San Diego Housing Market Update — January 2025

• Prices Rise, Inventory Expands •

As 2025 begins, the San Diego housing market carried steady momentum in January, driven by increasing inventory and growing demand. With the holiday season behind us, more Buyers and Sellers are jumping back into the market, reviving their real estate plans for the new year. Detached home sales saw a marginal lift, while attached home sales of condos & townhomes dipped slightly compared to last year.

Detached home sales rose 5.1 percent year-over-year in January 2025 compared to January 2024, marking another month of gains. Attached homes, including condos and townhomes, saw a 4.3 percent decrease in sales over last year during January 2024. The average time on the market for all properties extended to 31 days before selling, up from 27 days on market the previous year.

January 2025 San Diego Housing Market Update 

Despite more homes hitting the market in January, San Diego home prices continue to rise — though at a slower pace than during the frenzy a few years ago. The median sale price for detached homes climbed 7.3 percent year-over-year to $1,048,600. Attached homes, such as condos & townhomes, saw a 2.3 percent increase, reaching a median sale price of $665,000.

Housing inventory growth remains a key trend, giving Buyers more choices. Detached home listings expanded by 21 percent, while attached homes – including condos and townhomes – saw an even more significant increase of 40.7 percent. This broader selection of available listings is easing some competition, yet prices remain elevated due to ongoing demand and limited overall housing supply.

San Diego Zip Codes with Most Homes Sold January 2025

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

• 92028 (Fallbrook) with 30
• 92114 (Encanto) with 28
• 92065 (Ramona) with 24
• 92056 (Oceanside East) with 20
• 92040 (Lakeside) and 92084 (Vista East) both with 19

These areas represent some of the most popular housing markets around Inland San Diego with suburban & semi-rural homes for sale that have more affordable properties available, as compared to neighborhoods just West of I-5 along the coast. They highlight a shift toward larger homes offering more square footage for the price, outside coastal areas of San Diego.

Most Expensive House Sold in San Diego January 2025

The most expensive house sold last month during January 2025 in San Diego County was a lushly landscaped ultra-modern inland valley estate at Del Mar Country Club in Rancho Santa Fe. This architectural masterpiece blends upscale elegance with resort-style living over 10,000 square feet of combined indoor-outdoor space.

Located on a private cul-de-sac overlooking the manicured golf course at Del Mar Country Club, this custom estate is tucked into one of Rancho Santa Fe’s most prestigious enclaves. Highlights include luminescent millwork lighting, a serene outdoor oasis with quartzite infinity pool & spa, poolside barbeque cabana, mature olive trees direct from Napa Valley, and verdant golf course views from each room. It sold on January 10, 2025 for $13,850,000. Listed by Brian Guiltinan and Ryan White at The Guiltinan Group. MLS# NDP2305899.

San Diego Housing Market Real Estate Data

This snapshot of the latest San Diego real estate stats from last month in January 2025 shows the percentage change year-over-year compared to January 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/2025-01/x/report?src=page

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

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