San Diego Real Estate Market Trends
Market Overview for Quarter 2, 2024
Median Sale Price
5.7% YoY
Median Price/Sqft
6.6% YoY
No. of Transactions
-73.8% YoY
County Median Sale Price
7.4% YoY
In Q2, the median home sale price in San Diego was $925K, an increase of 5.7% year-over-year. By contrast, sales activity trended down with 684 deals closed, representing a decline of -73.8% compared to the same period last year. The median price per square foot in Q2 was $691, a change of 6.6% year-over-year, while the median sale price in San Diego County was $890K.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in San Diego County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Rancho Santa Fe | $3,837,500 |
| 2 | Solana Beach | $2,665,000 |
| 3 | Coronado | $2,325,000 |
| 4 | LA Jolla | $1,880,000 |
| 5 | Encinitas | $1,535,000 |
| 6 | Carlsbad | $1,505,000 |
| 7 | Poway | $1,300,000 |
| 8 | San Marcos | $940,000 |
| 9 | Alpine | $937,500 |
| 10 | San Diego | $925,000 |
| 11 | LA Mesa | $865,000 |
| 12 | Lakeside | $857,500 |
| 13 | Oceanside | $856,000 |
| 14 | Escondido | $847,000 |
| 15 | Vista | $840,000 |
| 16 | Chula Vista | $823,000 |
| 17 | Fallbrook | $810,000 |
| 18 | Ramona | $807,500 |
| 19 | El Cajon | $792,500 |
| 20 | Santee | $750,000 |
| 21 | Spring Valley | $707,000 |
Residential Property Types Sold in San Diego
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | $693K | 4.6% | $661 | 2.6% | 320 |
| House | $1.2M | 11.1% | $747 | 14% | 364 |
The Q2 median sale price for San Diego houses was $1.2M, increasing 11.1% year-over-year. While the median for houses was trending up, condo prices in San Diego remained flat year-over-year at $693K.
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