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 23, 2026
Carlsbad, 92009 — Condominium Market Conditions Update
The Carlsbad 92009 attached condominium and townhome market is a seller's market that is essentially stable to flat as of the May 23, 2026 effective date. The median sale price for the most recent quarter is $920,000, down from $950,000 in the prior quarter, while the median price per square foot was nearly unchanged at $625.00 versus $627.63, a -0.4% quarterly move. Inventory is tight at 2.1 months, supporting an anticipated marketing time of 30–60 days. Median days on market lengthened to 39 from 27, a sign of modest buyer caution, while the sale-to-list ratio held steady at 98.8%. Quarterly sales volume rose +43.4% (119 closings versus 83) on the normal winter-to-spring pattern, and with small, offsetting price signals the size-normalized $/SF metric points to a flat market where no market-conditions time adjustment is warranted.
May 23, 2026
Encinitas, 92024 — Market Conditions Update
The Encinitas 92024 market is a seller's market that is directionally strengthening as of the May 23, 2026 effective date. The median sale price for the most recent quarter is $2,461,750, up from $1,907,500 in the prior quarter, while the median price per square foot rose to $976.92, a +5.9% quarterly gain. Inventory is tight at 1.7 months, supporting an anticipated marketing time of 30–60 days. Median days on market edged up to 20 from 15, yet the sale-to-list ratio strengthened to 99.3%. Quarterly sales volume jumped +90.3% (118 closings versus 62), and with a positive 12-month linear $/SF trend of +3.7% alongside a firm +1.0% six-month trend, the size-normalized $/SF metric confirms steadily firming values in this coastal market.
May 20, 2026
Bonita, 91902 — Market Conditions Update
The Bonita 91902 market is a seller's market that is directionally strengthening as of the May 20, 2026 effective date. The median sale price for the most recent quarter is $1,225,000, down from $1,300,000 in the prior quarter, while the median price per square foot is $531.31, a -3.7% quarterly move. Inventory is tight at 2.1 months, consistent with an anticipated marketing time of 30–60 days. Median days on market lengthened to 22 from 16, a sign of modest buyer caution even as the sale-to-list ratio firmed to 101.0%. Quarterly sales volume rose +28.6% (27 closings versus 21), and the size-normalized $/SF metric remains the more reliable read on underlying market direction.
May 20, 2026
San Diego, 92109 — Market Conditions Update
The San Diego 92109 (Pacific Beach) market is a strengthening seller's market as of the May 20, 2026 effective date. The median sale price for the most recent quarter is $2,375,000, up from $2,282,450 in the prior quarter, and the median price per square foot climbed to $1,235.01, an +11.8% quarterly gain. Inventory remains tight at 2.6 months, supporting an anticipated marketing time of 30–60 days. Median days on market held essentially steady at 28 versus 26, and the sale-to-list ratio is stable at 97.0%. Quarterly sales volume jumped +37.9% (40 closings versus 29), indicating active demand at the high end of this coastal market.
May 18, 2026
Valley Center, 92082 — Market Conditions Update
The Valley Center 92082 market is a balanced market as of the May 18, 2026 effective date. The median sale price for the most recent quarter is $912,500, up from $855,000 in the prior quarter, while the median price per square foot rose to $400.00, a +2.6% quarterly gain. Inventory stands at 3.4 months, consistent with an anticipated marketing time of 60–90 days. Median days on market fell sharply to 20 from 46, and the sale-to-list ratio held firm at 99.5%. Quarterly sales volume surged +90.9% (63 closings versus 33), signaling a notable pickup in buyer activity even as year-over-year totals held broadly stable.
