San Diego County

Property For sale & Area Information.

Welcome to San Diego County

San Diego County’s real estate market remains robust and highly desirable, fueled by its coastal charm, diverse communities, strong job market, and unmatched lifestyle amenities. While mortgage rates remain elevated, demand continues—especially for single-family homes in central and coastal neighborhoods, and turnkey condos in walkable urban areas.

Median Home Prices

Single-Family Homes: Median price is $1.05 million, reflecting a 4.9% year-over-year (YoY) increase.
Condominiums & Townhomes: Median price stands at $690,000, up 5.1% YoY.
Luxury Market ($2M+): Strong activity in coastal enclaves like La Jolla, Del Mar, and Rancho Santa Fe. Days on Market (DOM) average 60–75 days.

Inventory & Market Speed

Tight Inventory: Roughly 1.9 months of inventory—keeping the market in favor of sellers.
DOM Trends:
- Single-Family Homes: 16–24 days (especially fast in areas like North Park, Poway, and Carlsbad)
- Condos/Townhomes: 20–30 days
- Luxury Homes: 60+ days, particularly where properties lack modern upgrades or are priced over $3M
Price Reductions: About 14% of listings show reductions, often on oversized or outdated properties in higher price brackets.

Key Market Dynamics

Seller’s Market: Nearly 45% of homes are selling at or above asking, particularly in hot zones like Carmel Valley, Clairemont, and Encinitas.
New Development:
- Limited in coastal zones due to land scarcity and zoning restrictions
- Focus on infill development, urban multi-use projects, and ADUs in suburban neighborhoods
Location Premium: Homes with ocean views, walkability, or located in top school districts can command 20–30% price premiums.

Interest Rates & Affordability

Mortgage Rates: Currently around 6.75% (30-year fixed).
Affordability: A $1.05M home typically requires $7,400/month (PITI), pushing some buyers toward more affordable east county areas like El Cajon or Chula Vista.

Top Market Drivers

Lifestyle: Access to beaches, world-class dining, hiking, and cultural attractions
Top Schools: High-performing districts like Poway Unified, San Dieguito Union, and La Jolla’s schools attract families
Employment: Strong tech, biotech, healthcare, and military job markets
Accessibility: Well-connected via I-5, I-15, and regional transit, with easy access to downtown and cross-border travel
Quality of Life: Known for year-round sunshine, safety, and outdoor living

Future Outlook (2024–2025)

Price Trends: Expected to grow by 3–4.5% annually due to limited supply and ongoing migration to San Diego.
Inventory Forecast: Modest increases from resales and ADU additions, but new housing will remain constrained.
Luxury Segment: Holding steady, though buyers are selective and favor high-end finishes, views, and privacy.

Conclusion

San Diego County continues to shine as one of California’s most resilient and lifestyle-rich housing markets. Whether you’re drawn to its coastal living, excellent schools, or booming job scene, demand is expected to remain strong well into 2025.

Buyers: Be ready to act quickly—homes with views, updates, and top-tier locations go fast.
Sellers: You’re still in a strong position—especially if your home is move-in ready and well-located.