San Diego Real Estate Market Update – Spring Momentum Builds | Week Ending March 23, 2025

by MATT O'BRIEN, REALTOR®

San Diego County real estate market update as of March 24, 2025, featuring a scenic Tierrasanta view and highlighting rising inventory and home prices. — San Diego real estate is gaining momentum, especially in communities like Tierrasanta, with higher prices and growing inventory. Here’s what’s happening this week.

As we step into the spring season, the San Diego housing market is showing clear signs of momentum. Inventory is rising, buyer demand is steady, and home prices continue to climb in many areas across the county.

Whether you’re a homeowner considering listing this season or a buyer waiting for the right opportunity — the latest numbers can help guide your next move.

🏠 Detached Homes in San Diego County

New Listings: 402 (↑ from last week)
Pending Sales: 297 (slight dip from last week)
Average Days on Market: 35 (5 days faster)

🔍 Closed Sales Snapshot

288 homes sold this week
That’s 65 more than the 4-week average and 10 more than the same week in 2024

💵 Detached Home Prices

Median Sold Price: $1,137,537 (↑ 8.9% YoY)
Median Price per SqFt: $609.28 (↑ 3.6% YoY)
Active Inventory: 2,632 (11% higher than the 4-week average)

🏢 Condos & Townhomes in San Diego

New Listings: 274 (↑ from last week)
Pending Sales: 179 (↑ from last week)
Average Days on Market: 42 (flat)

🔍 Closed Sales Snapshot

132 units sold this week
Almost even with the 4-week average (133)
Down 46 units compared to the same week last year

💵 Attached Home Prices

Median Sold Price: $695,000 (↑ 3% YoY)
Median Price per SqFt: $609.73 (▼ 0.2% YoY)
Active Inventory: 1,949 (14% above the 4-week average)

🔎 What This Means for Buyers & Sellers in San Diego

More inventory means more options — but also more competition.

Sellers: With demand heating up and prices holding strong, spring remains one of the most strategic times to list.
Buyers: You’ll have more choices, but expect homes to move quickly. Being prepared with financing and a sharp strategy can make the difference.

📲 Ready to Make a Move?

Whether you’re planning to buy or sell in San Diego this spring, I’m here to help guide you through it with expert insight, personal care, and a plan that works for you.