Lets breakdown the San Diego Real Estate scene for September.

We've seen a drop in new listings, down nearly 30% compared to last year. Pending sales are also down by about 23%, and actual closings have dipped by nearly 20%. Yep, fewer homes coming on, fewer going off, and fewer being sold overall.

But here's the kicker: median sales prices have surged by around 10%. Why? Well, it's all about supply and demand. Inventory is tight, even with rates climbing.

Speaking of rates, if you're a buyer waiting for them to drop, think twice. It's already competitive with rates in the 7 to 7.5% range. Waiting might just mean joining the rush when rates finally dip.

Now, if you're a seller, it's a mixed bag. Your decision to sell depends on your unique situation. Maybe it's time for more space, a change of scenery, or just downsizing. Or maybe your current property and rate suit you just fine. No pressure here – I'm here to educate and help you figure out your best move.

If you're mulling over real estate thoughts, I'm your sounding board. Shoot me a message anytime; no pressure, just collaboration. Let's figure out your next best move together. Looking forward to talking with you soon!