San Diego Real Estate Market Update – September 2019
San Diego Real Estate Market Update – September 2019September 19th, 2019 by Karen
The Fed cut rates for the second time in 2019 and a significant bill that affects housing just passed on Sept. 11, 2019 in the state of California. AB 1482 implements statewide rent control and just cause evictions.
For more information about this new law, read the AB 1482 bill text and analysis or contact me to discuss your situation and how these recent events could affect you.
Single Family Homes
Median Sales Price
3 Bedrooms | $569,900 | Homes for Sale
4 Bedrooms+ | $759,950 | Homes for Sale
Median Sales Price
1 Bedroom or Less | $305,000 | Homes for Sale
2 Bedrooms | $415,000 | Homes for Sale
3 Bedrooms+ | $525,000 | Homes for Sale
All Property Types
Median Sold Price: $581,000
% Original List Price: 98.4%
Days on Market: 20
Months Inventory: 2.7 Months (Seller's Market)
Articles and Advice
Candidate for SDAR Board of Directors - I am thrilled to announce that I am running for the 2020 Board of Directors at the Greater San Diego Association of REALTORS®! Read my candidate statement here.
What is an iBuyer and What Does it Cost When Selling Your Home? - When thinking about selling your house, homeowners have many options. A relatively new option is using an “iBuyer.” What is an iBuyer?
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.
For Fun - The Most Expensive Home Sold in August - The most expensive home that sold in San Diego in August 2019 sold for $22,000,000 in Del Mar.
For Fun - Least Expensive Home Sold in August - The least expensive home that sold in San Diego last month sold for $26,000 in Chula Vista.
Just Released Fall 2019 Editions!
Calendar of Events
Bonitafest Performing Arts Festival Sept. 21
Come see the South Bays best show choirs and stage bands, sample delicious food, take in arts and crafts, and the fun!
Time/Place: 9am-4pm / Bonita Vista High School, Chula Vista
San Diego Festival of Beer Sept. 21
Beer lovers will enjoy the sounds of live music while sampling unlimited and exclusive craft beer tastings, food trucks, vendor booths, lively music, fun games, and more!
Time/Place: 12-5pm / Broadway Pier
Julian Music Festival Sept. 21
Celebrate the end of summer with bluegrass to celebrate the festivals roots and Western ballads.
Time/Place: Menghini Winery: 1150 Julian Orchards Road
Clash at Clairemont Sept. 21
A star-studded athlete roster, incredible musicians, Vendor Village, food and fun for the whole family.
Time/Place: 11am-6pm / 3401 Clairemont
Bayside Brew Festival & Spirits Sept. 21
Over 40 local San Diego and Baja California micro breweries, spirit brands, and food trucks/vendors, with different artists/bands entertaining you throughout the day.
Time/Place: 1-5pm / Pepper Park, National City
Taste of South Park Sept. 21
Guests will also get a taste of the diverse boutiques and shops lining the streets of South Park between bites.
Time/Place: 12-4pm / 30th St. and Fern St. corridor, San Diego
Be The Change 5K Sept. 21
Enjoy some of the best views in the city as you run through this scenic waterfront course. Visit our Wellness Fair after the race. 100% of net proceeds benefit Make-A-Wish San Diego, Caterina's Club and the Gary Sinise Foundation.
Time/Place: 3:30-5:30pm / Spanish Landing Park West, San Diego
Noble Canyon 50K Sept. 21
The Noble Canyon 50k is run each year in the beautiful mountains in east San Diego county. It is a USATF sanctioned event which is run on National Forest land and is operating under permit on the Cleveland National Forest.
Time/Place: 6:30 am / Mt Laguna, CA
Viking Festival Sept. 21-22
Meet the Norse Gods and Viking Folk at the Living History Viking Village and Marketplace. Two stages of Live Music and Entertainment. Exotic food and drink. Brew Masters Beers and Mead Garden. Axe throwing, KidZone, Live Viking Combat, Norway Heritage Hall, Games & Competitions.
