From January through June of 2024, 4,902 homes were sold in the county, with a median sale price of $885,000. This is a 9.9% increase over the $805,000 median sale price during the same period in 2023, when there were 7,049 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 January 2023 to June 2024.