📊SAN DIEGO HOUSING UPDATE WEEK ENDING MAY 11, 2025: INVENTORY SOARS — DETACHED PRICES LEAP WHILE ATTACHED HOMES DIP
San Diego Housing Market Update – Week Ending May 11, 2025
The San Diego real estate market continues to show signs of transition. New listings and pending sales pulled back slightly this week, while active inventory kept rising. For buyers, opportunities are quietly expanding. For sellers, strategic pricing and presentation are more important than ever.
Let’s take a closer look at the latest numbers:
🏠 Detached Homes – Weekly Snapshot
New listings, pending sales, closed sales, active inventory, weeks of inventory, median sold price, and median $/SF for detached homes across San Diego County.
✍️ Detached Homes Summary
Detached inventory continued climbing this week, up 1.6% to 3,308 homes. Weeks of inventory rose to 13.5 weeks, offering buyers a broader range of options compared to earlier in the year.
New listings pulled back 25% from last week, while pending sales dipped 10%. The median sold price increased to $1,170,000, up 12% week-over-week and 11% compared to the same week last year.
The median sold price per square foot for detached homes came in at $601.10 — relatively steady compared to the recent 4-week average.
Overall, the detached market is gradually tilting toward a more balanced environment, with price gains holding steady but inventory gains outpacing demand.
🏢 Attached Homes (Condos/Townhomes) – Weekly Snapshot
New listings, pending sales, closed sales, active inventory, weeks of inventory, median sold price, and median $/SF for condos and townhomes across San Diego County (note: $/SF was lifted by several high-end condo closings this week).
✍️ Attached Homes Summary
The attached market (condos and townhomes) showed some mixed signals.
New listings rose 7.5%, but pending sales and closed sales both declined.
Inventory continued to build, with 2,322 active units and 18 weeks of inventory — much higher than last year at this time.
The median sold price for attached homes settled at $685,000, up nearly 8% year-over-year.
While the median price per square foot also increased this week, it’s worth noting that several higher-end attached properties closed during this period, which temporarily lifted the price per square foot above typical trend lines.
Buyers looking for attached properties will find more choices and, in some cases, better negotiation opportunities compared to the tighter conditions of the past few years.
📌 What This Means for You
For Buyers:
Inventory is building across both detached and attached markets. With slightly longer market times and a wider range of listings available, buyers may find better opportunities — especially those willing to move quickly when the right property appears.
For Sellers:
Strategic pricing is key. While home values remain strong overall, buyers have more leverage today than they did a year ago. Proper preparation and pricing strategies can still lead to successful sales, but the margin for error is shrinking.
For Homeowners:
Home values have continued to hold strong year-over-year. If you're planning to sell later this year or even next, keeping an eye on local supply levels will be important — trends are shifting more toward a balanced market, and timing may matter.
💡 Pro Tip
If you're thinking about selling, small updates and professional preparation are becoming even more critical. Buyers now have options — the best-presented homes still stand out and secure top offers.
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