Even as the doom continues to pour in from other areas that aren’t as fortunate as the North San Diego County coastal region, our home sales are defying expectations. Two facts:
- In September, 2022, there were 146 sales with a median sales price of $1,940,000 (16% lower).
- There have already been 66 sales closed this month, and the current MSP is $2,150,000.
Although it would seem like a miracle, having 100+ sales per month in the fourth quarter of 2023 with a median sales price staying above $2,000,000 looks possible.