December 2022 Market Update
This week, conforming and jumbo rates are back to the low 6’s (remember condos, lower FICO scores, etc. will be in the mid 6’s). Government backed
mortgages are in the mid 5’s.
Median Home Price
San Diego’s median home price is currently $753,500.
Days on Market
San Diego County homes are on the market an average of 21 days this month.
There are currently 4,127 homes on the market, up from 2,253 in January of this year.
Owning a home is still one of the best investments you could make.