06/08/2026
San Diego market update
The market is not crashing.
Itās not exploding.
Itās doing that very San Diego thing where it stays expensive and makes everyone emotionally process a $900,000 median price like itās normal.
Hereās the reality:
Pending sales are up 2.9%
Closed sales are basically flat, up 0.6%
Median price is still $900,000
Homes are taking longer to sell, now averaging 40 days
Sellers are getting about 97.6% of their original list price
Inventory is down overall, but condos and townhomes have more options
Translation?
Buyers: you may have more negotiating room than you think, especially on homes that are sitting.
Sellers: you still have leverage, but only if your price is based on reality and not your neighborās delusion from 2021.
This is not a lazy market.
Itās a picky one.
And picky markets reward strategy.
Thinking about buying or selling in San Diego this year? Comment MARKET and Iāll send you a quick breakdown of what this means for your specific situation.
Source: Greater San Diego Association of REALTORSĀ® / San Diego MLS, June 2026 Housing Report