San Diego County remains balanced with a slight seller lean. Fewer listings and sales compared to July point to a slower late-summer pace, but limited inventory continues to support sellers when homes are priced and presented well.

• Average Sales Price: $1,460,203 (+4.0% YOY)

   

➡️ Looking at the last several months, prices are not dropping consistently, they are moving within a stable but uneven range. Detached homes remain well-supported, while condos and townhomes are showing signs of gradual stabilization after softer moments earlier in the year.

• 29 days on the market (-9.4% YOY)

➡️ Market pace slowed slightly in August, with homes averaging about 29 days on market. That is a bit longer than July, but still faster than last August, showing that well-positioned homes are continuing to move efficiently.

• Percent of List Price Received: ~99.4%

➡️ Negotiation conditions remain fairly strong for sellers, with homes closing at about 99.4% of list price. Buyers have more room to be thoughtful than they did in faster markets, but well-priced homes are still attracting strong offers.

Here’s what stands out when looking at the last several months:

• Sales activity eased in August, with closed sales down from July and lower year-over-year, even as overall year-to-date sales remain slightly ahead of last year. 
  
  
• Home prices strengthened from July, with average sales price rising to about $1.46M and remaining above last August, showing that values are still holding within a resilient range. 
  
  
• Market pace slowed slightly from July, with days on market rising to about 29 days, but homes are still moving faster than they did last August. 
  
  
• Negotiation conditions remained strong for well-positioned listings, with homes closing at about 99.4% of list price, showing that accurately priced homes are still commanding solid offers. 

These trends suggest that the San Diego housing market moved through late summer with slightly softer activity but continued pricing strength, while maintaining the more balanced, selective pace that has been developing over the past several months.