San Diego County Real Estate Market Update — October 2025

What Today’s Numbers Say About Where the Market Is Heading

San Diego’s housing market continues to show strength this fall, even as buyers and sellers adjust to seasonal patterns and long-term affordability pressures. By comparing October 2025 to both September 2025 and October 2024, we get a clear picture of what’s happening in the market right now.

Below is a breakdown for Single Family Homes and Condos/Townhomes, based entirely on the data you provided.

Single Family Homes — Market Summary

Closed Sales

• October 2025: 1,391

• September 2025: 1,369

• October 2024: 1,365

Closed sales have increased both month-over-month and year-over-year, showing steady buyer demand despite evolving economic conditions.

Median Sale Price

• October 2025: $1,000,000

• September 2025: $1,005,000

• October 2024: $1,036,500

Prices dipped slightly from last month and remain lower than last year. This reflects a mild correction rather than a major drop, as buyers negotiate more due to increased inventory.

Median Days on Market

• October 2025: 19

• September 2025: 21

• October 2024: 19

Homes continue to sell quickly, with the pace holding steady compared to this time last year.

New Listings

• October 2025: 1,956

• September 2025: 1,895

• October 2024: 1,858

More sellers are listing their homes, giving buyers more options and contributing to slight price softening.

Sale-to-List Price Ratio

• 99% across all periods

Homes are consistently selling at very close to asking price, indicating sellers still hold strong leverage.

Average Price per Square Foot

• October 2025: $658

• September 2025: $657

• October 2024: $672

Price per square foot ticked up slightly month-over-month. Year-over-year, it remains lower but still strong overall.

Condos and Townhomes — Market Summary

Closed Sales

• October 2025: 606

• September 2025: 659

• October 2024: 628

Condos and townhomes experienced a slowdown in closed sales compared to both last month and last year.

Median Sale Price

• October 2025: $650,000

• September 2025: $665,000

• October 2024: $667,000

Prices have declined month-over-month and year-over-year, suggesting more negotiation room for buyers.

Median Days on Market

• October 2025: 29

• September 2025: 26

• October 2024: 23

Homes in this segment are taking longer to sell than they did last month and last year.

New Listings

• October 2025: 1,050

• September 2025: 1,019

• October 2024: 1,006

Inventory continues to rise, giving buyers more choices and adding pressure to pricing.

Sale-to-List Price Ratio

• 99% across all periods

Even with slower sales, condos and townhomes are still selling close to list price.

Average Price per Square Foot

• October 2025: $644

• September 2025: $660

• October 2024: $662

This decline supports the broader trend of softening in the condo and townhome market.

What This Means for Buyers and Sellers

FOR SELLERS

• The market remains solid, especially for single-family homes, with homes selling at 99% of list price

.• Inventory is rising, so strategic pricing is more important than ever.• Homes that are well-presented and priced correctly still sell within two to three weeks.

FOR BUYERS

• There are more choices now than last year.• Prices have softened modestly in both segments.

• Buyers have increased negotiation power, especially in the condo market.

FOR INVESTORS

• Condos show opportunity as values correct.

• Single-family homes remain resilient due to long-term supply constraints in San Diego.

Bottom Line

San Diego’s real estate market in October 2025 reflects a balanced environment:

• Single-family homes remain in demand with steady pricing.

• Condos and townhomes show more noticeable softening.

• Inventory is rising across the board, offering more choices for buyers.

This is not a boom or a downturn — it’s a stable, adjusting market where smart strategy makes a difference.

If you have any questions about buying or selling, you can reach Kristel at the contact information provided below.

Kristel Wilson

Your local real estate expert, serving Coronado, Imperial Beach, and San Diego,

830.953.0021

kristel@kristelwilson.com

www.kristelwilson.com

Real Estate Agent, CA DRE #02347988

Premier Agent Network, Inc.