San Diego County Real Estate Market Update - May 2025

May 2025 showcased an active and dynamic month for the San Diego County real estate market, reflecting its ongoing appeal to homebuyers and investors alike. Known for its coastal lifestyle and diverse housing options, San Diego continues to draw demand from across the region and beyond. Here’s an in-depth look at how the market performed last month and what these trends mean for buyers and sellers.

New and Active Listings

San Diego County saw 3,597 new listings enter the market in May, a healthy influx that provides fresh opportunities for buyers. Combined with a total of 6,343 active listings, the market offered plenty of choices, catering to buyers seeking everything from beachfront condos to family-friendly suburban homes.

This level of inventory also brings a measure of balance to the market. For buyers, the growing supply creates more room for negotiation and a wider array of properties to choose from. For sellers, it underscores the importance of competitive pricing and compelling presentations to stand out among the competition.

Pending and Closed Sales

The activity among buyers remained consistent, with San Diego reporting 2,165 pending sales during the month, signaling strong buyer engagement. Additionally, the county saw 2,077 closed sales, underscoring the market’s efficiency in turning interest into final transactions.

These figures reflect a steady demand for homes in San Diego, reaffirming its reputation as a desirable region for living and investment, even as the market moves toward greater stability.

Closed Transaction Volume

San Diego’s closed transaction volume for May reached a substantial $5,043,518,952. This impressive figure illustrates the sheer scale of economic activity within the county’s real estate market. It also signals that buyers remain willing to invest in the region’s desirable properties, despite market fluctuations that may occur in other parts of the state.

For sellers, the high transaction volume serves as a confirmation of the region’s ongoing value, while for buyers, it’s a testament to the strong appeal of San Diego’s housing market.

Average Days on Market

Properties in San Diego spent an average of just 26 days on the market before being sold, reflecting a swift and competitive marketplace. This shorter timeframe emphasizes both strong buyer demand and an efficient ability to match properties with willing buyers.

For sellers, this means properly priced homes continue to sell quickly, while buyers should be prepared to act with urgency to secure their desired properties.

Median Sales Price

The median sales price in May 2025 stood at $905,000, showcasing a stable and competitive pricing outlook in the San Diego market. The median price reflects a balance between affordability for entry-level buyers and value for those looking for high-end real estate.

For buyers, this pricing indicates a market where preparation and financial readiness are key. For sellers, the stable price point reinforces the importance of proper positioning to attract serious offers.

Market Implications

The real estate market in San Diego County during May 2025 continues to demonstrate a healthy mix of demand, inventory, and value. The large number of new listings provides ample options for buyers, while the quicker turnover time and consistent median pricing reflect the strong fundamentals of the market.

Buyers will find ample inventory to explore, but swift market conditions mean staying organized and ready to act on competitive properties. Partnering with knowledgeable real estate professionals is essential to navigating offers and negotiations effectively.

Sellers, on the other hand, benefit from robust buyer interest and high transaction volume. However, standing out in a thriving market requires strategic pricing and careful presentation to make the most of current conditions.

Whether you’re looking to buy or sell, staying informed about trends and teaming up with local experts will provide you with the tools needed to succeed in this dynamic and attractive real estate market. San Diego County continues to prove why it’s one of the most desirable regions for real estate in California.