‘Out of control’ San Diego surpasses San Fran as least affordable US city
By Kerry J. Byrne
March 5, 2022 4:20pm Updated
The downtown district of San Diego, California.
One 1,400-square-foot home in San Diego sold for $1 million.
Art Wager
The city surpassed its northern California neighbor, the notoriously pricey San Francisco, earlier this year, according to a report by real-estate analytics company OJO Labs.
“Pricing is out of control,” Kathy McSherry, a Compass real estate agent in San Diego, told The Post Saturday, a day after she sold a 1,400-square-foot home for $1 million, a property originally listed at $900,000. She currently has a $1.65 million offer pending on a $1.4 million listing for a 1,500-square-foot property.
“We’re getting multiple offers on everything,” McSherry said, including more than 20 bids on a one-bedroom condo in central San Diego.
https://nypost.com/2022/03/05/san-diego-surpasses-san-francisco-as-least-affordable-us-city/
