Median Days on Market in San Diego

MARKET INSIGHTS

Data provided by Redfin Corporation courtesy of Tableau data visualization software.

Average Days on Market in San Diego

This graph shows the Median Days on Market in San Diego, CA for the current week. Median Days on Market is preferred over the average since it better reflects the usual time it takes for property sales and it’s less impacted by outliers that took longer to sell. It informs you on the pace & competition in your local real estate market alongside the Average Sale-to-List Price Ratio, which is less sensitive to outliers by contrast.

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What is Days on Market

Days on Market counts the number of days it takes for properties to go from listed to sold, as a key indicator of market duration. Every ~30 days equals one month on market. Values below 30 mean that houses are selling in under a month. This shows the market moves fast and reveals whether high demand is driving up prices as eager Buyers quickly snatch up properties. Conversely, values above 30 mean that houses are taking over a month to sell. This unveils the market is moving at a slower pace with less demand and exposes whether prices are negotiable as properties linger on the market before Buyers find them.

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What Does Days on Market Mean

Sellers, evaluate the Median Days on Market in San Diego to get a glimpse of how fast your home sale could be. Fewer Days on Market are a signal to list your property ambitiously, with strategic pricing, to capitalize on strong demand and the potential for a fast sale. However, higher Days on Market are a cautionary to rethink your pricing strategy or consider ways to boost curb appeal and attract Offers.

Buyers, check the Median Days on Market in San Diego to gauge the competition so you can pace your Offer timeline and negotiate. Fewer Days on Market means the market is moving quickly, so prepare yourself to act fast and make a competitive Offer to snatch up the house. Higher Days on Market means you may have more time and negotiation leverage if the houses tend to sit on the market longer and take more days to sell.

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San Diego Average Days on Market

Use the Median Days on Market instead of the average because it measures more accurately the typical time that it takes for a property sale with less influence by outliers that took longer to sell. This metric counts market duration and measures the pace of real estate activity. Tracking trends in the Median Days on Market over time reveals subtle shifts in market conditions to show patterns in how Buyers & Sellers negotiate. Large fluctuations in this data likely indicate major changes in supply & demand, shifts in the real estate market, or economic influences impacting housing activity.

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Median Days on Market vs. Average Days on Market

The difference between Median Days on Market and Average Days on Market lies in their calculation methods and sensitivity to outliers. Median Days on Market is the middlemost value in a sorted list of all days on market, showing the typical time it takes for properties to sell as a figure that is less influenced by extreme values.

By contrast, Average Days on Market is calculated by adding up all days on market and dividing by the total number of properties sold, which can skew results if there are outliers with much longer or shorter selling times. While both metrics measure market duration, Median Days on Market is often preferred as it provides a more honest idea of the typical selling time, particularly in San Diego where our housing market has wide range of price points and geographies.

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Median Days on Market vs. Median Days to Close

The difference between Median Days on Market and Median Days to Close is that they count different timelines in the real estate transaction. Median Days on Market measures the time it takes for properties to sell, from the moment they are listed on the market until they go under contract, for insight into the speed and competitiveness of Offer negotiations.

On the other hand, Median Days to Close measures the time it takes for properties to sell from the moment they go under contract until the closing date. This statistic reveals how long it typically takes to finalize the property sale from Offer acceptance to closing. While both metrics tell you how long a real estate sale takes in San Diego, Median Days on Market spans the initial listing and Offer process, while Median Days to Close counts how long it takes to complete the due diligence phase and close on a house in San Diego.

Average Time it Takes to Sell a House in San Diego

In 2024, the average time it takes to sell a house in San Diego — from listing through closing — is approximately 36 days. That’s 12 days on average to accept an Offer, plus the typical 14-day closing period. Key factors that impact San Diego home sale timelines include local market conditions (e.g., buyer demand, rising home values, etc.), time of year, and your property type and condition. Your REALTOR®’s listing strategy to price & market your property, plus the Buyer’s financing situation — i.e., the amount of time it takes for them to secure loan approval — will also influence how long your sale ultimately takes.

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Is Now A Good Time to Sell a House in San Diego?

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Data provided by Redfin Corporation courtesy of Tableau data visualization software.

About This Housing Data

Each week, typically on Thursdays, we release a fresh dataset to keep you up-to-date on the newest developments in the San Diego housing market. Stay tuned here for the latest data & commentary on how economic changes are impacting real estate in San Diego.

This data is subject to revisions weekly and should be viewed with caution. If there are any concerns about the data or questions about metric definitions, please reach out for quick & easy clarification. You can download a copy of the full dataset here.

Housing Market Data Basics

Select the tab for the type of data that you’re looking for. Under each tab, you can filter results by metropolitan area, property type, month-over-month change, year-over-year change, and the time period. Each visualization will change with your selections.

After making your selections, click on the visualization and then hit the download button on the bottom right corner to save the data shown. Alternatively, you can select the “Download” tab and download all of the data that we have available.

More Market Insights

Current Housing Market in San Diego

Wondering how the San Diego housing market is doing? Gain insights on San Diego’s median house price, days on market, and more metrics using interactive charts & graphs.

San Diego Real Estate Market Trends

Use these links to navigate the nuanced landscape of the San Diego housing market in a weekly data journey.

Average Sale-to-List Ratio

Median Days to Close

Median Days on Market

Off-Market in Two Weeks

Percentage of Listings with Price Drops

Median Median List Price per Square Foot

Median Sale Price per Square Foot

Median Pending Square Footage

Age of Housing Inventory

Months of Housing Supply

Full Market Report

All Trends Mapped

Stay informed about new sales, inventory changes, and emerging trends shaping home prices in your neighborhood. These insights will help you make smart decisions as the San Diego real estate market continues to evolve.

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Portia is a good communicator with strong negotiation skills. She helped us to win out over 4 competing bids on the purchase of our new home and then negotiated an excellent sale price for our house of 48 years. She is easy to work with and very knowledgeable of real estate trends.”

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Portia Green, REALTOR®

Portia’s clients all have a similar story. Most likely, you met her huddled around a tablet at the dinner table yet she feels like a friend. Her personable nature and easy going approach attract Sellers and Buyers alike, in what can be a stressful and emotionally charged event. A talented REALTOR® with 17 years experience, Portia is just as excited about real estate today as she was with her first transaction. She remains ever-committed to helping her clients find their place in the world and helping busy people navigate this crazy real estate market like a pro.

MARKET INSIGHTS