Located on the coast of Southern California, San Diego is one of the most desirable places to live. This coastal city has an excellent climate, access to the ocean and world-class shopping, dining and recreational pursuits.

With this strong foundation, the San Diego housing market will remain a desirable place to live for many years to come. With the economy still on a recovery, the local housing market is likely to be a seller’s market with high demand and a limited supply of homes.

Home values in San Diego continue to increase, with predictions that they will continue to appreciate through the spring of 2022. This is a positive sign for sellers who are looking to sell their home and move on to a new chapter in their lives.

The Affordable For-Sale Housing Program makes it possible for low- and moderate-income families to purchase a home at a price that is affordable. These homes are built by private sector developers and meet affordability requirements established by the City of San Diego.

There are six developments that offer these homes. If you are interested in purchasing a home under this program, you will need to attend a homebuyer education class and meet Area Median Income (AMI) restrictions.

The number of new condos entering the San Diego real estate market continues to increase, but inventory levels are still far below what is needed to satisfy demand. Until more homes are brought to market, prices will continue to rise. This means that it’s important to work with an experienced real estate agent if you are considering selling your condo or townhome in the near future.

Last modified: March 21, 2023