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 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 — Condominium Market Conditions Update
Downtown San Diego's 92101 condominium and loft market was best described as balanced to slightly soft rather than a seller's market as of the January 5, 2026 effective date. The median sale price over the trailing quarter reached $767,500, up nearly 13% from the prior quarter, though that jump reflected a shift toward larger units rather than a genuine value increase; the more reliable median price per square foot came in at $728.64, up 5.0% quarter over quarter but down 4.1% over the trailing year. Inventory stood at 5.5 months of supply, days on market tightened modestly to 28 days, and the sale-to-list ratio held firm near 98.5%. Closed sales volume slipped 17.6% quarter over quarter, consistent with typical winter seasonality. Taken together, the data point to a downtown condo market that has cooled from its earlier pace and is now flat to mildly softening on a price-per-square-foot basis.
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.
November 10, 2025
El Cajon, 92019 — Market Conditions Update
Months of inventory measured 2.1. Median price per square foot is $508.26. Median sale price is $850,000. The 12-month linear price trend is -0.08%. Days on market stand at 22. The SP/LP ratio stands at 99.0%.
