Your Local Market Report

San Diego, CA 92123

Single-Family Homes



San Diego, CA 92123

Tue Jul 16 2024
This week the median list price for San Diego, CA 92123 is $1,135,000 with the market action index hovering around 78. This is an increase over last month's market action index of 76. Inventory has decreased to 13. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

San Diego, CA 92123

Tue Jul 16 2024
This week the median list price for San Diego, CA 92123 is $1,135,000 with the market action index hovering around 78. This is an increase over last month's market action index of 76. Inventory has decreased to 13. 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

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the San Diego market.
Median List Price $1,135,000
Median Price of New Listings $1,135,000
Per Square Foot $829
Average Days on Market 44
Median Days on Market 28
Price Decreased 46%
Price Increased 8%
Relisted 15%
Inventory 13
Median Rent
Market Action 78
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$1,425,000 1,918 0.25 - 0.5 acre 4 3 44 0 2 49
$1,199,999 1,450 6,500 - 8,000 sqft 3 2 64 1 0 7
$1,075,000 1,545 4,500 - 6,500 sqft 3 2 65 2 0 35
$985,000 1,109 6,500 - 8,000 sqft 3 2 66 0 3 21