The real estate market in San Diego County continues to evolve in 2025, with notable trends emerging that impact both buyers and sellers. Are home prices still climbing? How competitive is the market? Let’s dive into the latest numbers and insights.
📊 San Diego County Market at a Glance (February 2025)
✅ Median Sales Price: $1,050,000 (+5.5% YoY)
✅ Average Sales Price: $1,394,608 (+2.1% YoY)
✅ New Listings: 1,655 (+4.3% YoY) – More options for buyers!
✅ Closed Sales: 1,009 (-9.7% YoY) – Fewer transactions compared to last year.
✅ Days on Market: 31 days (+24% YoY) – Homes are taking slightly longer to sell.
✅ Percent of List Price Received: 99.6% (-0.9% YoY) – Sellers are still receiving near full asking price!
✅ Inventory of Homes for Sale: 2,636 (+6.2% YoY)
While home prices continue to rise, the increase in inventory and longer days on market suggest a more balanced market compared to last year.
📍 Market Breakdown by Region
The market dynamics vary by region, with some areas seeing price gains while others show a slight decline.
Metro San Diego County
✔ Median Sales Price: $1,010,000 (+9.1% YoY)
✔ Days on Market: 28 days (+7.7% YoY)
✔ Closed Sales: 519 (-7.7% YoY)
🏡 Insight: Prices in Metro San Diego continue to grow due to strong demand, but slightly longer days on market suggest that buyers are becoming more selective.
North San Diego County
✔ Median Sales Price: $961,250 (+1.2% YoY)
✔ Days on Market: 35 days (+34.6% YoY)
✔ Closed Sales: 675 (-11.6% YoY)
🏡 Insight: North County remains a desirable location, but sales have slowed, and days on market have increased significantly. This shift gives buyers more leverage to negotiate.
South San Diego County
✔ Median Sales Price: $761,300 (-5.8% YoY)
✔ Days on Market: 29 days (+38.1% YoY)
✔ Closed Sales: 124 (-19.5% YoY)
🏡 Insight: South County is experiencing some price corrections, making it more affordable for buyers. If you’ve been waiting for better pricing, now might be the time to explore opportunities.
East San Diego County
✔ Median Sales Price: $770,000 (+2.7% YoY)
✔ Days on Market: 35 days (+45.8% YoY)
✔ Closed Sales: 248 (-15.9% YoY)
🏡 Insight: East County’s affordability continues to attract buyers, but with homes staying on the market longer, sellers may need to adjust expectations or offer incentives.
📝 Key Takeaways for Buyers and Sellers
📈 Sellers: Pricing and Presentation Matter More Than Ever!
- Homes are still selling at strong prices, but the days of bidding wars may be cooling off in some areas.
- Expect negotiations, especially in regions where inventory has grown.
- Proper home staging and pricing strategy will be key to attracting serious buyers quickly.
🏡 Buyers: More Choices, Less Urgency!
- Inventory is growing, giving buyers more negotiating power.
- Homes are sitting longer, which means less pressure to act immediately.
- However, prices are still rising in many areas, so waiting too long may still cost you.
🔮 What’s Next for San Diego’s Housing Market?
🔹 Spring 2025 could bring increased competition as more buyers re-enter the market.
🔹 Mortgage rates will play a significant role in shaping demand.
🔹 Sellers who price correctly and prepare their homes well will have the best success.
📞 Ready to Buy or Sell? Let’s Talk!
🏠 Are you thinking of buying or selling in San Diego County?
Get expert insights and guidance from Ken Tritle at DreamWell Homes Realty!
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
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