I am a little late in posting my yearly market report.  2021 was another incredible year for real estate, especially here in San Diego, CA.  In this market report, I will be highlighting sales in Del Cerro, San Diego 92120.  We only used single-family detached homes for the purpose of this analysis.  In 2021, there were 111 total sales with an average sales price of $1,257,000 with an increase of 18% over the year!  The change in price per square foot was a more modest 9% increase over the year.  The average days on the market was 16 days which is still lightning quick in regards to how long properties remain actively listed.  We are now in the first quarter of 2022 and with low inventory compared to the demand for these houses, sales prices look to increase even higher into 2022 as we analyze the first three months of sales.  What do you think the market will do by the end of 2022?  Will the increase in interest rates and conflict in Ukraine spill over into our housing market and slow down the momentum?  So far the pandemic has done nothing but spur on the demand for housing.  It will be interesting to see what the market does this year however demand continues to be high while supply is low which indicates a continuation of a red hot sellers’ market.