In February 2025, San Diego's real estate market showcased notable trends. The median sales price for detached homes reached $1,048,600, marking a 7.3% year-over-year increase. Attached homes saw a median price of $665,000, reflecting a 2.3% rise from the previous year. Additionally, the median home value in San Diego stood at $1,020,394, up 3.3% over the past year. The market's competitiveness is further underscored by San Diego's rise in Zillow's rankings, moving up 10 places to become one of the nation's most competitive housing markets in 2025. Howard Smith Real EstateZillowAxios
As spring approaches, the San Diego housing market is poised for continued growth. Experts anticipate a 3% to 5% increase in home prices over the next year, driven by strong consumer sentiment and a robust economy. However, affordability remains a concern, with mortgage costs consuming a significant portion of per capita income. Despite these challenges, the market's resilience and the city's appeal suggest a dynamic real estate landscape in the coming months.