Time/Place: Sat 10am-8pm, Sun 10am-6pm / 2006 E. Vista Way, Vista
Adams Avenue Street Fair Sept. 21-22
SoCal's largest free two-day music festival. Beer gardens and beer tastings, giant carnival rides, festival foods and more than 300 arts and crafts booths.
Time/Place: Sat 10am-10pm, Sun 10am-6pm / Normal Heights
Oceanside Harbor Days Sept. 21-22
Sun, sand, and surf including a costume party for kids 12 and under at Pirate Village; Arts, Crafts and Food booth areas; Nail n Sail Competition; music, a beer garden and more.
Time/Place: 9am-5pm / Oceanside Harbor
Pacific Islander Festival Sept. 21-22
Showcases the cultures and customs of Melanesia, Micronesia and Polynesia with entertainment, food, music and crafts.
Time/Place: 9am-4pm / Mission Bays Ski Beach
San Diego Restaurant Week Sept. 22-29
Over 180 participating restaurants will offer 3-course prix-fixe dinner menus for $20, $30, $40 or $50 per person and/or two-course prix-fixe lunch menus for $10, $15 or $20 per person.
Gaslight Steampunk Expo Sept. 26-29
A weekend of interactive maker workshops, special presentations, vendors, tea pot racing, tea dueling, fashion shows, games, music, movies and so much more!
Time/Place: 12-5pm / Town & Country Resort Hotel, San Diego
Padres Last Regular Season Home Game Sept. 26
San Diego Padres vs. Los Angeles Dodgers - Last regular season home game
Time/Place: 12:40 pm / Petco Park
RV Super Show Sept. 26-29
Features the best new motorhomes, fifth wheels, toy haulers, and travel trailers from leading RV manufacturers, giving you the opportunity to find the perfect RV for your budget and lifestyle.
Time/Place: 9am - 7 pm / Del Mar Fairgrounds
MCAS Miramar Air Show Sept. 27-29
See the U.S. Navy Blue Angels flight demonstration squadron and the RAF’s Red Arrows Team! Enjoy exciting aerial performances by Marine Corps aircraft including the F-35B Lightning II, the MV-22 Osprey and the Marine Air-Ground Task Force demonstration team.
Time/Place: Marine Corps Air Station Miramar
Poway Rodeo Sept. 27-28
Bareback and Saddle Bronc Riding, Barrel Racing, Tie Down Roping, Steer Wrestling, Team Roping and Bull Riding. There's even a Mutton Bustin.
Time/Place: 14336 Tierra Bonita
El Cajon Oktoberfest Sept. 27-29 & Oct. 4-6
Entertainment provided by our popular band Guggenbach-Buam. Enjoy folk dances, games, and contests, vendor booths and craft stands, and Kids Zone!
Time/Place: South Mollison Avenue
The Scream Zone Sept. 27-Nov.2
San Diego County’s largest haunted experience, The Scream Zone is considered among the goriest, scariest, and screaming-est fright fests to be found in the dark corners of Southern California.
Time/Place: See website / Del Mar Fairgrounds
Cabrillo Festival Sept. 28-29
Educational activities, cultural demonstrations and exciting folkloric performances. Food booths with delicious traditional Mexican, Native American, Portuguese and Spanish food. Vendors will showcase their various artistic goods.
Time/Place: 11am-4pm / Naval Base Point Loma
Encinitas Oktoberfest Sept. 29
Will feature music, Bavarian dancers, German food and drink, and a street craft faire featuring more than 200 vendors.
Time/Place: 10am-6pm / Mountain Vista Drive and El Camino Real
XTERRA Wetsuits Mission Bay Triathlon Sept. 29
Join us at the birthplace of the sport for the Mission Bay Triathlon!
Time/Place: 6:40 am / Mission Bay