June is typically one of the strongest months of the year for the San Diego housing market, making it a useful point for comparing markets across multiple years. While this year’s market looks somewhat stronger than June 2025 in several respects, a two-year comparison tells a different story.
Home prices have changed very little since June 2024, homes are taking longer to sell, and buyers are negotiating slightly larger discounts from asking price. Even so, limited inventory has kept home prices remarkably stable.
Compared with one year ago, median prices rose 4.4 percent countywide and 6.5 percent in North County, while pending and closed sales increased and new listings declined. Inventory also remained below last year’s level, leaving roughly three months of supply in both markets. Those conditions continue to favor sellers, even as buyers have become more selective.
Mortgage rates remain elevated compared with early spring, while inflation continues to influence borrowing costs and buyer confidence. Even so, June’s housing data suggests that limited inventory is still offsetting those headwinds. Whether that balance holds through the second half of the year will depend on future mortgage rate movements and the pace of new listings.
Below are answers to some of the most common questions about current market conditions.
San Diego Housing Market FAQs
Are home prices rising in San Diego County?
Compared with June 2025, yes. The countywide median sales price rose 4.4 percent to $950,000, while the North County median increased 6.5 percent to $1,075,000. Compared with June 2024, however, prices are essentially unchanged countywide and only slightly higher in North County.
What is happening with inventory?
Compared with June 2025, inventory declined in both markets, leaving 3.0 months of supply countywide and 2.9 months in North County. Supply remains higher than it was in June 2024, when there were 2.3 months of inventory countywide and 2.4 months in North County.
Are homes taking longer to sell?
Compared with June 2025, only slightly. Homes took an average of 36 days to sell countywide and 32 days in North County, one day longer than a year earlier in both markets. Compared with June 2024, however, market times increased from 28 to 36 days countywide and from 22 to 32 days in North County.
Are sales increasing?
Yes. Compared with June 2025, closed sales increased 9.5 percent countywide and 21.4 percent in North County. Sales were also higher than in June 2024 in both markets.
Is this still a seller’s market?
Conditions continue to favor sellers because both markets have approximately three months of inventory. However, the two-year comparison shows a more balanced market, with homes taking longer to sell and buyers negotiating slightly larger discounts from asking price than they did in June 2024.
Looking for more detail or wondering what your home is worth in today’s market? Request a free home valuation.
Interest Rates
Below are current mortgage rate averages and recent changes, updated regularly.
Market Updates
Click on the links below to read the San Diego real estate market reports.
- NORTH COUNTY MONTHLY INDICATORS
- METRO SAN DIEGO COUNTY MARKET UPDATE
- EAST SAN DIEGO COUNTY MARKET UPDATE
- SOUTH SAN DIEGO COUNTY MARKET UPDATE
- SAN DIEGO COUNTY MONTHLY INDICATORS
- 2025 SAN DIEGO COUNTY MARKET REPORT
North County Housing Summary
Here’s how the North County market performed compared to last year.
- Median home prices rose 6.5 percent.
- Detached home prices increased 8.1 percent, from $1,147,000 to $1,240,000.
- Sold units increased 21.4 percent. Pending sales grew 17.0 percent.
- Median days on market increased to 32, up 3.2 percent from last year.
- Months of inventory decreased from 4.6 months to 2.9 months.
San Diego County Housing Summary
Here are the numbers for San Diego County.
- Median prices rose 4.4 percent, from $910,000 to $950,000.
- Detached home prices increased 5.1 percent to $1,125,000.
- Attached home prices increased 1.1 percent to $670,000.
- Months of inventory dropped from 3.7 months to 3.0 months.