San Diego Housing Inventory Spikes: What the Latest Surge Means for You (Week Ending April 6, 2025)

by MATT O'BRIEN, REALTOR®

**Exterior view of townhomes in Mission Valley, San Diego – used for April 2025 market update.**

San Diego Housing Market Just Got a Lot More Competitive

Inventory surged this past week, with both detached homes and condos seeing major jumps in new listings. After a quieter start to spring, the San Diego market just flipped the switch.

Detached homes saw 50 more listings than the previous week. Condos and townhomes? Up 65—a big move that could open up more doors for buyers who’ve been waiting for the right fit. But this isn’t just about more choices. With inventory climbing and pending sales shifting, it’s clear the market is in motion.

Pending sales softened slightly this week, and it’s possible we’re seeing a temporary mix of spring break travel distractions and market hesitation following the tariff announcement last week. We’ll need to keep an eye on this over the next few weeks to see whether the dip was a blip from school breaks or a signal of growing uncertainty tied to jobs, stock performance, or economic policy changes.

Let’s break down what’s really happening…

Detached Homes – Market Snapshot

Detached home data for the week ending April 6, 2025. Source: San Diego MLS

Attached Homes (Condos & Townhomes) – Market Snapshot

*Condo and townhome data for the week ending April 6, 2025. Source: San Diego MLS*

Note: YoY data for inventory levels is not currently available and will be included in future updates once tracking is complete.

What This Means for You

For Buyers:
You’ve got more inventory to choose from—but don’t mistake that for a buyer’s market just yet. The best homes are still moving quickly. Detached homes are spending fewer days on the market, and sold prices remain elevated. If you’re ready, now is a great time to act while selection is on your side.

For Sellers:
More competition means pricing and presentation matter more than ever. The spike in listings doesn’t guarantee a sale—it highlights the need to stand out. Homes that are turnkey, priced well, and marketed correctly are still winning. Let’s make sure yours is one of them.

For Homeowners:
Seeing this kind of upward movement in prices and SP/SF—especially year over year—is a reminder of just how much equity growth has occurred. Whether you’re considering tapping into that equity or just staying informed, this is a great time to reevaluate your position.

Want to talk about how this affects your buying or selling plans?
Let’s connect. I’ll help you make sense of what’s shifting and what your next best step could be.