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Wednesday, April 23, 2025

San Diego County home valuations rose in Q2 2024

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The median sale price of a home sold in the second quarter of 2024 in San Diego County rose by $90,000, while total sales decreased by 44%, according to BlockShopper.com.

From April through June of 2024, 2,251 homes were sold in the county, with sale prices around $920,000. This is a 10.8% increase over the $830,000 median sale price during the same period in 2023, when there were 4,023 homes sold.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following histogram displays changes in median sales prices in San Diego County from April 2023 to June 2024.

Q2 2023Q3 2023Q4 2023Q1 2024Q2 2024$830,000$830,000$857,500$857,500$840,000$840,000$847,500$847,500$920,000$920,000

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