Market Trends: San Diego 92111 — March 2026
Key Metrics at a Glance
| Metric | Value | Trend |
|---|---|---|
| Median Sale Price (0-3 Mo) | $636,625 | Stable |
| Median $/SF (0-3 Mo) | $486.51 | Increasing |
| 12-Mo Linear $/SF Change | +14.30% | Positive |
| Months of Inventory | 1.7 | Tight supply |
| Median Days on Market | 12 | Worsening |
| SP/LP Ratio | 100.0% | Stable |
| Sales Volume Change (Qtr) | +34.8% | Increasing |
| Anticipated Marketing Time | 30-60 days | Active market |
Analysis
The data reveals broadly consistent movement between overall prices and per-square-foot metrics. The steeper decline in overall median prices relative to $/SF suggests a compositional shift toward smaller or lower-priced properties in the sales mix, rather than a uniform decline in property values per unit of space.
On the supply side, 1.7 months of inventory reflects tight supply conditions in the market. Increasing days on market indicates properties are taking longer to sell, suggesting buyer caution or overpricing. The stable SP/LP ratio suggests pricing expectations remain well-calibrated between buyers and sellers.
In summary, the market is best characterized as competitive with strong seller positioning. The anticipated marketing time of 30-60 days reflects current absorption rates. The positive 6-month $/SF trend suggests strengthening fundamentals that may support continued price appreciation.
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