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.
January 25, 2026
San Diego, 92126 — Market Conditions Update
The San Diego 92126 (Mira Mesa) market is a seller's market as of the January 25, 2026 effective date. The median sale price for the most recent quarter is $1,161,950, up from $1,070,000 in the prior quarter, while the median price per square foot was essentially flat at $685.59 (+0.1%). Inventory is tight at 2.6 months, supporting an anticipated marketing time of 30–60 days. Median days on market lengthened to 22 from 19, and the sale-to-list ratio held at 100.0%. Quarterly sales volume fell -17.6% (42 closings versus 51), and year-over-year activity declined, suggesting some cooling even as pricing held firm.
January 23, 2026
La Mesa, 91941 — Market Conditions Update
The La Mesa 91941 market is a seller's market that is directionally weakening as of the January 23, 2026 effective date. The median sale price for the most recent quarter is $1,067,500, down from $1,135,000 in the prior quarter, while the median price per square foot held essentially flat at $550.36, a -0.5% quarterly move. Inventory is tight at 1.4 months, supporting an anticipated marketing time of 30–60 days. Median days on market shortened to 30 from 35, and the sale-to-list ratio strengthened to 100.0%, with well-priced listings selling at or above ask. Quarterly sales volume eased -7.7% (60 closings versus 65), though year-over-year activity expanded (125 sales over the trailing six months versus 75 a year earlier). A negative 12-month linear $/SF trend (-5.9%) against a firmer +1.5% six-month trend indicates values that softened over the year but have begun to stabilize recently.
January 5, 2026
San Diego, 92101 (Condominiums & Townhomes) — Market Conditions Update
The downtown San Diego 92101 condominium and attached-housing market was balanced-to-slightly-soft as of the January 5, 2026 effective date, with 180 active listings against a 5.5-month supply and an anticipated marketing time of 60 to 90 days. On the primary, mix-resistant $/SF measure, closed sales rose 5.0% quarter over quarter to $728.64/SF but sat 4.1% below the year-earlier trailing six-month reading, and the 12-month linear trend was -3.7%. Median sale PRICE moved in the opposite direction (+12.9% quarter over quarter), which reflects a shift toward larger, higher-priced units trading rather than a genuine value gain. Both new listings and closed sales fell sharply quarter over quarter (-33.7% and -17.6%, respectively), consistent with the typical seasonal slowdown into the holiday period. Pricing discipline held firm with the sale-to-list ratio near 98.5%.
January 2, 2026
Menifee, 92585 — Market Conditions Update
Months of inventory measured 2.9. Median price per square foot is $265.90. Median sale price is $615,500. The 12-month linear price trend is -5.35%. Days on market stand at 43. The SP/LP ratio stands at 98.0%.
December 18, 2025
Palm Desert, 92260 — Market Conditions Update
The Palm Desert 92260 market is a buyer's market as of the December 18, 2025 effective date, reflecting significant oversupply. The median sale price for the most recent quarter is $611,050, up from $579,000 in the prior quarter, and the median price per square foot rose to $327.85, a +2.2% quarterly gain. Inventory is high at 21.6 months, consistent with an anticipated marketing time of 180+ days. Median days on market lengthened to 82 from 76, and the sale-to-list ratio held at 98.0%. Quarterly sales volume rose +14.8% (217 closings versus 189), with year-over-year activity broadly stable, indicating steady demand against an ample supply backdrop.
