Name: San Diego among home markets with the fastest decreasing home prices
Uploaded: 2022-10-26T13:28:21Z
Channel: TEGNA

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San Diego among home markets with the fastest decreasing home prices

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Description

San Diego home prices are dropping and we're seeing a record slowdown nationwide. According to the S&P Case-Shiller Indices, the home prices were down 2.5% from July to August. San Diego County hasn’t seen a drop that significant since July 2008. According to Realtor.com, in August the median sale price for a single-family home was $900,000. During the pandemic, the median sale price for a single-family home was around $670,000. The annual price growth for San Diego is 12.7% and 13% nationwide, according to S&P Case-Shiller Indices. MORE: https://www.cbs8.com/article/news/local/working-for-you/san-diego-fastest-decreasing-home-prices/509-2b164cf6-ade1-4d1b-a037-03881858ef15

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KFMB

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local news working-for-you

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