At the beginning of 2023, the Zillow 1-year forecast for San Diego home values was -0.8%. In May, their expected 1-year appreciation rate in our local areas was around +3%.

Now they are guessing it will be around 4%….which might cause more sellers to wait longer!

SE Carlsbad – 92009

NE Carlsbad – 92010

SW Carlsbad – 92011

Carmel Valley – 92130

Del Mar – 92014

Encinitas – 92024

La Jolla – 92037

Rancho Santa Fe – 92067

When is the best time to sell?

1. When no one else is.
2. When you have great comps (recent sales) around you.

Jim the Realtor

Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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