A Surge in Activity: San Diego Buyers Are Back in the Game

by Matt O'Brien

A Surge in Activity: San Diego Buyers Are Back in the Game

San Diego Housing Market Update – Week Ending November 9, 2025

A "For Sale" sign in motion blur being hammered into the yard of a San Diego home, symbolizing a sudden surge in housing market activity for November 2025. — This week's data shows a sharp increase in buyer activity across San Diego County.

For weeks, the San Diego housing market has felt like it's been holding its breath. This week, it finally exhaled.

The big story isn't a volatile, one-week price swing; it's a clear and significant surge in buyer activity. We saw a major jolt in the number of homes going into escrow (pending sales). This is the leading indicator I watch most closely, and it tells us exactly what buyers are doing right now.

Detached home pendings jumped 5% week-over-week.
Attached home (condo/townhome) pendings spiked 9.6%.

This is happening because buyers are responding to a window of opportunity. Mortgage rates are hovering near their 2025 lows (around 6.22% nationally), and inventory, while shrinking, is still far higher than last year. This combination has pulled a wave of buyers off the sidelines. And notably, our local surge is bucking the national trend. The latest data for the Western U.S. shows pending sales down 5.3% year-over-year [NAR.Realtor], while our market is clearly heating up.

Let's dive into the data.

🏠 DETACHED HOMES – Week Ending 11/09/25

A data chart showing San Diego County detached home market statistics for the week ending November 9, 2025. Key metrics show new listings at 331, pending sales at 251, and active inventory at 2,998, which is up 12% year-over-year.

Data for San Diego County detached single-family homes. Source: SDMLS | Analysis by Matt O'Brien, Realtor.

The data for detached homes shows a classic "heat-up." The 5% jump in pending sales is the engine. It's pulling on inventory (which is down nearly 1% from last week) and, most importantly, it's making homes sell faster. The Median Days on Market dropped by 5 days to just 19.

This new demand is directly impacting prices in a stable, measurable way. Using our 4-week rolling average to smooth out any weekly noise, we see the current average sold price is $1,034,375. This is 2.0% higher than the previous 4-week period, confirming a solid upward trend. Interestingly, this new average is still about 3.0% lower than the same period last year, suggesting that buyers are finding value compared to 2024's peak.

🏢 ATTACHED HOMES (Condos/Townhomes) – Week Ending 11/09/25

A data chart summarizing the San Diego County attached home market for the week ending November 9, 2025. Key metrics show new listings at 232, pending sales at 126, and active inventory at 2,380, a 32% increase from the previous year

Data for San Diego County attached homes (condos/townhomes). Source: SDMLS | Analysis by Matt O'Brien, Realtor.

The attached market story is even more dramatic. A 9.6% spike in pending sales is a massive move for one week. This is happening even as inventory for attached homes is up 32% compared to last year. Buyers are seeing more choices, and they are jumping on them.

Just like in the detached market, this demand is creating speed: the Video **Median Days on Market plummeted by 8 days**. The price trend confirms this. The 4-week rolling average price for attached homes has ticked up 1.0% to $673,862 over the prior 4-week period. And while this is also just slightly (1.0%) below last year's average, the underlying strength is there.

💡 What This Means for You

This week’s data is a snapshot of a market in motion. The leading indicators (pending sales, days on market) are all pointing toward a hotter, faster-paced fall than many expected.

For Buyers 🎯

This is your wake-up call. The "wait-and-see" approach has paid off, allowing inventory to build and rates to stabilize. However, this week proves that thousands of other buyers were waiting right alongside you. The 9.6% jump in condo pendings means competition is back. The good news? Inventory is still up 32% from last year in that category. You have more choices, but you need to be ready to act.

For Sellers 💰

This is the signal you've been waiting for. The surge in pending sales is the ultimate proof that qualified buyers are in the market and writing offers. The fact that homes are selling 5-8 days faster than just last week is your best friend. The rolling 4-week price average is climbing, showing that this new demand is supporting higher prices right now. If you were on the fence about listing, this is a clear window of opportunity.

For Homeowners 🏡

Relax and enjoy the equity. This week's data is a powerful reminder of the long-term strength of the San Diego market. Even with prices settling slightly below last year's frenzy, the underlying demand confirms your home is a powerful asset.

📞 Ready to Make Your Move?

This market is complex, and these trends are changing by the week. Answering your personal questions requires more than just charts; it requires a strategy. If you're thinking about buying, selling, or just want to understand your home's new value in this active market, I'm here to help.

Click the button below to get in touch and let's build your plan.

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