San Diego’s housing market continues to shift, and if you’re a family thinking of buying, selling, or relocating, there are a few key trends to know. Prices are softer than last year, inventory is gradually improving, and buyers are more particular about what they want. Whether you're selling or buying, understanding what’s moving (and what’s standing still) is crucial for making smart decisions.
Key Trends & Stats You Should Know
Here’s a snapshot of where things stand and where the market is moving:
-
The median home sale price in San Diego is currently around $933,500, down roughly 6.2% year-over-year.
-
Across all home types, typical homes go pending in ~27-32 days. That’s slower than last year, when days on market were much shorter.
-
The inventory of homes (both detached and attached) has improved somewhat but still remains below what many experts consider “healthy.” Demand is cooling just a bit.
-
Detached (single-family) homes remain more in demand; their prices are holding up better compared with condos/townhomes.
-
Mortgage rates are expected to average in the 5-6% range through the second half of 2025, with modest upward pressure still possible.
What It Means for Families, Buyers & Sellers
| If You Are… | What the Trends Suggest |
|---|---|
| Buying a home | You may have a little more time to shop (less pressure), but homes still need to check a lot of boxes. Negotiation room exists, especially on homes that have been sitting. Be ready with financing, and move when you find something good. |
| Selling your home | Homes priced well and in good condition still sell reasonably well, but expect longer market exposure. Good staging, pricing, and presentation matter more than ever. |
| Relocating / moving to San Diego | Focus on researching neighborhoods, schools, commute, and lifestyle, because your budget will get you very different homes depending on location. Coastal vs inland, new builds vs older homes—big differences in value. |
What’s Next? Forecasts & What to Watch
-
Prices are expected to rise gradually — roughly 3-5% over the next year, but not at the steep pace we saw earlier in the pandemic boom.
-
Supply (inventory) will likely increase, especially for attached homes (condos/townhomes), helping ease competition.
-
Affordability will remain a challenge: down payments remain high, monthly payments are still significantly impacted by mortgage rates, and many buyers will need to balance monthly cost vs the trade-offs of location.
What This Means for You & Your Family
If your family is thinking of making a move, now is a moment for clarity and preparation. Understand your priorities (school district, commute, space, amenities), work with trusted local experts who know San Diego’s shifting neighborhoods, and be ready to act when the right property comes along. Whether you're moving from out of state or relocating within the San Diego metro, having the right information will make all the difference.
Have questions about what this means for your budget, trade-offs, or what neighborhoods currently offer the best value? We’d love to help you navigate it all. Let’s find the place that suits your family’s needs.
