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Southern California: Have you noticed a change in demand for the Condo vs SFR market since the rate hike?

I currently have my condo listed for sale, with the intention of buying a SFR. I have my place listed at the same price point the last two identical units have sold for within the last month. Keep in mind, my unit is in a better location and is more upgraded.

I had an open house on Saturday and only had 4 visits. While my open house was going, I went to 6 open houses for SFR’s which were all busy.

My initial thought was maybe the rate hike is affecting the condo market and has not hit the SFR market yet.

submitted by /u/Ksl848
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source https://www.reddit.com/r/RealEstate/comments/tq6jht/southern_california_have_you_noticed_a_change_in/

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