eXp Realty's Market Report

San Diego, CA 92131

Single-Family Homes

Serving San Diego & Riverside Counties



San Diego, CA 92131

Thu Sep 21 2023
This week the median list price for San Diego, CA 92131 is $2,482,500 with the market action index hovering around 73. This is less than last month's market action index of 78. Inventory has decreased to 14. Click here to stay informed with the San Diego market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

San Diego, CA 92131

Thu Sep 21 2023
This week the median list price for San Diego, CA 92131 is $2,482,500 with the market action index hovering around 73. This is less than last month's market action index of 78. Inventory has decreased to 14. Click here to stay informed with the San Diego market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the San Diego market.
Median List Price $2,482,500
Median Price of New Listings $2,050,000
Per Square Foot $620
Average Days on Market 52
Median Days on Market 42
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 14
Median Rent
Market Action 73
Strong Seller's Market

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,145,000 4,968 0.25 - 0.5 acre 5 5.5 11 0 0 77
$2,800,000 4,450 0.25 - 0.5 acre 5 5.5 16 1 0 56
$2,362,500 4,205 0.25 - 0.5 acre 5 4.5 14 0 2 38
$1,529,500 2,462 6,500 - 8,000 sqft 4 2.8 37 1 4 24