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Market Leaders Profile: San Diego

Oct. 1, 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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