San Diego Housing Market Update — March 2025

• More Listings, Price Gains •

The San Diego housing market saw mixed momentum in March, with overall home sales activity down from a year ago, but new listings and Buyer interest gaining traction. As the inventory of homes available for sale continues to build, more buyers are re-entering the San Diego real estate market despite higher price tags and interest rates.

Detached home sales dropped 7.8 percent year-over-year in March 2025 compared to March 2024. Attached homes, including condos and townhomes, saw a 10.8 percent decrease. Homes also sold more slowly in March, with the average time on market for detached properties rising 50 percent to 27 days on market, up from 18 days a year ago. 

March 2025 San Diego Housing Market Update

While fewer homes sold in March, San Diego home prices continued to rise, supported by steady Buyer demand and home values holding firm despite eased competition. The median sale price for detached homes reached $1,083,750, a 3.2 percent increase year-over-year. Attached homes, such as condos & townhomes, also climbed 1.5 percent, with a median sale price of $679,950. 

Housing inventory growth remained a key factor shaping the early spring market in San Diego. Detached home listings increased 31.5 percent, while attached homes – including condos & townhomes – jumped a staggering 60.9 percent from a year ago. This expanding selection of available properties gives Buyers more breathing room, even as home values hold firm due to steady demand for move-in ready homes. 

San Diego Zip Codes with Most Homes Sold March 2025

The top zip codes for home sales in San Diego County during March were:

• 92028 (Fallbrook) with 37
• 91977 (Spring Valley) with 36
• 92056 (Oceanside East) with 35
• 92026 (Escondido North) with 33
• 91913 (Chula Vista Eastlake) with 31

These popular areas of Inland San Diego remain attractive to home Buyers looking for more space at a price point that goes further than coastal neighborhoods. The trend continues to reflect growing interest in homes that offer more affordable prices per square foot and easily accessible amenities without the coastal premium. 

Most Expensive House Sold in San Diego March 2025

The most expensive house sold last month during March 2025 in San Diego County was a custom-built oceanfront estate perched on the beach bluffs in Solana Beach. Set high on a hill with unobstructed panoramic views of the Pacific Ocean coastline from La Jolla to San Clemente, this one-of-a-kind home spans a rare double oceanfront lot with lush expansive outdoor living space and seamless indoor-outdoor flow.

Fully remodeled in 2018, the 3,400-square-foot residence features 4 bedrooms, 5 bathrooms, and a refined coastal design throughout. Interior highlights include wide plank German oak flooring, chef’s kitchen with a massive island, built-in wet bar, media room, and walls of oversized picture windows that showcase the magnificent view. Outside, the estate offers a gym, spa, turf lawn, half basketball court, and a flourishing garden with fruit trees — all powered by full-house solar.

It sold on March 4, 2025, for $13,500,000. Listed by Kathleen Gelcich of Pacific Sotheby’s International Realty. MLS# 240025986.

San Diego Housing Market Real Estate Data

This snapshot of the latest San Diego real estate stats from last month in March 2025 shows the percentage change year-over-year compared to March 2024. Increased inventory of homes for sale is leveling out San Diego home prices. Read on for a detailed analysis of this historical data and what impact these metrics have on Sellers, Buyers, and real estate trends around your neighborhood in San Diego.

Data on the current housing market in San Diego is compiled by the Greater San Diego Association of REALTORS® (SDAR) through the San Diego Multiple Listing Service (SDMLS).

Sources: 

https://sdar.stats.10kresearch.com/docs/mmi/2025-03/x/report?src=page

https://nsdcar.stats.10kresearch.com/docs/lmu/x/SanDiegoCounty?src=map

https://media.sdar.com/media/CurrentStats.pdf