Inventory in San Diego County has ticked up slightly in recent months, reaching 8,959 active listings in July. New listings dipped a bit from June and are down slightly compared with last year, suggesting sellers are not flooding the market. Homes sold are up more than 8 percent year over year, showing that buyers are still absorbing available supply.
Contract activity shows some cooling at the margins, with pending sales down nearly 7 percent from last year. Even so, months of supply sits at just 2.8, below California’s 3.3 months, keeping conditions tilted toward sellers. Homes typically spend 29 days on the market, a noticeable improvement from earlier in the year when it often took more than a month to get under contract.
Pricing has adjusted modestly in response to this balance of supply and demand. The typical home value is about $937,000, up around 2 percent from a year ago, while the median list price has inched up less than 1 percent annually and slid month over month. Roughly one in three homes sells above list price, and the average sale-to-list ratio sits just under 100 percent, so sellers still have some leverage but buyers are seeing a bit more breathing room. Whether you are trying to stand out as a buyer or maximize your position as a seller, Agent Pronto can connect you with a San Diego County agent who understands these trends and can guide your next move.
