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.
May 21, 2025
San Diego, 92106 — Market Conditions Update (2025)
The San Diego 92106 (Point Loma) market was a balanced market as of the May 21, 2025 effective date. The median sale price for the most recent quarter was $1,750,000, down from $2,155,000 in the prior quarter, while the median price per square foot rose to $948.32, a +3.4% quarterly gain. Inventory stood at 3.2 months, consistent with an anticipated marketing time of 60–90 days. Median days on market shortened to 30 from 42, and the sale-to-list ratio strengthened to 99.0%. Quarterly sales volume rose +37.0% (37 closings versus 27), with the size-normalized $/SF metric the more reliable read on this high-value coastal market.
May 16, 2025
San Diego, 92107 (Condominiums & Townhomes) — Market Conditions Update
The San Diego 92107 condominium and townhouse market was stable to modestly appreciating as of the May 16, 2025 effective date, with the median sale price for the trailing quarter up 9.2% to $840,000 and up 10.0% over the trailing six months against the year-earlier window. Median $/SF rose a similar 5.7% quarter over quarter to $783.70, and the 12-month size-normalized trend of +12.4% points to annualized appreciation in the 10-to-15% range. Inventory stood at 23 active listings, or 4.6 months of supply, indicating a balanced market with an anticipated marketing time of 60 to 90 days. New listings more than doubled quarter over quarter while closed sales eased modestly, and days on market lengthened to 47 from 40, suggesting buyers are taking somewhat longer to transact even as prices firm. The median sale-to-list ratio held at 100.0%, showing well-priced units are still meeting full ask.
May 16, 2025
San Diego, 92116 — Market Conditions Update
The San Diego 92116 single-family market was stable to modestly appreciating as of the May 16, 2025 effective date. The trailing-quarter median sale price of $1,339,000 came in 11.9% below the prior quarter, but the six-month median of $1,460,000 was up 18.0% year over year, and median $/SF rose a more modest 2.7% quarter over quarter to $1,025.10 — the size-normalized measure is the more reliable read given that swing. The 12-month size-normalized trend of +8.4%, with the trailing six months running slightly cooler at +5.5%, supports annualized appreciation in the 5-to-10% range. Inventory of 38 active listings equated to 3.7 months of supply, a balanced market with a 60-to-90-day anticipated marketing time, while sales volume rose 10.7% quarter over quarter. Days on market lengthened modestly to 34 from 29, and the sale-to-list ratio held at 100.0%.
May 16, 2025
San Diego, 92107 — Market Conditions Update
The San Diego 92107 single-family market showed strong appreciation as of the May 16, 2025 effective date, with the 12-month size-normalized $/SF trend at +15.7% and the trailing six months running even hotter at +17.6%, together supporting annualized value movement in the 20-to-25% range. Median $/SF for the trailing quarter rose 16.4% to $1,148.61, though the trailing-quarter median sale price of $1,760,000 came in 13.1% below the prior quarter — a compositional-mix effect rather than a value decline, given the divergence from the $/SF trend. Inventory of 36 active listings translated to 3.6 months of supply, a balanced market with a 60-to-90-day anticipated marketing time. Sales volume was flat quarter over quarter but up 15.4% over the trailing six months against the year-earlier window, and days on market lengthened modestly to 41 from 34. The sale-to-list ratio held at 100.0%, indicating full-price negotiations remain the norm despite the longer marketing times.
April 29, 2025
Poway, 92064 — Market Conditions Update
Months of inventory measured 4.9. Median price per square foot is $663.38. Median sale price is $1,375,000. The 12-month linear price trend is -3.93%. Days on market stand at 37. The SP/LP ratio stands at 100.0%.
