gmail.com if you prefer. I’m happy to have a detailed conversation about your personal real estate situation and plans.
Do you want information about your local housing market, or have specific questions? Let’s talk!
If you plan to buy a home I will guide you through the home search and purchase process.
Are you interested in what your home may be worth in today’s market? I can help with that, too.
NEED TO GET PRE-APPROVED?
Do you need to get pre-approved for a loan? If so, I can share contact information for several lenders I know personally and you can decide who to call. You likely know a pre-approval is essential when buying a home, unless you have cash. Furthermore, a pre-approval helps you understand your purchasing power in the housing market. In our competitive market you need to know what you can truly afford before looking at properties or deciding on an offer.
Furthermore, sellers and listing agents will request proof you are financially qualified when you submit an offer.