Market Leaders Profile: San Diego

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Data and information on the San Diego remodeling market

October 01, 2009





Population: 3,001,072 (6.7 percent increase since 2000)

Existing home sales: Q2 2009 sales were up 16.3 percent from 2008 and up 22.9 percent from Q1

Home prices 

     • Down 16 percent from 2008

     • Down 41.2 percent from November 2005 local peak

     • Down 32.7 percent over last 5 years

     • Up 35.7 percent over last decade

Homeownership rate: 59.0 percent (No. 65 among major metros)

Median household income: $60,970

Local unemployment rate: 10.3 percent (up from 6.3 percent in 2008)

Sources: S&P/Case Shiller Home Price Index, San Diego Association of Realtors, U.S. Bureau of Labor Statistics, U.S. Census Bureau 



RELATED LINKS



San Diego Union Tribune: Housing prices in county rise, but sales down  

San Diego Union Tribune: Report: Slower recovery in state 

The Corner Office: Marrokal Construction 

The Corner Office: Lars Construction

 

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