Jeff Davidson Group

San Diego, CA 92108

Condos/Townhomes

THE AGENCY | Bankers Hill / La Jolla



San Diego, CA 92108

Sat Apr 05 2025
This week the median list price for San Diego, CA 92108 is $599,000 with the market action index hovering around 39. This is less than last month's market action index of 41. Inventory has increased to 75.

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

Sat Apr 05 2025
This week the median list price for San Diego, CA 92108 is $599,000 with the market action index hovering around 39. This is less than last month's market action index of 41. Inventory has increased to 75.

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 $599,000
Median Price of New Listings $689,975
Per Square Foot $670
Average Days on Market 56
Median Days on Market 35
Price Decreased 35%
Price Increased 0%
Relisted 17%
Inventory 75
Median Rent
Market Action 39
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
$1,305,500 1,976 1 - 2.5 acres 3 2.8 6 4 4 49
$699,000 1,187 1 - 2.5 acres 2 2 33 2 2 42
$485,000 726 5 - 10 acres 1 1 48 1 1 28
$399,000 604 10 - 20 acres 1 1 48 3 1 35