🏡 March 2025 North County San Diego Real Estate Market Update
Spring has arrived, and so has fresh activity in the North County San Diego housing market. Whether you’re thinking of buying or selling, the latest data offers key insights into what’s happening and what might be coming next.
🌟 Big Picture First
Nationally, existing-home sales jumped 4.2% in March, defying expectations and signaling increased buyer movement, especially in the South and West. North County San Diego followed suit with a nuanced but active month.
🏠 Detached Homes – A Mixed but Encouraging Signal for Sellers
- Median Sales Price nudged up 0.6% to $1,170,000
- Closed Sales dipped just 0.4% compared to last year
- Pending Sales rose slightly by 1.1% – a good sign for future closings
- Days on Market increased slightly to 26 days, meaning homes are still moving but buyers may be taking their time
- Months Supply of Inventory rose to 2.5 months, up 8.7% – offering a bit more breathing room for buyers
💡 Sellers: Prices are holding strong, and the increase in inventory may actually help draw out more motivated buyers.
💡 Buyers: You’ve got more choices now, and while homes are still commanding solid prices, the slower pace could give you negotiating leverage.
🏘️ Attached Homes – A Shift Toward Opportunity?
- Median Sales Price dipped 4% to $720,000
- Closed Sales dropped 10.7%
- Days on Market jumped by over 58% to 38 days
- Inventory surged nearly 47.4%
- New Listings rose 41.2%
This signals a market in transition. For sellers, it may mean adjusting expectations. For buyers? A golden window of opportunity may be opening.
🔎 Market Trends Worth Noting
- Inventory continues to grow, with 1.24 million homes on the market nationwide – up 17% year-over-year
- Affordability remains a challenge, but the index saw a modest improvement (up 4.3% for detached homes, 5.6% for attached)
- Percent of original list price received is slightly down – from 100.4% to 98.5% for detached, and from 100.2% to 98.5% for attached. Sellers are still getting strong offers, but the bidding wars of 2021-2022 are less common.
🎯 What This Means for You
For Sellers:
It’s still a strong market—but pricing correctly from day one is more critical than ever. With rising inventory and pickier buyers, the strategy is shifting from “list high and wait” to “price smart and win.”
For Buyers:
Patience is starting to pay off. With more options, longer days on market, and slight softening in list-to-sale ratios, this could be your moment—especially if interest rates hold steady or decline.
👋 Ready to Make a Move?
Whether you’re buying your next home or preparing to sell, it’s all about working with a local expert who understands the rhythm of North County San Diego’s evolving market. Let’s talk strategy and make the most of your next move.
Contact Jean and Ken Tritle, a husband and wife real estate broker/agent team at DreamWell Homes Realty.
Call or Text: 760-798-9024
Email: jeanken@dreamwellhomes.com
Visit DreamWellHomes.com
