San Diego County Real Estate Market: Current Trends and Statistics

san diego county real estate market trends and statistics update-2

The San Diego County real estate market kicked off 2025 with rising home prices, fluctuating sales activity, and shifting inventory levels. Whether you’re a buyer, seller, or investor, understanding these trends can help you navigate the market effectively.

Key Market Trends – January 2025

1. Home Prices Continue to Climb

Countywide Median Sales Price: $880,000 (+6.0% YoY)
Metro San Diego County: $945,500 (+7.4% YoY)
North San Diego County: $1,015,000 (+12.8% YoY)
South San Diego County: $795,000 (+7.4% YoY)
East San Diego County: $735,000 (-1.9% YoY)

While North San Diego County saw the highest price growth, East San Diego County was the only region where prices declined slightly.

2. Days on Market Increases, Indicating Longer Selling Times

Countywide Average Days on Market: 38 days (+35.7% YoY)
North San Diego County: 43 days (+38.7% YoY)
Metro San Diego County: 33 days (+17.9% YoY)
South San Diego County: 32 days (+18.5% YoY)
East San Diego County: 39 days (+62.5% YoY)

Homes are taking longer to sell, suggesting that buyers are taking their time, potentially due to higher mortgage rates or increased inventory.

3. Inventory and Closed Sales Activity

Countywide Closed Sales: 1,454 (+0.3% YoY)
Metro San Diego County: 457 (-3.6% YoY)
North San Diego County: 637 (+4.1% YoY)
South San Diego County: 97 (-11.0% YoY)
East San Diego County: 225 (-1.7% YoY)

Inventory levels are slowly increasing, but closed sales have declined in some areas, indicating that buyers may be cautious due to economic factors.

What This Means for Buyers

✅ More inventory means more options, but competition remains strong in certain price ranges.
✅ Mortgage rates are influencing affordability, so securing a rate lock may be beneficial.
✅ Homes are sitting longer on the market, giving buyers more room for negotiation.

Tips for Buyers:

Get pre-approved to strengthen your offer.
Be patient—homes are taking longer to sell, meaning you may find better deals.
Explore different areas—North County remains competitive, while East County is seeing softer price growth.

What This Means for Sellers

Home prices are still rising, making it a good time to sell.
Longer days on market mean proper pricing is crucial to avoid sitting too long.
North County San Diego homes are seeing strong demand, while Metro and South County markets are slightly slower.

Tips for Sellers:

Price competitively—overpricing may lead to extended time on the market.
Consider incentives like covering closing costs to attract more buyers.
Work with an expert to maximize exposure and get top dollar.

Looking Ahead in 2025

The San Diego real estate market remains strong with rising home values, but longer selling times and fluctuating sales activity suggest a more balanced market compared to previous years.

Key takeaways:
Home prices are still rising, especially in North County San Diego.
Houses are staying on the market longer, giving buyers more negotiating power.
New listings are increasing, making inventory more balanced.

For a free home valuation or personalized market strategy, reach out to DreamWell Homes Realty.

Realtors® Jean and Ken Tritle at DreamWell Homes Realty

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Email: jeanken@dreamwellhomes.com

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Source: January 2025 MarketWatch Report from North San Diego County REALTORS®, CRMLS.

Whether you’re downsizing, relocating, or searching for the perfect active adult community, we’re here to guide you every step of the way.

Call or Text: 760-798-9024

Email: jeanken@dreamwellhomes.com

Visit DreamWellHomes.com

Be sure to subscribe to our YouTube channel for community tours and market updates.

🔔 Subscribe to our YouTube Channel
👉 Follow Us on Facebook

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