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San Diego real estate market overview
- Average Monthly Rent: $2,137
- Home Price/Value Percentage Change: 1.80%
- Median Home Value: $634,100
- Best Time To Sell a Home: June
- Affordability Index: 71
- Days To Sell a House: 58
- Job Market: Fair
- Public School Ranking: 38
Location and weather
San Diego is a port city known as a beautiful place to live with a perfect climate and great outdoor living. Located in southern California, it's 120 miles southeast of Los Angeles and lies along the Pacific Ocean at San Diego Bay. It is just north of the Mexican border. The city has a landscape of broad mesas, canyons and valleys. It becomes hillier to the north in the La Jolla section and to the east with a line of mountains along the edge. There is so much to do in San Diego with the famous San Diego Zoo, USS Midway Museum, Balboa Park, Cabrillo National Monument and others. With the attractions and beauty of the port city, San Diego is a major tourist destination.
With a near perfect climate, San Diego's warm season is form July through September with high temperatures in the low 80's and evening lows in the mid 60's. During the cooler season, from the end of November to late March the high temperature is below 70 degrees and the lows are in the mid 40's.
Population, job market and cost of living
San Diego's population In 2018 was 1,425,976 with an annual growth rate of 0.82%.
The job market has increased by 1.4% over last year. The ten-year job growth is predicted to be 34.9%. The major industries are in Health Care & Social Assistance, Scientific, Technical Services and Retail Trade. The major employers are AMN Healthcare, Fairfield Residential and Pacifica Companies.
The cost of living is high due to the San Diego real estate market with high demand and high prices for homes. San Diego, as a port city on the west coast has so much to offer. A temperate climate, many attractions and outdoor activities and a steadily growing job market will mean more people will continue to call San Diego home.
San Diego real estate market details
- Little Italy
- North Park
- Gaslamp Quarter
- Ocean Beach
- La Jolla
- Normal Heights