San Diego Housing Market Report- October 14th 2025

🏙️ San Diego Real Estate Market Round-Up – October 2025

The San Diego housing market continues to show signs of seasonal cooling — but this month’s data brings a few surprises. Let’s dig into what’s happening right now with prices, inventory, and interest rates across the county.

📊 Weekly Snapshot (October 3–9, 2025)

(Source: SDAR and Mortgage News Daily)

Inventory levels took a slight pause from their recent decline, while most other indicators remain consistent with prior weeks. In other words — the fall market is behaving exactly how we’d expect it to.

🏠 Monthly Market Data – September 2025 vs. 2024

(Source: SDAR and FRED Economic Data)

Detached median prices dipped roughly 5% from August’s $1,075,000 mark, and are now down 2.8% year-over-year. Attached (condo/townhome) prices, however, showed more stability — only down slightly month-over-month but still up over 3% from last September.

📈 The Trend Line Tells the Real Story

Median prices can be noisy, which is why I always prefer to look at the median price per square foot. This gives a clearer, more consistent picture of value changes across time.

Here’s what the last 3 years look like for that metric (blue = detached, orange = attached, green = all combined):

As of September, both detached and attached home values have slowed their declines — exactly as predicted after rates dipped below 6.5%. Sale-to-list ratios also rebounded slightly, signaling price declines may be nearing a floor.

The % sale price to original list price metric also points to a slowing down of price declines in the future, as it bounced off the bottom in September.

🏦 Market Takeaways & Outlook

Here’s what I (Wesley) am seeing in the San Diego market right now:

• Mortgage rates are holding steady between 6.25% and 6.50% — with no strong signals for a major move either way in the short term.
• Affordability improved slightly, reaching its best level since early 2024. Still challenging, but progress nonetheless.
• Months of supply is back under 3 months, keeping us in a mild seller’s market, though buyers are gaining leverage in negotiations.

📅 My Forecasts

• 3-month outlook (Dec 2025): Expect mild price dips as seasonal slowdowns take hold and sellers make concessions.
• 6-month outlook (Mar 2026): Modest recovery from Q4 declines, but still down 1–3% year-over-year.
• 12-month outlook (Sep 2026): Market stabilizes — slightly down 2–4% year-over-year. Buyers retain control.

🏡 Buyer & Seller Strategy Corner

If you’re considering a move — whether upgrading, downsizing, or relocating within San Diego — timing and strategy are everything right now. With rates holding steady and inventory still limited, there’s a sweet spot emerging for both buyers and sellers who act strategically.

Looking to explore options in the heart of the city? 👉 View Downtown San Diego Condos for Sale

Want a personalized plan to buy and sell at the same time? 👉 Schedule a Meeting with My Team

Or if you’re ready to browse everything San Diego has to offer, start your search here: 👉 Search All San Diego Homes for Sale

💡 Final Thoughts

Even as the market cools seasonally, San Diego remains one of the most resilient real estate markets in the country. Homeowners still hold strong equity positions, while buyers finally have more negotiating power. As we move deeper into fall, expect motivated sellers, value-driven buyers, and plenty of opportunity for those who act smartly.