San Diego Market Report - November 2025: Balanced Market with Stable Prices

San Diego Market Report (SDMLS computed) — November 2025

In November 2025, the San Diego real estate market maintains a balanced condition with a composite benchmark price of $875,000. Total sales reached 602 units, reflecting a decrease from 784 sales in October 2025.

Market Analysis

The San Diego real estate market in November 2025 shows signs of stability, with the composite benchmark price holding steady at $875,000, a slight decrease from $877,450 in the previous month. The total sales volume has decreased, indicating a potential slowdown in buyer activity, as evidenced by the drop from 784 sales in October to 602 in November. The absence of new listings during this period suggests that sellers may be holding off on entering the market, contributing to a balanced market condition where supply and demand are relatively equal.

Property Type Analysis

Breaking down the property types, detached homes have a benchmark price of $1,195,000 with 319 sales, while attached/townhouses and apartments have benchmark prices of $800,000 and $580,000, with sales of 78 and 189 respectively. The higher sales volume in the apartment sector indicates a continued demand for more affordable housing options, while the detached market remains robust despite its higher price point.

Regional Highlights

Regionally, San Diego continues to attract a diverse range of buyers, though the lack of new listings may limit options for prospective homeowners. The balanced market condition suggests that while prices are stable, buyers may need to act quickly when desirable properties become available, particularly in the more affordable segments of the market.

For Buyers

For buyers, this is a time to remain vigilant and prepared, as the lack of new listings could mean that desirable properties may not stay on the market for long. Engaging with a knowledgeable real estate agent can provide insights into upcoming listings and help navigate the current market dynamics effectively.

For Sellers

Sellers should consider the current balanced market as an opportunity to list their properties, especially if they are in desirable locations or price ranges. With no new listings reported this month, positioning a home competitively could attract motivated buyers looking to make a purchase before the end of the year.