Home / Business and Economy / San Diego Housing Market Cools After Pandemic Boom
San Diego Housing Market Cools After Pandemic Boom
4 Jan
Summary
- San Diego home prices have fallen for five consecutive months.
- Housing inventory in San Diego has nearly doubled since early 2024.
- Homes are staying on the market significantly longer than before.
The San Diego housing market, after experiencing a substantial pandemic-induced surge, is now showing signs of stagnation. Median home prices, which soared from $660,000 in January 2020 to $860,000 in January 2022, have seen a decline for the fifth consecutive month as of October 2025. This cooling trend is particularly noticeable in premium suburban neighborhoods.
Housing inventory in San Diego has nearly doubled from approximately 1.7 months of supply in early 2024 to three-and-a-half months by mid-2025. Despite this increase in available homes, demand has softened, resulting in properties remaining on the market for considerably longer periods. Homes that once sold in under a month are now taking 30 to 38 days to sell.
