The average homeowner who sold last quarter had owned their home for just over 8 years—the longest average in at least two decades. And while headlines love to focus on market uncertainty, here's what isn’t being talked about enough:
Most of those sellers still walked away with a solid win—a 50% gain.
That’s well above pre-pandemic averages, where 30% was more typical.
Have profits come down from the highs of 2021–2022? Slightly. But that’s to be expected. Home values in San Diego—and across the country—saw years of rapid growth. What we’re seeing now is a more sustainable pace, not a retreat.
The bigger picture? Homeowners who’ve held onto their properties for several years are still selling into strength. And in San Diego, where demand remains steady and inventory is tight, long-term ownership continues to reward patience.
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