San Diego, home to 1.4 million residents, is the second largest city in California. The city has been experiencing steady growth in its commercial real estate market for many years. This trend is expected to continue until 2030. As new companies and industries continue to move into San Diego, there will be an increase in demand for office space and industrial properties.
San Diego real estate is a hot market. Many investors are buying homes and flipping them for profit, while others are looking to purchase homes to live in. With the average home price at $518,000, buying property in San Diego can be expensive. But with the right strategy and buying power, you can find some excellent deals on San Coronado real estate or other neighborhoods in this city.
Economic Highlights
- San Diego County unemployment rate: 5.8% (2018)
- San Diego County median household income: $71,125 (2017)
- San Diego County