San Diego Buyer Demand Up 28%

George Lorimer
Thursday, February 6, 2025
San Diego Buyer Demand Up 28%

Call/text George Lorimer at 619-846-1244

January was cold. Both the weather and the San Diego housing market were cold.  

But February is heating up!

What's Your Home Worth Today? 

We're seeing a 28% rise in buyer demand and only a 4% increase in the supply of homes. 

This means the Expected market time is dropping from 99 days to 80 days and is expected to continue declining. 

But how long does it take realistically to sell a home? 

If 80 days is the expected market time, this differs from the average or median market time of 44 days. 

The expected days on the market look at the number of homes going into escrow in the last 30 days, compared to the available supply of homes. 

Also, if the expected market time is 80 days. In addition, it takes 30 days for escrow to close on average.

That is 110 days from beginning to end. So, if you listed next week, your expected closing date is the second week of May. 

We can help you sell quicker or schedule it so you have more time to move out, maybe during summer. 

Call or text me to discuss your situation at 619-846-1244; you have more options by allowing more time. 

Get Multiple Cash Offers | George Lorimer

ProWest Properties, DRE# 01146839, *conditions apply. 
 

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