San Diego’s real estate market continues to show resilience in 2025, with home values rising 3.3% year-over-year to an average of $1,020,394. The market remains competitive, with homes going pending in just 22 days on average.
Market Highlights
• Median Sale Price: $894,667
• Median List Price: $936,333
• For Sale Inventory: 2,284 homes
• New Listings (Feb 2025): 792 homes
• Sales Over List Price: 34.5%
While prices continue to rise, 51.8% of sales closed under the asking price, showing opportunities for buyers to negotiate.
Neighborhood Spotlight
San Diego’s housing values vary across different areas:
• Serra Mesa: $1,028,247
• Clairemont Mesa East: $1,013,350
• Tierrasanta: $1,097,768
• Grantville: $523,520 (a more affordable option)
Rental Market Trends
San Diego’s rental prices remain high, with the average rent at $3,025, compared to the national average of $1,980. Rent prices have increased 2.7% year-over-year, reflecting strong demand.
What This Means for Buyers & Sellers
The San Diego housing market continues to favor sellers, but buyers still have opportunities to find homes below list price. With rising rents and increasing home values, now may be a good time to buy before prices climb further.
Thinking of buying or selling in San Diego? Let’s connect to explore your options in this dynamic market!
