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San Diego Real Estate Market Update – August 2019

August 16th, 2019

Shifting trends and industry-leading research are pointing toward some valuable projections about the status of the housing market for the rest of the year.

If you’re thinking of buying or selling, or if you just want to know what experts are saying, here are the top three things to put on your radar as we head into the coming months. Read more...

Single Family Homes
Median Sales Price

3 Bedrooms | $577,500 | Homes for Sale

4 Bedrooms+ | $750,000 | Homes for Sale

Condos/Townhomes
Median Sales Price

1 Bedroom or Less | $299,500 | Homes for Sale

2 Bedrooms | $405,000 | Homes for Sale

3 Bedrooms+ | $500,000 | Homes for Sale

All Property Types

Median Sold Price: $575,000

% Original List Price: 98.6%

Days on Market: 18

Months Inventory: 2.7 Months (Seller's Market)

Mid-Year Housing Market Update: Three Things to Know Today - If you’re thinking of buying or selling, or if you just want to know what experts are saying, here are the top three things to put on your radar as we head into the coming months.

San Diego Real Estate: Rent Vs. Own - Owning your own home vs. renting may lead to some great options, such as locking in your monthly payments and having the freedom to customize your living space.

Dispelling the Myth About Home Affordability - We have all seen the headlines reporting that buying a home is less affordable today than it was in the last ten years. While this is true, we have to remember that during the past 10 years, we were recovering from one of the worst crashes in American history. Read more

San Diego Featured Homes

Pending - For Sale in Scripps Ranch - Canterra townhome with large backyard, two car garage and low HOA.

Pending - For Sale in Scripps Ranch - Four bedroom mediterranean home in San Lucena features tropical backyard and lush landscapes.

Coming Soon - New Construction in La Mesa - Brand new 4 bedroom home with great views of Mt. Helix.

For Fun - The Most Expensive Home Sold in July - The most expensive home that sold in San Diego in July 2019 sold for $15,400,000 in Del Mar.

For Fun - Least Expensive Home Sold in July - The least expensive home that sold in San Diego last month sold for $4,000 in Borrego Springs.

Calendar of Events

Aug. 16-19

Best of San Diego Party Aug. 16
The event brings together the top local restaurants, breweries, wineries, distilleries and businesses as featured in San Diego Magazines Best Restaurants and Best of San Diego issues.
Time/Place: 6:30-9:30pm / Liberty Station

Latin Food Fest! Aug. 16-17
A high energy party hosted by Mexico's most acclaimed chef, Enrique Olvera, and Gran Tasting the festivals signature event featuring 150 food, beverage, wine, beer and spirits stations, Cooking Demos, Best of Fest Chef Awards, VIP Tent, and Live Music.
Time/Place: Embarcadero Marina Park North

Stone 23nd Anniversary Celebration & Invitational Aug. 16-18
We’ve been throwing anniversary celebrations for more than two decades now. And frankly, we’re pretty good at it – but it can be tough to improve on excellence. So, we took a radical approach this year - we’re expanding the festivities to a three-day event featuring all our US locations. That means more beer for more of you. Cheers to that! Come visit us when you can, where you can, or combine all three days for the most epic craft beer weekend of 2019.
Time/Place: See website / Multiple Locations

Ferragosto 2019: Pirates Invade Sicily Aug. 17
A Pirates bounty of food, wine, beer, cocktails and yes, there will be RUM awaiting you as you set sail.
Time/Place: 5pm / Amici Park, Little Italy

Chula Vista HarborFest Aug. 17
Enjoy the endless opportunities for delicious food and drinks, art in the park, and family friendly activities that combine with perfect weather and a long list of top-notch entertainment to make for a fun-packed summers day to remember!
Time/Place: 10am-6pm / Bayside Park

Imperial Avenue Street Festival Aug. 17
The festival grooves to the sounds of live music from multiple stages. Browse the offerings of 4 blocks of local artists, crafts, and gourmet food and beverages. Columbian to Cajun, paintings to pottery, old favorites and new directions.
Time/Place: 12-7:30pm / between 26th & 27th Street

Luau and Legends of Surfing Invitational Aug. 17-18
A friendly competition that draws surf legends from around the world, followed by a festive luau with musical entertainment, a tropical buffet, and live and silent auctions. Surfers, scientists and survivors come together to support the fight against cancer.
Time/Place: 7am-4pm / Scripps Pier, La Jolla

