🚨 SAN DIEGO HOUSING MARKET SHIFTING! 🏡 PRICES UP, INVENTORY SURGING! (MARCH 2025 UPDATE) 📊

by MATT O'BRIEN, REALTOR®

🏡 San Diego Real Estate Market Update (03/10/25) – Prices Climb as Inventory Grows!

The San Diego housing market continues to evolve, with new inventory hitting the market and prices remaining strong. Here’s the latest 7-day market snapshot for buyers and sellers.

📊 Key Market Highlights (3/10/25):

✅ New Listings:

Detached Homes: 348
Attached Homes: 252

✅ Homes Under Contract:

Detached Homes: 248
Attached Homes: 147

✅ Homes Sold & Closed:

Detached Homes: 222
Attached Homes: 125

✅ Average Days on Market:

Detached: 32 days
Attached: 32 days

✅ Median Sold Price:

Detached Homes: $1,055,000 (+1.4% YoY)
Attached Homes: $730,000 (+9.8% YoY)

✅ Active Inventory Growth:

Detached Homes: 2,556 (+99 from last week)
Attached Homes: 1,854 (+90 from last week)

✅ Weeks of Inventory:

Detached Homes: 11.5 weeks
Attached Homes: 15 weeks

🏡 What This Means for Buyers & Sellers

📢 For Buyers:
The market is shifting, and more homes are becoming available! With inventory climbing, buyers have more options. However, competition remains, so getting pre-approved and working with a knowledgeable agent is still key.

📢 For Sellers:
Home values are holding steady, and demand remains strong. If you’re considering selling, now is a great time before the spring market heats up. Pricing correctly is crucial in this changing landscape!

📩 Thinking about buying or selling? Let's chat!