Matrix Multifamily San Diego Report-November 2024

San Diego’s Mixed Bag

San Diego’s advertised asking rents decreased 0.2 percent on a T3 basis through September, to $2,278, while the U.S. remained flat. Contrary to the national trend, the metro’s sales volume outperformed the U.S., growing 25.4 percent YoY to $671 million through the first three quarters of 2024.

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