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.
April 9, 2026
Palm Desert, 92260 — Market Conditions Update
The Palm Desert 92260 market is a balanced market as of the April 9, 2026 effective date. The median sale price for the most recent quarter is $632,500, down from $687,500 in the prior quarter (-8.0%), while the median price per square foot rose to $370.03, a +6.7% quarterly gain. Inventory stands at 5.4 months, consistent with an anticipated marketing time of 60–90 days. Median days on market fell sharply to 47 from 81, and the sale-to-list ratio held at 97.0%. Quarterly sales volume rose +18.3% (194 closings versus 164); rising volume paired with a softer median suggests a market in repricing mode as buyers respond to adjusted expectations.
April 9, 2026
Santee, 92071 — Vacant Land Market Conditions Update
The Santee 92071 vacant-land market is a buyer's market that is softening as of the April 9, 2026 effective date (taken from the report's file date, as the source report did not state one). Because vacant-land transactions in the immediate area are too thin to model directly, the broader Santee residential market is presented as the best available proxy: the median sale price for the most recent quarter is $867,500, down from $961,000 in the prior quarter (-9.7%), while the median price per square foot firmed to $437.14 (+4.0%), with inventory at 4.5 months and an anticipated marketing time of 60-90 days. On the land side, the most recent quarter recorded 19 closed sales at a median of $290,000 (median 3.04 acres, $1.27 per lot SF), a 94.0% sale-to-list ratio, 45 median days on market, and roughly 8.7 months of land supply. Together the metrics point to a thinly traded land market where buyers are negotiating more aggressively than in the residential segment.
April 6, 2026
Encinitas, 92024 — Market Conditions Update
The Encinitas 92024 market is a seller's market as of the April 6, 2026 effective date. The median sale price for the most recent quarter is $2,386,378, up from $2,115,500 in the prior quarter, while the median price per square foot eased to $952.34, a -6.4% quarterly move. Inventory is tight at 2.6 months, supporting an anticipated marketing time of 30–60 days. Median days on market shortened sharply to 14 from 35, and the sale-to-list ratio strengthened to 100.0%. Quarterly sales volume rose +11.1% (80 closings versus 72), with year-over-year activity expanding, reflecting active demand in this coastal market.
April 3, 2026
Palm Desert, 92260 — Market Conditions Update
The Palm Desert 92260 condominium/attached segment is a buyer's market as of the April 3, 2026 effective date, reflecting substantial oversupply. The median sale price for the most recent quarter is $489,000, down from $530,000 in the prior quarter, while the median price per square foot eased to $328.33, a -2.3% quarterly move. Inventory is elevated at 28.6 months, consistent with an anticipated marketing time of 180+ days. Median days on market shortened to 53 from 80, and the sale-to-list ratio held at 98.0%. Quarterly sales volume rose +35.8% (110 closings versus 81), with year-over-year activity flat, indicating buyers re-engaging at adjusted price points.
March 30, 2026
San Diego, 92127 — Market Conditions Update
Months of inventory measured 2.2. Median price per square foot is $729.17. Median sale price is $2,270,000. The 12-month linear price trend is -7.35%. Days on market stand at 17. The SP/LP ratio stands at 99.0%.
