San Diego houses are promoting eight days sooner than a 12 months in the past, with the everyday dwelling going beneath contract in 32 days.
That’s one of many largest declines among the many 49 most populous U.S. metros. Nationally, houses take 49 days to promote, unchanged from final 12 months.
Nonetheless, Redfin brokers say the market is blended, with turnkey single-family houses promoting quick in bidding wars, and condos and townhomes taking longer to get snapped up.
The most effective time for consumers to get a deal in San Diego is in mid-September.
San Diego houses are promoting sooner than they did a 12 months in the past, despite the fact that consumers in “America’s Most interesting Metropolis” have extra negotiating energy, with sellers outnumbering consumers by 30.3%.
The standard San Diego dwelling itemizing finds a purchaser after 32 days in the marketplace, eight fewer days than final 12 months. That’s the largest year-over-year decline San Diego has seen since March 2024.
Among the many 49 most populous metros analyzed, solely West Palm Seashore, FL, the place houses offered 16 days sooner, and Jacksonville, FL, and Riverside, CA, the place they offered 9 days sooner, posted bigger declines. Nationally, the everyday dwelling spent 49 days in the marketplace in July, unchanged from a 12 months earlier.
Turnkey Single-Household Properties Are Promoting Quickest, Whereas Apartment, Townhouse Patrons Have Extra Room to Negotiate
Patrons are leaping on houses which are clear, up to date and able to stay in, Redfin San Diego principal agent Chuck Wheeler stated.
“Properties which are offered to the market staged and as turn-key as attainable, are promoting inside days,” Chuck stated.
However as a result of San Diego is in a purchaser’s market, staging can go a good distance, Redfin principal agent Rebecca Roman Stevens added.
“There’s an enormous distinction between strolling into an empty, stunning house versus a staged property that really looks like a house. I discover that when consumers can image themselves residing in an area, they’re typically prepared to tug the set off and make a suggestion instantly,” she stated.
San Diego’s distinctive dynamic, the place single-family houses are promoting rapidly, however condos are sitting, is proving a boon for people who find themselves on the lookout for a lower-maintenance way of life.
Rebecca just lately helped sellers record their single-family home within the low-$800,000s, about $100,000 lower than the everyday dwelling in San Diego sells for. She obtained two affords in seven days, and the house went for $14,000 above the asking value. She then helped the identical purchasers purchase a big condominium that had been sitting in the marketplace. They bought it for $1 million, $15,000 under the asking value, and obtained $1,750 in vendor credit.
The 2 transactions present why consumers and sellers are having totally different experiences in the identical San Diego metro space, Rebecca says.
“A fascinating single-family dwelling could draw competing affords, whereas a condominium, townhouse or different connected property could sit longer due to increased HOA charges, insurance coverage prices or upcoming assessments,” she added.
In 2020, California handed the SB 326 regulation, often known as the “Balcony Invoice,” which requires house owner associations to examine and restore exterior constructions each 9 years. That has triggered many HOAs to boost charges or make assessments, Chuck stated.
Sellers of single-family houses are going by way of their very own hurdles having to do repairs forward of time so as to entice consumers.
Chuck just lately suggested a consumer to spend about $12,000 on landscaping, recent paint and different repairs earlier than itemizing. The house obtained a full-price provide of $875,000 after 12 days in the marketplace.
“In case you have an up to date kitchen and an incredible yard, your own home will promote,” Chuck stated. “Exterior house in San Diego is nearly simply as useful as inside house due to the climate.”
“From an funding standpoint, proudly owning a house in sunny San Diego, the place it’s beautiful on a regular basis, remains to be funding from an appreciation standpoint,” he added. “Nothing is assured, however a purchaser trying to cool down and stay comfortably will seemingly get that right here.”
San Diego’s general market is tilted towards consumers and the finest time to get a deal is in mid-September.
Chuck stated consumers are asking sellers to cowl closing prices or purchase down their mortgage charges. Some condominium sellers are even providing to pay a 12 months of HOA dues up entrance so as to promote their locations.
Rebecca can be seeing consumers provide under asking and wanting vendor credit upfront.
These concessions could make a significant distinction when mortgage charges and month-to-month housing prices are excessive, Rebecca and Chuck each stated.
San Diego dwelling sellers could discover Redfin Early Entry, which permits them to start out advertising and marketing their dwelling as “coming quickly” earlier than its official market debut, useful in figuring out the fitting value, particularly for distinctive houses for which there aren’t many comparable current gross sales.
San Diego Housing Market July 2026 Highlights
Metric
July 2026
Median Sale Value
$937,081
Median sale value, Y/Y change
2.4%
Pending gross sales, Y/Y change
-8.1%
Properties offered, Y/Y change
6.9%
New listings, Y/Y change
-2.8%
Energetic listings, Y/Y change
-7.2%
Median days on market
32
Median days on market, Y/Y change
-8
P.c by which sellers outnumber consumers
30.3%
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