San Diego Real Estate Market Issue 26-W33
Are San Diego Home Prices Going Up?
July’s numbers point to an active San Diego market without the frenzy of prior years.
$1.233M
Average sale price
+3.0% year over year
4,422
Closed transaction sides
+8.0% year over year
31 days
Average time in MLS
Unchanged year over year
3.0 mo.
Inventory supply
-30.2% year over year
Is the San Diego housing market going up or down?
The latest countywide data indicates a steady, active market—not a broad downturn. July’s average sale price reached $1,232,971 while closed transaction sides rose 8.0% from last year.
July average sale price
Residential single-family homes, condominiums and townhomes.
How competitive is the San Diego real estate market?
Inventory contracted from 4.3 months to 3.0 months year over year. That level generally favors sellers, yet an average of 31 days in the MLS gives buyers more time to evaluate value than during the peak bidding-war years.
Is now a good time to buy?
That depends on the property and your financial plan—not a headline alone. With limited supply, be prepared before the right La Jolla or San Diego home appears. Compare recent neighborhood sales and evaluate solar, efficient windows, insulation and modern systems for their long-term ownership value.
Is now a good time to sell?
Rising transaction volume and tighter inventory are encouraging, but buyers remain selective. Accurate pricing, sophisticated presentation and a strong digital launch matter. Desirable locations, thoughtful renovations and documented green features can help a home stand apart.
California's average 30-year fixed mortgage rate was 6.49% in June 2026, compared with 6.82% one year earlier, according to the California Association of REALTORS®. Mortgage pricing changes frequently. In every purchase conversation, I recommend checking with local credit unions because their rates and fees can be very competitive. Qualified buyers may also want to ask a licensed lender to compare a 5/5 adjustable rate mortgage and a 7 year ARM with a fixed rate loan. These options can increase initial buying potential, but future rate adjustments and long term costs should be reviewed carefully.
Experienced, real estate and finance data-driven guidance
Your next move deserves a personal strategy.
Every San Diego neighborhood tells a different story. Let’s discuss your real estate goals.
Sources: CRMLS InfoSparks San Diego County reports—July Average Sales Price, Total Closed Transaction Sides, Inventory Months Supply and Average Days Active in MLS—reported August 10, 2026; California Association of REALTORS® June 2026 Home Sales and Price Report. County figures include single-family homes, condominiums and townhomes. Average price can be influenced by the mix of homes sold. Information is deemed reliable but not guaranteed and is for general informational purposes only.
