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.
June 5, 2026
San Diego, 92129 — Condominium Market Conditions Update
The San Diego 92129 (Rancho Peñasquitos) attached-home market is a seller's market as of the June 5, 2026 effective date. The median sale price for the most recent quarter is $575,000, down from $630,000 in the prior quarter on a shift in unit mix, while the median price per square foot rose to $601.62, a +2.4% quarterly gain — the size-normalized metric is the more reliable read. Inventory is tight at 2.6 months, supporting an anticipated marketing time of 30–60 days. Median days on market held essentially steady at 36 versus 34, and the sale-to-list ratio firmed to 99.0%. Quarterly sales volume more than doubled, up +154.5% (28 closings versus 11), while year-over-year activity held flat.
May 30, 2026
Oceanside, 92054 — Market Conditions Update
The Oceanside 92054 market is a seller’s market that is broadly stable as of the May 30, 2026 effective date. Because closed sales of 2-4 unit income properties in the zip are too infrequent for statistically reliable trends, single-family data is used as the best available proxy for this duplex subject. The median sale price for the most recent quarter is $1,235,000, down from $1,449,000 in the prior quarter, while the median price per square foot eased to $756.41, a -13.0% quarterly move. Inventory is tight at 1.4 months, supporting an anticipated marketing time of 30–60 days. Median days on market lengthened to 26 from 21, a sign of modest buyer caution, though the sale-to-list ratio held stable at 98.2%. Quarterly sales volume rose +23.8% (26 closings versus 21), and with a positive 6-month $/SF trend of +19.8%, the size-normalized metric indicates recent activity has firmed values from a softer earlier period.
May 29, 2026
Palm Springs, 92264 — Market Conditions Update
The Palm Springs 92264 market is a balanced market that is broadly stable as of the May 29, 2026 effective date. The median sale price for the most recent quarter is $506,025, up from $490,000 in the prior quarter, while the median price per square foot edged up to $360.78, a +1.0% quarterly move. Inventory stands at 4.0 months, supporting an anticipated marketing time of 60–90 days. Median days on market held essentially steady at 65 versus 64, and the sale-to-list ratio improved to 98.0% from 97.6%. Quarterly sales volume rose sharply, up +33.0% (149 closings versus 112) and +89.1% year-over-year, and with a positive 6-month linear $/SF trend of +5.33%, the market appears to be finding its equilibrium as participants adjust to current conditions.
May 23, 2026
Encinitas, 92024 — Market Conditions Update
The Encinitas 92024 market is a seller's market that is directionally strengthening as of the May 23, 2026 effective date. The median sale price for the most recent quarter is $2,461,750, up from $1,907,500 in the prior quarter, while the median price per square foot rose to $976.92, a +5.9% quarterly gain. Inventory is tight at 1.7 months, supporting an anticipated marketing time of 30–60 days. Median days on market edged up to 20 from 15, yet the sale-to-list ratio strengthened to 99.3%. Quarterly sales volume jumped +90.3% (118 closings versus 62), and with a positive 12-month linear $/SF trend of +3.7% alongside a firm +1.0% six-month trend, the size-normalized $/SF metric confirms steadily firming values in this coastal market.
May 23, 2026
Carlsbad, 92009 — Condominium Market Conditions Update
The Carlsbad 92009 attached condominium and townhome market is a seller's market that is essentially stable to flat as of the May 23, 2026 effective date. The median sale price for the most recent quarter is $920,000, down from $950,000 in the prior quarter, while the median price per square foot was nearly unchanged at $625.00 versus $627.63, a -0.4% quarterly move. Inventory is tight at 2.1 months, supporting an anticipated marketing time of 30–60 days. Median days on market lengthened to 39 from 27, a sign of modest buyer caution, while the sale-to-list ratio held steady at 98.8%. Quarterly sales volume rose +43.4% (119 closings versus 83) on the normal winter-to-spring pattern, and with small, offsetting price signals the size-normalized $/SF metric points to a flat market where no market-conditions time adjustment is warranted.
