San Diego Real Estate Market Trends

The average price per square foot in San Diego is $254, which is an approximate 3% decrease from the same time last year. In the first quarter of 2011, the median sales price for San Diego homes was $300,000 based on almost 4,000 individual home sales. This is roughly 2%($6,000) lower than the previous year. As of March 2011, 5,300 homes were listed for sale not including the 6,300 homes in pre-foreclosure.  The most popular neighborhoods in San Diego are North Park, Rancho Bernardo, Pacific Beach, Carmel Valley and Hillcrest.