San Diego’s Spring Thaw: Pending Sales Jump 18% as Market Velocity Climbs
San Diego’s Spring Thaw: Pending Sales Jump 18% as Market Velocity Climbs
February 15, 2026
Was love in the air this past Valentine’s Day? If you look at the San Diego housing market data for the week ending February 15, the answer is a resounding "yes." It seems buyers have fallen back in love with the idea of a new home, as we hit the midpoint of February with a notable burst of activity.
While much of the national conversation remains centered on broader economic shifts, our local data shows a clear trend: buyers are back, and they are acting with increasing urgency. We are seeing a significant uptick in Newly Pending sales across both detached and attached sectors, outstripping the growth in new inventory.
🏠 DETACHED HOMES
The detached market saw a major jump in contract activity this week, with Newly Pending sales surging 18% over last week and sitting 25% higher than this same time last year. This isn't just a weekly blip: the 4-week rolling average for pending sales is also up 18%, confirming a sustained increase in buyer appetite.
Inventory is trying to keep pace, with New Listings up 7.9% this week. However, with sales outperforming new supply, our Weeks of Inventory remains tight at just 12 weeks.
Perhaps most telling is the velocity of the "Fresh" market. Currently, 37.6% of all pending detached homes went under contract in less than 14 days. These fresh listings command a median asking price of $1,049,900, notably higher than the broader pool. In San Diego, if a home is priced right, it is often gone before the second open house.
Despite weekly volatility, the 4-week rolling average sold price currently sits at $1,096,025—a slight 5.8% dip from the previous 4-week period, offering a narrow window of opportunity for buyers before spring competition fully ignites.
🏢 ATTACHED HOMES
The attached sector is experiencing an even more dramatic shift in speed. The Median Days on Market plummeted to just 23 days, down from 34 last week. This pace is almost identical to last year's 24-day median, proving that entry-level market efficiency has fully returned to 2025 levels.
Newly Pending sales rose 18% week-over-week, but New Listings actually ticked down slightly by 0.43%. This supply mismatch drove Newly Sold counts up a staggering 35% this week as buyers scrambled for the limited inventory.
The attached 4-week rolling average sold price stands at $626,625, a 6.9% increase over the previous 4-week average. For "Fresh" attached listings, nearly 22% of new contracts were signed within 14 days, with a median speed of just 6 days.
💡 What This Means For You
🛒 For Buyers
The "fresh" stock you want is moving in less than two weeks. With mortgage rates stabilizing (check Mortgage News Daily), competition is increasing. Have your pre-approval ready and be prepared to move fast.
🏷️ For Sellers
Market velocity is your friend. Detached homes are fetching strong prices when hit as "fresh" inventory. For condo owners, the drop in Days on Market suggests hunger for your inventory is matching last year's heights.
🪺 For Homeowners
Equity remains robust. While detached prices saw a slight 4-week dip, the overall trend remains strong compared to historical norms, and the attached market is climbing.
📈 For Investors
The attached market's 6.9% rolling average price rise shows significant momentum. With inventory staying flat, rental demand and resale value for smaller units remain high-probability plays in San Diego.
📞 Ready to Make Your Move?
The San Diego market waits for no one. Whether you are looking to catch the early spring wave or want a detailed valuation of your home, I'm here to provide the data-driven guidance you need to win.
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