Insider Intel: Regional Market Insights San Diego January 2025

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JANUARY

Market Report

SAN DIEGO COUNTY | INSIDER INTEL

Insider Intel.

Each month we explore the regional housing markets of San Diego County, from city-by-city sales data to inventory, inflation, mortgage rates, and other economic factors and trends. Real estate is, by nature, local, and our markets may not be entirely reflective of national trends. We hope that this month’s report empowers you with valuable insights to make informed real estate decisions.

January 2025

The Orange County and San Diego markets remain dynamic, presenting opportunities for buyers and sellers alike. December closed sales rose year-over-year, up 25% in Orange County and 27% in San Diego. Increased inventory—up 39% and 41%, respectively—provides sellers with more visibility and buyers with greater choice.

In Orange County, demand grew 7%, while San Diego’s slight decline highlights the need for strategic pricing.

Longer market times—84 days in Orange County and 101 in San Diego—give buyers more time to decide.

While mortgage rates have edged up from 6.72% to 7.26%, the market remains resilient.

San Diego County

SAN DIEGO COUNTY ATTACHED & DETACHED

1,788 UNITS SOLD IN DECEMBER 2024

1,410 UNITS SOLD IN DECEMBER 2023

$875K

$875K

MEDIAN SALES PRICE

MEDIAN LIST PRICE 98.2% SALES TO LIST PRICE RATIO

$15M HIGHEST PRICE

$561 MEDIAN PRICE PER SQUARE FOOT

21

$0-$500K

194 Units

Sold December 2024

159 Units

Sold December 2023

$422,500

Median Sales Price

$1M-$1.25M

197 Units

Sold December 2024

162 Units

Sold December 2023

$1,145,000

Median Sales Price

$2M-$4M

128 Units

Sold December 2024

76 Units

Sold December 2023

$2,480,000

Median Sales Price

$500K-$750K

431 Units

Sold December 2024

380 Units

Sold December 2023

$650,000

Median Sales Price

$1.25M-$1.5M

171 Units

Sold December 2024

95 Units

Sold December 2023

$1,370,000

Median Sales Price

20 Units

Sold December 2024

10 Units

Sold December 2023

$750K-$1M

490 Units

Sold December 2024

418 Units

Sold December 2023

$860,000

Median Sales Price

$1.5M-$2M

150 Units

Sold December 2024

99 Units

Sold December 2023

$1,747,500

Median Sales Price

7 Units

Sold December 2024

11 Units

Sold December 2023 $4M-$6M

$4,862,500

Median Sales Price

$7,365,000

Median Sales Price

DETACHED HOMES | SAN DIEGO COUNTY

$0-$500K

46 Units

Sold December 2024

43 Units Sold December 2023

$362,500

Median Sales Price

$1M-$1.25M

160 Units

Sold December 2024

138 Units Sold December 2023

$1,135,125

Median Sales Price

$2M-$4M

109 Units Sold December 2024

70 Units Sold December 2023

$2,450,000

Median Sales Price

December 2023 $500K-$750K

174 Units

180 Units Sold December 2024 $687,500 Median Sales Price

$1.25M-$1.5M

143 Units Sold December 2024

83 Units

December 2023

$1,351,750

Median Sales Price

20 Units

December 2024 9 Units

December 2023

$4,617,500

370 Units

December 2023 $750K-$1M

306 Units

December 2024 $861,250 Median Sales Price

131 Units

December 2024

88 Units

December 2023

$1,730,000

Median Sales Price

$1.5M-$2M $6M+

7 Units

December 2024

11 Units

December 2023

$7,365,000 Median Sales Price

152 Units

254 Units

38 Units

$1,146,000

Information is obtained from the MLS and other sources, deemed reliable but not guaranteed from 12/23-12/24. © 2025 Pacific Sotheby’s International Realty DRE# 01767484. All rights reserved. Sotheby’s International Realty® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. Pacific Sotheby’s International Realty fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Sotheby’s International Realty Affiliates LLC nor any of its affiliated companies.

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