San Diego home sales in September hit one of the lowest levels ever as mortgage rates continue to affect buyers.
Tight inventory had pushed up the median home price for months, despite rising mortgage rates, but prices dropped 1.2% monthly to $830,000 in September. The median which combines resale and newly built SFR, condo and townhouses is still up 5.1% annually.
Read more at: https://www.pressreader.com/usa/san-diego-union-tribune/20231031/281509345882846
Green Real Estate Appraiser 