Welcome to our Market Conditions blog where we share insights from our real estate market analyses across San Diego County and surrounding areas. Each report examines median home prices, inventory levels, days on market, and price trends based on MLS data. Check back regularly for the latest updates.
Months of inventory measured 2.2. Median price per square foot is $564.37. Median sale price is $865,000. The 12-month linear price trend is -1.89%. Days on market stand at 20. The SP/LP ratio stands at 100.0%.
The San Diego 92106 (Point Loma) market was a balanced market as of the May 21, 2025 effective date. The median sale price for the most recent quarter was $1,750,000, down from $2,155,000 in the prior quarter, while the median price per square foot rose to $948.32, a +3.4% quarterly gain. Inventory stood at 3.2 months, consistent with an anticipated marketing time of 60–90 days. Median days on market shortened to 30 from 42, and the sale-to-list ratio strengthened to 99.0%. Quarterly sales volume rose +37.0% (37 closings versus 27), with the size-normalized $/SF metric the more reliable read on this high-value coastal market.
The San Diego 92116 (Kensington / Normal Heights area) market was a seller's market as of the May 16, 2025 retrospective effective date. The median sale price for the applicable quarter was $1,425,000, down from $1,520,000 in the prior quarter, even as the median price per square foot rose to $1,030.00, a +1.7% quarterly gain. Inventory stood at 2.0 months of supply, supporting an anticipated marketing time of 30–60 days, while median days on market lengthened to 31 from 27, suggesting some buyer caution. Sale-to-list ratio held at 100.0%, and quarterly sales volume increased +7.7% (56 closings versus 52), with a strong 12-month linear $/SF trend of +15.7% underscoring the segment's underlying price appreciation.
The San Diego 92107 (Ocean Beach / Point Loma) condominium/townhouse market was a seller's market as of the May 16, 2025 retrospective effective date. The median sale price for the applicable quarter was $840,000, up from $769,500 the prior quarter, while the median price per square foot climbed to $783.70, a +5.7% gain. Supply-side metrics for this segment were data-limited given sparse historical condo listing records bridging the retrospective window, but days on market fell sharply to 7 from 30, and the sale-to-list ratio held at 100.0%. Quarterly sales volume eased -6.2% (15 closings versus 16), and a negative 12-month linear $/SF trend of -2.1% suggests recent softening despite the quarter's price gains.
The San Diego 92107 single-family market was a seller's market as of the May 16, 2025 retrospective effective date, with essentially no active inventory. The median sale price for the applicable quarter was $1,650,000, down -6.5% from $1,765,000 the prior quarter, while the median price per square foot rose to $1,081.08, an +11.4% gain, reflecting a broader 12-month appreciation trend of +48.97% in sale prices. Days on market shortened sharply to 8 from 22, and the sale-to-list ratio held at 100.0%, evidence of a still-competitive market. Quarterly sales volume slipped -7.5% (62 closings versus 67), consistent with a market absorbing available inventory quickly despite the quarterly price pullback.