World Bodysurfing Championships Aug. 17-18
350-400 bodysurfers from around the world compete in their respective age divisions for trophies and prizes. The Men and Women's Grand Champions will be announced Sunday afternoon on the final day.
Time/Place: 6:30am / Oceanside Pier

Fairy Tale Village Aug. 17-18
Presented in conjunction with Fairy Tales in the Park, the San Diego Civic Youth Ballet will present the Fairy Tale Village - complete with family activities such as face painting, crafts, meet-and-greets, demonstrations, food and more! We will once again be sustainability-themed.
Time/Place: 10am-4pm / Casa del Prado patio, Balboa Park

Americas Finest City Half Marathon & 5k Aug. 18
Aid stations at 7 locations plus Start & Finish. The expo is held at host hotel Sheraton San Diego Hotel & Marina.
Time/Place: 6:15am-12pm / Cabrillo National Monument to Balboa Park

Aug. 20-26

San Diego Underground Film Festival Aug. 22-25
A lineup of experimental, documentary, animated, and narrative films which are complimented by nightly expanded cinema performances, installations, and live music.
Time/Place: Tenth Avenue Arts Center, San Diego

San Diego Int'l Kids Film Festival Aug. 23-25
In addition to the film screenings, as the regular program, the film festival will host an Opening Night Gala, Culture Forums, Industrial Panel Discussions, Screenplay showcase and Red Carpet Award Ceremony.
Time/Place: 10am-9:30pm / Schulman Auditorium Street, Carlsbad

Orfila's Annual Grape Stomp Aug. 24
Your ticket gets you wine tasting, gourmet dinner by Crown Point Catering, grape stomping, vineyard tractor rides, lawn games, live music, raffles, special guests!
Time/Place: 4-8pm / Orfila Vineyards & Winery

San Diego Spirits Festival Aug. 24-25
A tremendous occasion to sample and experience the finest spirits and foods, with unique opportunities to learn how to create and pair the perfect cocktail and sample top-shelf cocktails from small-batch and big-name distillers.
Time/Place: Sat 2-6pm, Sun 2-5pm / Port Pavilion on Broadway Pier

Bike the Bay Aug. 25
Cruise around the San Diego Bay and enjoy your only opportunity to ride across the San Diego Coronado Bay Bridge. This non-competitive community bike ride is for riders of all abilities and will take you on a scenic, and primarily flat ride, around the San Diego Bay via the Bayshore Bikeway.
Time/Place: 6am-12pm / Embarcadero Marina Park South

LeucadiART Walk Aug. 25
Local juried artists displaying original art. Six places for live music! Live mural painting. Craft Beer Garden. New and improved Children's Art Pavilion.
Time/Place: 10am-5pm / N Coast Hwy 101, Encinitas

Aug 26-31

San Diego Quilt Show Aug. 29-31
Enjoy hundreds of quilts on display and over 40 vendors featuring everything quilters and others, need, want and love. In addition to all the quilts and vendors, enjoy Raffle Baskets, Daily Door Prizes, Challenges and Kids Scavenger Hunt.
Time/Place: San Diego Convention Center, Halls G & H

Barona Powwow Aug. 30-Sep. 1
Join the Barona Band of Mission Indians for a weekend of contest dancing in all categories, camping, drums and cultural immersion.
Time/Place: See website for schedule. / Barona Sports Park, Lakeside

Labor Day Stickball Tournament Aug. 31-Sep. 1
Columbia Street erupts with yelling and cheering for the stick ball teams, stirring up childhood memories. Come out and see these teams grab a broom stick, table leg or any other kind of bat-like stick that will send a rubber Wilson ball flying!
Time/Place: 9am-5pm / Little Italy: State St & W Ash St

US Sand Sculpting Challenge & Dimensional Art Expo Aug. 31-Sep. 2
The sculptures weigh over 10 tons, so we have over 1,000 works of art that you can fall in love with, buy and take home. There is also live entertainment, a sand box and rides for kids, a dozen gourmet food trucks, a fantastic view of the bay and all the great stuff that you always find on the Embarcadero!
Time/Place: Sat & Sun 9am-7pm, Mon 9am-5pm / Broadway Pier and Landing

>> See August Calendar of Events <<

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San Diego Real Estate Market Update – August 2019