Jeff Davidson Group

San Diego, CA 92108

Condos/Townhomes

THE AGENCY | Bankers Hill / La Jolla


San Diego, CA 92108

Thu May 22 2025
This week the median list price for San Diego, CA 92108 is $594,000 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has increased to 100.

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

San Diego, CA 92108

Thu May 22 2025
This week the median list price for San Diego, CA 92108 is $594,000 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has increased to 100.

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Median List Price $594,000
Median Price of New Listings $609,000
Per Square Foot $653
Average Days on Market 58
Median Days on Market 42
Price Decreased 43%
Price Increased 0%
Relisted 14%
Inventory 100
Median Rent
Market Action 34
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$1,099,000 1,597 1 - 2.5 acres 3 2.5 7 1 0 35
$719,900 1,153 5 - 10 acres 2 2 33 2 1 42
$499,999 824 5 - 10 acres 2 1 48 2 3 35
$395,000 530 5 - 10 acres 1 1 48 1 3 49