Central San Diego Real Estate Marketplace - Mid Year Snapshot of Median Costs (2006) - Single Family members Houses
As of this writing, the San Diego real estate markets appears to have shifted from 1 that favors sellers to 1 that favors buyers. Nevertheless, this premise might not hold accurate for all communities inside San Diego, as median costs for some communities continue to rise whilst other people fall.
Whilst there are numerous metrics to evaluate the real estate pricing trends of a community, 1 commonly utilized parameter is to evaluate the median cost of houses from 1 point in time against a prior point of time. The median cost reflects the point at which half the houses are above a specific cost point, and half the houses are below a specific cost point. The median cost metric offers 1 technique to analyze the direction of house costs, but ought to not be utilized as the sole source of information from which to form conclusions.