San Diego Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! ===Real estate=== [[File:Village of La Jolla, San Diego, CA 92037, USA - panoramio (48).jpg|thumb|left|[[La Jolla]] is a highly valued [[real estate]] market in San Diego.]] San Diego has high real estate prices. San Diego home prices peaked in 2005, and then declined along with the national trend. As of December 2010, prices were down 36 percent from the peak,<ref>{{cite news|url=http://nl.newsbank.com/nl-search/we/Archives?p_action=doc&p_docid=134725AB44C9BD10&p_docnum=1&s_dlid=DL0111032600040931826&s_ecproduct=SUB-FREE&s_ecprodtype=INSTANT&s_trackval=&s_siteloc=&s_referrer=&s_subterm=Subscription%20until%3A%2012%2F14%2F2025%2011%3A59%20PM&s_docsbal=%20&s_subexpires=12%2F14%2F2025%2011%3A59%20PM&s_docstart=&s_docsleft=&s_docsread=&s_username=sdubsub&s_accountid=AC0110122214325408110&s_upgradeable=no |last=Freeman, Mike |title=Housing Prices Fall Again, Index Says |work=San Diego Union Tribune |date=December 29, 2010 |access-date=May 4, 2011}}</ref> [[median home price|median price of homes]] having declined by more than $200,000 between 2005 and 2010.<ref>{{cite news|url=http://nl.newsbank.com/nl-search/we/Archives?p_action=doc&p_docid=12FA5631673E3420&p_docnum=6&s_dlid=DL0111032600114313695&s_ecproduct=SUB-FREE&s_ecprodtype=INSTANT&s_trackval=&s_siteloc=&s_referrer=&s_subterm=Subscription%20until%3A%2012%2F14%2F2025%2011%3A59%20PM&s_docsbal=%20&s_subexpires=12%2F14%2F2025%2011%3A59%20PM&s_docstart=&s_docsleft=&s_docsread=&s_username=sdubsub&s_accountid=AC0110122214325408110&s_upgradeable=no |last=Showley, Roger |title=Realty Revival |work=San Diego Union Tribune |date=May 9, 2010 |access-date=May 4, 2011}}</ref> As of May 2015, the median price of a house was $520,000.<ref>{{cite web|url=http://fox5sandiego.com/2015/05/08/median-price-of-home-hits-520k-in-san-diego/ |title=Median price of home hits $520K in San Diego |work=FOX5 San Diego |date=May 8, 2015 |access-date=January 29, 2016}}</ref> In November 2018 the median home price was $558,000. The San Diego metropolitan area had one of the worst housing affordability rankings of all metropolitan areas in the United States in 2009.<ref>{{cite news|url=http://www.newgeography.com/content/00554-new-survey-improving-housing-affordability-%E2%80%93-but-still-a-way-go|title=New Survey: Improving Housing Affordability – But Still a Way to Go|author=Cox, Wendell|date=January 28, 2009|publisher=NewGeography|access-date=June 20, 2013}}</ref> The San Diego Housing Market experienced a decline in the median sold price of existing single-family homes between December 2022 and January 2023, with a 2.9% decrease from $850,000 to $824,950.<ref>{{cite web|url=https://www.noradarealestate.com/blog/san-diego-real-estate-market/#:~:text=According%20to%20the%20latest%20C.A.R.,decrease%20from%20%24850%2C000%20to%20%24824%2C950|title=The San Diego Real Estate Market is Slowing|date=February 22, 2023}}</ref> As of 2023, the majority of homes (nearly 60%) in San Diego are listed above $1 million, with the city's median home price at $910,000, ranking it fourth highest among the 30 largest U.S. cities.<ref>{{cite news|url=https://fox5sandiego.com/news/local-news/san-diego/san-diego-among-cities-where-majority-of-homes-cost-over-1m-study/ |last=Coakley | first= Amber |title=San Diego among cities where majority of homes cost over $1M: study |work=fox5sandiego.com |date=July 12, 2023 |access-date=September 5, 2023 |archive-url=https://web.archive.org/web/20230713230110/https://fox5sandiego.com/news/local-news/san-diego/san-diego-among-cities-where-majority-of-homes-cost-over-1m-study/ |archive-date=July 13, 2023}}</ref><ref>{{cite news|url=https://www.cbs8.com/article/news/local/paradise-at-a-price/nearly-60-of-homes-for-sell-in-san-diego-are-over-1m/509-0061dbb2-7a93-47a8-9d07-85122bfe2794 |last=De La Fe | first= Rocio |title=Report: Nearly 60% of homes for sale in San Diego are over $1 million |work=cbs8.com |date=July 13, 2023 |access-date=September 5, 2023 |archive-url=https://web.archive.org/web/20230714115033/https://www.cbs8.com/article/news/local/paradise-at-a-price/nearly-60-of-homes-for-sell-in-san-diego-are-over-1m/509-0061dbb2-7a93-47a8-9d07-85122bfe2794 |archive-date=July 14, 2023}}</ref> Consequently, San Diego has experienced negative net migration since 2004. A significant number of people have moved to adjacent [[Riverside County, California|Riverside County]], commuting daily to jobs in San Diego, while others are leaving the area altogether and moving to more affordable regions.<ref name="SDGreenerPastures">{{cite news|last=Weisberg|first=Lori|title=Greener pastures outside of county?|work=[[San Diego Union-Tribune]]|date=March 22, 2007|url=http://www.sandiegouniontribune.com/uniontrib/20070322/news_1n22census.html|archive-url=https://web.archive.org/web/20160814101856/http://www.sandiegouniontribune.com/uniontrib/20070322/news_1n22census.html|access-date=May 16, 2021|archive-date=August 14, 2016}}</ref> Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. 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