Did anyone predict that the median sales price in San Diego would be higher last month than in 2019?
Sales were down 42%, but that was to be expected – the impact of covid-19 was still rolling out and most would wait until it settled down. But there were enough motivated buyers that YoY discounts weren’t required for the median home.
Price declines/increases seem directly tied to degree of urbanization.
Agree – see next post!