Market Conditions Reports
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.
December 5, 2024
Coronado, 92118 — Market Conditions Update
The Coronado 92118 market is a balanced market as of the December 5, 2024 effective date. The median sale price for the most recent quarter is $3,100,000, up from $2,992,000 in the prior quarter, while the median price per square foot eased to $1,490.99, a -1.6% quarterly move. Inventory stands at 4.1 months, consistent with an anticipated marketing time of 60–90 days. Median days on market shortened sharply to 44 from 66, and the sale-to-list ratio held at 96.0%, with buyers negotiating modest discounts from ask in this high-value coastal market. Quarterly sales volume declined -14.7% (29 closings versus 34), even as year-over-year activity expanded.
November 15, 2024
Poway, 92064 — Market Conditions Update
Months of inventory measured 2.3. Median price per square foot is $666.92. Median sale price is $1,291,000. The 12-month linear price trend is +5.21%. The SP/LP ratio stands at 99.0%.
November 15, 2024
Fallbrook, 92028 — Market Conditions Update
Months of inventory measured 4.5. Median price per square foot is $437.14. Median sale price is $867,500. The 12-month linear price trend is +7.84%. Days on market stand at 40. The SP/LP ratio stands at 100.0%.
May 1, 2024
Rancho Mirage, 92270 — Market Conditions Update
Months of inventory measured 4.9. Median price per square foot is $446.59. Median sale price is $1,177,000. The 12-month linear price trend is +14.30%. Days on market stand at 54. The SP/LP ratio stands at 97.0%.
August 26, 2022
Huntington Beach, 92649 — Market Conditions Update
The Huntington Beach 92649 market is a seller’s market that is directionally strengthening as of the August 26, 2022 effective date. The median sale price for the most recent quarter is $1,612,500, essentially flat against $1,600,000 in the prior quarter, while the median price per square foot eased to $776.33, a -3.3% quarterly move set against a firm +14.4% twelve-month linear $/SF trend. Inventory is tight at 2.3 months, supporting an anticipated marketing time of 30–60 days. Median days on market lengthened to 31 from 20, a sign of modest buyer caution, even as the sale-to-list ratio held stable at 98.1%. Quarterly sales volume rose +6.4% (50 closings versus 47), though year-over-year activity has cooled, and the size-normalized $/SF metric remains the more reliable read on underlying market direction.
