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 11, 2026
San Diego, 92111 — Market Conditions Update
The San Diego 92111 market is a supply-constrained, seller-favoring market as of the April 11, 2026 effective date. The median sale price for the most recent quarter is $1,075,000, up from $1,055,000 in the prior quarter (+1.9%), while the median price per square foot jumped to $781.00 from $690.89, a +13.0% quarterly gain. Inventory is very tight at 1.1 months across 19 active listings, supporting an anticipated marketing time of 30–60 days. Median days on market shortened to 14 from 27, and the sale-to-list ratio held at 100.0%, meaning well-priced listings are negotiating at full ask. Quarterly sales volume rose +4.1% (51 closings versus 49) and the trailing six-month total of 100 sales ran +31.6% ahead of the 76 recorded a year earlier. With a +6.4% twelve-month size-normalized fit and a +9.6% trailing six-month figure, the assembled trend measures indicate property value movement in the range of positive ten to positive fifteen percent annualized.
April 9, 2026
Fallbrook, 92028 — Market Conditions Update
This Fallbrook 92028 update reflects the broader residential market as the best available indicator for a vacant-land subject as of the April 9, 2026 effective date, presenting a balanced market. The median sale price for the most recent quarter is $867,500, down from $961,000 in the prior quarter, while the median price per square foot rose to $437.14, a +4.0% quarterly gain. Inventory stands at 4.5 months, consistent with an anticipated marketing time of 60–90 days. Median days on market edged up to 40 from 37, while the sale-to-list ratio held at 100.0%. Quarterly sales volume declined -25.5% (108 closings versus 145), with year-over-year activity broadly flat, suggesting a cooling but orderly market.
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.
