Support New Housing
New homes are an important part of San Diego's economic strength. Their construction is a life line during economic slow downs. The home building industry employs more than 165,000 people, and generates $3.2 billion in revenue for the local economy every year!
Too often, new homes are wrongly blamed for society's problems such as traffic congestion and population growth. In addition, people are inherently resistant to change, and new homes represent such change. But new homes respond to the market demand, they do not create demand, and they do not increase population...families do this. Learn more here
Fast Facts for San Diego County
San Diego is the 13th most expensive housing market in the nation. View the others here.
Average New Home Price – 1st Quarter 2008
Attached: $400,789
Detached: $773,113
Number of New Home Sales
1Q 2008: 747
4Q 2007: 786
3Q 2007: 1,067
2Q 2007: 1,905
1Q 2007: 2,619
4Q 2006: 2,552
3Q 2006: 2,381
2Q 2006: 3,383
1Q 2006: 2,940
4Q 2005: 2,004
3Q 2005: 3,091
2Q 2005: 4,792
1Q 2005: 3,998
Land Usage in San Diego County
Parks & Rec or Undeveloped: 76%
Urban uses (homes, offices, commercial, & industrial projects): 10%
Agriculture: 7%
Public Facilities: 7%
Housing Future Supply
There are 131,901 new homes proposed for San Diego. This will be spread among 495 detached projects, 564 attached projects and 87 apartment projects throughout San Diego County. These units range in status from those with no approvals to those that have recorded a final map and have begun grading.
Attached product represents the largest percentage of potential units, with 58 percent of future supply or 76,676 units.
Regions with the most planned activity:
San Diego CENTRAL (35%) South County (25%)
SOURCE: LandTracker Jan 2007
Top 10 Builders in San Diego County
Based on Net Sales as of 1st Quarter, 2008
Source: MarketPointe Realty Advisors / ResidentialTrends
1. Pardee Homes
2. Shea Homes
3. Lennar Homes
4. Brookfield Homes
5. Standard Pacific
6. Levin Menzies & Associates
7. Davidson Communities
8. Cornerstone Communities
9. Richmond American
10. D.R. Horton
Building the Truth
Click here to learn more about the myths plaguing the building industry.
Last updated May 2, 2008
