Posts

Showing posts from August, 2025
Image
  Understanding San Diego Home Prices: Why Average vs. Median Matters to You Navigating the San Diego real estate market can feel like deciphering a whole new language. You hear about market trends, rising values, and different price points. Two terms that frequently pop up are "average price" and "median price." While they both aim to give you a sense of home values, they are calculated differently and offer distinct insights, especially in a diverse and dynamic market like ours. Understanding the difference is crucial, whether you're dreaming of buying a beachfront bungalow in La Jolla or planning to sell your family home in Chula Vista. The Average Price: A Simple Summation (That Can Be Misleading) The average price , also known as the mean, is calculated by adding up the sale prices of all the homes sold in a specific area (like San Diego County) over a certain period and then dividing that total by the number of homes sold. It's a straightforward calcul...