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.
August 6, 2025
Rancho Mirage, 92270 — Market Conditions Update
The Rancho Mirage 92270 single-family market is a stable, balanced market as of the August 6, 2025 effective date. Across the trailing 24-month period the overall median sale price for single-family residential properties was $1,140,000, with a median sale price per square foot of $444.67. On a quarterly basis both metrics remained relatively stable, fluctuating within a moderate range after firming in early 2025 and softening modestly through late 2025. As of the effective date, median sale price and $/SF were closely aligned with the period-wide medians, supporting a conclusion of no material directional pressure. Listing-side metrics such as days on market, list-to-sale ratio, and months of inventory were not available from the underlying data source for this market and are not reflected here. Overall conditions indicate a balanced market requiring no significant market-conditions time adjustment.
August 6, 2025
La Jolla, 92037 — Market Conditions Update
The La Jolla 92037 market was balanced as of the August 6, 2025 effective date, with 118 active listings and 4.8 months of supply supporting a 60-to-90-day anticipated marketing time. The trailing-quarter median sale price of $3,567,000 eased from $3,738,500 in the prior quarter, while median $/SF rose 3.1% to $1,380.54, and the 12-month linear $/SF trend of +11.4% points to continued underlying appreciation in this high-end coastal submarket. Sales volume held essentially flat quarter over quarter but rose over 13% over the trailing six months against a year earlier, reflecting steady demand. Days on market lengthened notably to 52 from 29, suggesting increased buyer selectivity at this price point, though the sale-to-list ratio strengthened to 99.0%, indicating well-priced listings continue to negotiate close to full ask.
June 26, 2025
Fallbrook, 92028 — Market Conditions Update
Months of inventory measured 4.2. Median price per square foot is $442.49. Median sale price is $952,375. The 12-month linear price trend is +5.00%. Days on market stand at 50. The SP/LP ratio stands at 100.0%.
June 24, 2025
Encinitas, 92024 — Market Conditions Update
The Encinitas 92024 single-family market was balanced as of the June 24, 2025 effective date, with 117 active listings and 4.4 months of supply supporting a 60-to-90-day anticipated marketing time. The trailing-quarter median sale price of $2,325,000 rose from $2,000,000 in the prior quarter, while median $/SF held essentially flat, easing 0.7% to $946.86; the 12-month linear $/SF trend of -1.9% suggests values in this higher-end submarket have plateaued rather than continued their earlier climb. Sales volume rose 17.9% quarter over quarter and was up nearly 30% over the trailing six months against a year earlier, reflecting expanding transaction activity even as pricing stabilizes. Days on market lengthened notably to 35 from 18, suggesting increased buyer caution or some overpricing in parts of the market, though the sale-to-list ratio held stable near 98.5%.
June 19, 2025
Santee, 92071 — Market Conditions Update
Months of inventory measured 2.2. Median price per square foot is $564.37. Median sale price is $865,000. The 12-month linear price trend is -1.89%. Days on market stand at 20. The SP/LP ratio stands at 100.0%.
