Market Trends

Real estate market analysis from our appraisal practice across California.

← All Posts  ·  May 20, 2026  ·  San Diego 92109, California

Market Trends: San Diego 92109 — May 2026

Key Metrics at a Glance

MetricValueTrend
Median Sale Price (0–3 Mo)$2,375,000Increasing
Median $/SF (0–3 Mo)$1,235.01Increasing
12-Mo Linear $/SF Change+2.5%Positive
Months of Inventory2.6Tight supply
Median Days on Market28Stable
SP/LP Ratio97.0%Stable
Sales Volume Change (Qtr)+37.9%Increasing
Anticipated Marketing Time30–60 daysActive market

Analysis

In summary, the seller's market is best characterized as directionally strengthening. The anticipated marketing time of 30–60 days reflects current absorption rates. The positive 6-month $/SF trend (+16.3%), paired with a positive 12-month linear $/SF change (+2.5%), indicates that recent activity has firmed values from a softer earlier period. Inventory is tight at 2.6 months, sales volume has rebounded meaningfully on a quarterly basis, and the SP/LP ratio of 97.0% indicates buyers and sellers are routinely meeting at the list price. Detailed listing, market area, and sales metrics underlying these conclusions are tabulated on the following page.

Market Conditions — Detailed Data

Need a Date-of-Death Appraisal?

Our market trend analyses are performed as part of every appraisal we prepare. If you need a USPAP-compliant date-of-death appraisal for the IRS step-up in basis, we provide certified desktop appraisals statewide across California — starting at $299.

Order Your Appraisal