San Diego County Real Estate Market Update – March 2025: What Buyers and Sellers Need to Know - DreamWell Homes | San Diego Realtors®

March 2025 San Diego County Real Estate Market Report

🏡 San Diego County Real Estate Market Update – March 2025

Spring has officially arrived—and with it comes a fresh pulse in the San Diego County housing market. Whether you’re planning to buy, sell, or simply stay informed, the latest data offers a revealing snapshot of where we are and where we might be headed.

📊 At a Glance – San Diego County (All Areas Combined)

Median Sales Price: $906,000 (+3.4% year-over-year)
Percent of Original List Price Received: 98.6% (-1.7%)
Average Days on Market: 29 days (+20.8%)
Closed Sales: 1,852 (-8.7%)
Homes for Sale: 775 (+13.3%)
Months Supply of Inventory: 2.4 months (+9.1%)

🔍 What This Means for Sellers

San Diego home values are still climbing—up 3.4% year-over-year countywide—showing the market remains strong, particularly in more central and coastal areas. However, a few signals suggest a subtle shift:

Homes are taking longer to sell (up to 29 days on average)
Buyers are negotiating a bit more, with sellers receiving slightly below their asking price on average

➡️ If you’re a seller: Pricing your home competitively and preparing it for market (think staging, curb appeal, and professional photography) is more important than ever. The good news? Demand is still strong—especially for turnkey properties in sought-after neighborhoods.

🔍 What This Means for Buyers

There’s good news here too: inventory is growing, up 13.3% since last year. That means more choices and less of the cutthroat competition we’ve seen in past years.

➡️ If you’re a buyer: You now have more time and options, but home prices continue to rise gradually—waiting too long could cost more down the line. With a healthy but less frantic market, this is an ideal moment to negotiate favorable terms without the pressure of bidding wars.

🌍 Regional Highlights

Metro San Diego led price growth with a 9.3% increase, bringing the median home price close to $1 million
North San Diego County remains steady at $985,000 (+1.0%), reflecting a balanced market
East County saw moderate growth at 2.8%, with a median price of $781,500
South County saw a slight price dip (-1.8%), though homes still sold quickly at 99.3% of asking price

This regional variety means hyper-local expertise matters—the difference between a great deal and a missed opportunity often comes down to understanding neighborhood-level trends.

💬 Final Thoughts

San Diego’s housing market remains resilient. While we’re not in the high-speed, multiple-offer frenzy of the pandemic boom, both buyers and sellers now operate in a healthier, more balanced environment.

If you’re thinking of making a move this spring, it’s time to connect. Whether you’re upsizing, downsizing, relocating, or investing—having a real estate expert on your side can help you make smart, confident decisions.