The Housing Market in San Diego, California, is Still Favoring Buyers
San Diego, California, is a great city to live in. It has a beautiful climate and is an ideal location for enjoying the outdoors. Aside from the beaches, it also has a diverse array of restaurants and tourist attractions. However, the housing market is also one of the most expensive in the nation. According to data from the San Diego County Economic Development Department, the median home price in the county increased by 2% from last year, and the median condo price increased by 1.7%. This means that the inventory of homes for sale in the county has decreased by a small amount. The monthly supply of existing single-family homes is currently 2.9 months, and the monthly supply of existing condos is 2.4 months. These figures are good indicators that the housing market is still favoring buyers. As the city grows, its rental market is expanding. Rental rates are a popular choice for those who cannot afford to purchase a home. There are many options for renters, including a variety of apartm