Your Local Market Report

San Diego, CA 92131

Single-Family Homes



San Diego, CA 92131

Fri Oct 18 2024
This week the median list price for San Diego, CA 92131 is $1,787,000 with the market action index hovering around 46. This is less than last month's market action index of 55. Inventory has decreased to 28. 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 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 92131

Fri Oct 18 2024
This week the median list price for San Diego, CA 92131 is $1,787,000 with the market action index hovering around 46. This is less than last month's market action index of 55. Inventory has decreased to 28. 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 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

Never miss important changes in the San Diego market.
Median List Price $1,787,000
Median Price of New Listings $2,100,000
Per Square Foot $718
Average Days on Market 48
Median Days on Market 42
Price Decreased 57%
Price Increased 4%
Relisted 18%
Inventory 28
Median Rent
Market Action 46
Strong Seller's Market

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
$2,395,000 3,553 0.25 - 0.5 acre 5 4 23 2 1 21
$1,900,000 2,774 6,500 - 8,000 sqft 4 2.5 29 1 2 63
$1,595,000 2,320 4,500 - 6,500 sqft 3 2.5 43 0 1 63
$1,450,000 1,850 4,500 - 6,500 sqft 4 2.5 40 2 3 7