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San Diego County Housing Summary
- INVENTORY: The active listing inventory over the past couple of weeks decreased by 140 homes, down 2%, and now stands at 6,134, its largest drop of the year. Last year, there were 4,628 homes on the market, 1,506 fewer homes, or 25% less. The 3-year average before COVID (2017-2019) was 7,080, which is 15% higher. From January through August, 26% fewer homes came on the market compared to the 3-year average before COVID (2017-2019), 9,992 fewer. Yet, 3,610 more sellers came on the market this year than last, and 8,361 more compared to 2023—search homes.
- DEMAND: Buyer demand, the number of pending sales over the prior month, rose from 1,905 to 1,865, down 40 pending sales, or 2%. Last year, there were 1,774 pending sales, 5% less. The 3-year average before COVID (2017-2019) was 3,054, which is 64% higher.
What's Your Home Worth
- MARKET TIME: With supply and demand falling at a similar pace, the Expected Market Time, the number of days to sell all San Diego County listings at the current buying pace, remained unchanged at 99 days in the past couple of weeks. Last year, it was 78 days, substantially faster than today. The 3-year average before COVID (2017-2019) was 70 days, which is also significantly faster than today.
How long will it take to sell your home?
- LUXURY: In the past two weeks, the Expected Market Time for homes priced between $2 million and $4 million increased from 131 to 136 days. For homes priced between $4 million and $6 million, the Expected Market Time increased from 215 to 229 days. For homes priced above $6 million, the Expected Market Time increased from 620 to 694 days.
- DISTRESSED HOMES: Short sales and foreclosures combined, comprised only 0.7% of all listings and 0.7% of demand. Only 13 foreclosures and 33 short sales are available today in San Diego County, with a total of 46 distressed homes on the active market, up five from two weeks ago. Last year, 14 distressed homes were on the market, fewer than today.
- CLOSED SALES: There were 2,058 closed residential resales in July, down 7% compared to July 2024’s 2,219 and up 2% from June 2025. The sales-to-list price ratio was 98.2% for San Diego County. Foreclosures accounted for 0.2% of all closed sales, and short sales accounted for 0.2% of all closed sales. That means that 99.6% of all sales were made by sellers with equity.
Copyright 2025—Steven Thomas, Reports On Housing—All Rights Reserved. This report may not be reproduced in whole or in part without express written permission from the author.
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