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Jason Ruedy, President of The Home Loan Arranger says San Diego Home Prices Soar, But Is There an End in Sight

SAN DIEGO, CALIFORNIA, USA, June 12, 2024 / — The real estate market in San Diego County continues to break records as the median home price hit a new high of $880,000 in April, surpassing the previous record of $865,000. However, with low sales and rising prices, many are wondering if this trend will ever stop.According to data from the San Diego Association of Realtors, the median home price in the county has been steadily increasing over the past few years, with a 7.5% jump from last year. This rise in prices has made it increasingly difficult for potential homeowners to enter the market, especially with the added challenges of low inventory and high competition.

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