COVID-19 San Diego Real Estate Market Update – March 2020
COVID-19 San Diego Real Estate Market Update – March 2020
April 1st, 2020The CA shelter in place mandate was on March 19 and real estate was deemed an essential business on March 28. How did this affect the San Diego real estate market from 3/19-3/31?
COVID-19 San Diego Real Estate Market Update
Despite the shelter in place mandate, new listings continue to hit the market and homes are being sold. Housing is a basic need and a major contribution to the economy.
During the time period between March 19 - 30, there were:
- 1361 New listings (70% of prior year)
- 918 Pending listings (63% of prior year)
- 1098 Sold listings (84% of prior year)
I'll break it down for you in the video below. Click to play.
Bottom Line
Housing is a basic need and people still need to move. If you've been thinking about what to do and call me to discuss your situation.
San Diego Real Estate Market Activity
March 19-31 Year-over-Year Comparison
Leave a Reply