Where Home Prices Sit Right Now (November Update)

Hey everyone! I hope you're easing into the holidays and had a great Thanksgiving! Just letting you know that San Diego’s real estate market is doing something it hasn’t done in a while: it’s holding steady.

📉 Prices Have Barely Moved All Year

October’s median sales price on condos and townhomes came in at $860,000, down slightly from September’s $875,000.
All of 2025 has basically bounced between $860k–$890k, only a ~3% swing.

Single-family homes tell the same story:

  • October: $1,010,000

  • September: $1,020,000

Almost identical to where we were a year ago.

📦 More Inventory Than 2024 → Longer Time on Market

Inventory has dipped a bit heading into the holidays (totally normal), but we’re still ahead of 2024.

That’s why we’re seeing homes sit longer:

  • 44 days on market, up 18.9% from last year.

Homes are selling … just at a calmer pace.

Despite all market factors, the number of sales has still remained pretty consistent since 2023.

🏡 What This Means Heading Into 2026

With mortgage rates hanging in the low 6% range and the usual holiday slowdown, we’re likely to stay on this steady, slow-moving path for the rest of the year.

For buyers:
You’ve got more room to negotiate and compare options. It’s not the chaos of 2021–2022.

For sellers:
Pricing and presentation matter more than ever. But serious buyers are still out there.

💬 Thinking About a Move? Just Curious? I’ve Got You.

If you’re considering buying, selling, or just want a quick pulse check on your home’s value, reach out any time. I’m always happy to help make sense of this market and plan your next step … And your referrals are always appreciated!

 Feel free to give me a call 760.807.7113 or just click here to send me an email: [email protected]

Best,

NS