San Diego Housing: Why This "Holiday Slowdown" Feels Different

by Matt O'Brien

San Diego Housing: Why This "Holiday Slowdown" Feels Different

Week Ending November 23, 2025 Cozy San Diego living room interior at golden hour with a laptop displaying housing charts, representing the holiday real estate market analysis.

As the holidays approach, San Diego's market shows a clear split between detached and attached home trends.

Is the Market Slowing Down or Just Taking a Breath?

Usually, this time of year is predictable. Everyone pauses for Thanksgiving, listings drop, and the market goes quiet. But this week, the numbers are telling us two different stories.

If you are looking for a detached home, the "holiday script" is playing out exactly as expected: fewer options and firm prices. But if you are shopping for a condo or townhome, something surprising is happening—there is a sudden pop in fresh inventory.

Here is what you need to know for the week ending November 23, 2025.

🏠 DETACHED HOMES: Harder to Find, Costs a Bit More

San Diego County Detached Homes Market Statistics for the week ending November 23, 2025. The chart shows New Listings at 233 (down 11%), Newly Pending Sales at 220 (up 1.9%), Active Inventory at 2,823 (down 4.2%), and a Median Sold Price 4-Week Rolling Average of $1,050,625 (up 3.7% year-over-year).

Data for San Diego County detached single-family homes for the week ending November 23, 2025. Source: SDMLS | Analysis by Matt O'Brien, Realtor

Sellers are busy with holiday plans, so fewer homes are hitting the market. But the buyers who are still looking are serious, and that is keeping prices strong.

Listings are Dipping: New listings dropped 11% from last week (down to 233 homes). This is normal for late November.
Prices are Steady: The 4-Week Rolling Average for sold prices is now $1,050,625.
Year-Over-Year Strength: When we compare this to the same 4-week period last year, prices are actually up about 1.5% (from $1,035,438 last year). Even with fewer sales happening, values are holding slightly higher than they were a year ago.
Moving Fast: Homes are selling in just 28 days on average. If a house is good, it isn't sitting.

🏢 ATTACHED HOMES: A Real Spike in Choices

San Diego County Attached Homes Market Statistics for the week ending November 23, 2025. The chart shows New Listings at 189 (up 16% week-over-week and 32% year-over-year), Newly Pending Sales at 116 (down 11%), Active Inventory at 2,290 (up 28% year-over-year), and a Median Sold Price 4-Week Rolling Average of $678,800.

Data for San Diego County attached homes for the week ending November 23, 2025. Source: SDMLS | Analysis by Matt O'Brien, Realtor

Here is where things get interesting. While single-family homes are disappearing, condos and townhomes are showing up in higher numbers.

A "Fake" Spike? No, It’s Real: New listings jumped 16% this week (to 189 units). Part of this looks big because last week was abnormally low (only 163 listings).
The Bigger Picture: Even though 189 listings is a jump from last week, it is actually still lower than the 4-week average of 205. So, we aren't flooded with homes, but we are seeing a bounce back.
Comparing to Last Year: This is the important part. Last year at this time, we only saw 143 new listings (which was a very low week). That makes today’s numbers look like a huge 32% jump. But even if we smooth it out and compare the 4-week averages, supply is still up about 20% compared to last year. Bottom line: Condo buyers have way more options today than they did in 2024.
Prices: The 4-Week Rolling Average for sold prices is $678,800, which is down slightly (-2.8%) from recent weeks.

💡 What This Means For You

🛒 For Buyers

House Hunters: You have to be quick. There are fewer homes coming up (-11%), and prices are slightly higher than last year. If you see something you like, don't wait.
Condo Buyers: You have the advantage. There are significantly more units for sale now than there were a year ago. Use this extra supply to your benefit—take your time and see if you can negotiate a better deal.
Interest Rates: Rates have stayed relatively flat in the mid-6% range. While not perfect, this stability makes it easier to plan your monthly payment. (Check current rates at Mortgage News Daily).

💰 For Sellers

Single-Family Homes: You have very little competition right now. If your home is ready to show, the buyers out there are motivated and ready to move.
Condo Owners: You need to price your home carefully. There are more sellers competing for buyers than there were last year. To get top dollar, your home needs to look its best.

🪺 For Homeowners

Your Value: It is good news. Despite the high rates and slow season, home values are hanging tough. The data shows that owning real estate in San Diego continues to be a solid bet for building wealth.

📞 Ready to Make Your Move?

Whether you are looking to secure a home before the holidays or planning your strategy for early 2026, you need a guide who understands exactly what is happening in your specific neighborhood.

Let's look at your local numbers and build a plan that works for you.

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