The Case-Shiller Index is out for September. 

In San Diego it dropped 1% from August, the second consecutive monthly decline. 

What will it mean? 

It’ll mean homebuyers will want to wait some more. 

San Diego C-S Index gain/loss since:

1 year ago: +4.96%

2 years ago: -1.03%

3 years ago: -27.10%

Will the wait be worth it?  

The county’s general pricing trend is too vague to help those who are trying to buy in a specific neighborhood.  Monitor the smaller samples, and occasionally you’ll see a deal drop from the current group of overly-exuberant sellers.


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