A lot can change in just a couple of months. I’ve updated this spring market report to reflect the most recent trends—and to help guide San Diego and North County buyers as they think through this big decision.
🏡 What’s Happening in the San Diego Housing Market?
As of April 2025, we’re seeing more inventory across San Diego County—and that could be good news for buyers:
- More homes to choose from: Active listings jumped 70% year-over-year in April, reaching 5,004 homes—the most we’ve seen for an April since 2019. (source)
- Growth across home types: Detached home listings rose by 29.1%, and condos and townhomes increased by 60.5%. (source)
Even with more homes on the market, San Diego remains one of the most competitive markets in the U.S.—ranking 19th on Zillow’s 2025 Hottest Markets list.
Here’s a snapshot of what we’re seeing:
- Home prices are adjusting slightly – Median sale price for detached homes in San Diego dipped to $1,075,000, and condos/townhomes to $675,000.
- Homes are still moving – Detached homes averaged 21 days on market, just one day longer than last year.
This little shift could indicate a movement towards a more balanced market and potentially mean more opportunity for buyers—especially here in North County.
💰 Still Trying to Wait for Rates to Drop?
You might be waiting a while. The Fed is holding rates steady due to ongoing uncertainty around inflation and broader economic factors. That’s expected to keep mortgage rates stable for the foreseeable future.
This Loan Officer’s Advice: If you find a home that feels right and fits your budget, it could make sense to move forward now and refinance down the line. While inventory is improving, it might also attract more buyers, which could put upward pressure on prices again.
🗓 What Should I Do Next in My Home Search?
If you’re thinking about buying in San Diego, here’s a step-by-step plan:
- Step 1: Get pre-approved – It’s the best way to know what’s possible for your budget and to move quickly if you find the right home.
- Step 2: Work with someone who knows the local market – I’d be happy to chat and see if we’re a good fit. I’ll help you explore loan options and walk you through what to expect.
- Step 3: Focus your home search – Whether it’s Oceanside, Poway, North Park, or Chula Vista, the market in each city of North County San Diego differs and you need to find the neighborhoods that feels like home to you.
Here’s how many homes sold in April 2025 in key North County ZIP codes:
| ZIP Code | Area | Homes Sold |
|---|---|---|
| 92028 | Fallbrook | 50 |
| 92064 | Poway | 39 |
| 92009 | Carlsbad Southeast | 32 |
| 92057 | Oceanside North | 32 |
| 92058 | Oceanside East | 30 |
Source: San Diego Housing Market Update — April 2025
🔎 New to the process? Click here to read my guide on how to find the right property.
✨ Final Thoughts: Is It the Right Time to Buy a Home?
There’s no perfect time to buy. But there is a right time for you.
It all comes down to your personal situation—your goals, your finances, and your timeline. Are you ready for the responsibility of homeownership? Do you plan to stay in San Diego for the next few years? Are you comfortable with your monthly budget, even if rates shift?
💡 Bottom line: When you feel ready—and understand what’s happening in the market—that’s your time.
If you’re financially prepared and committed to staying local, waiting could actually cost you more down the road.
