San Diego, CA Real Estate Market

With a median sale price of $2,749,000 sitting $700,000 above the median list price of $2,049,000, sellers in 92130 are in a strong position to attract offers well above asking. The lean inventory of just 100 active homes and a quick median of 18 days on market means well-priced properties are moving fast.

Buyers entering the 92130 market should be prepared for a competitive environment where homes are selling significantly above the $2,049,000 median list price, with the median sale price reaching $2,749,000. With only 100 active listings and a median of 18 days on market, acting decisively and coming in with a strong offer is essential.

At a median price per square foot of $872.01 and a median rent of $3,964 per month, investors should carefully evaluate cash flow potential given the high acquisition costs in this zip code. The rental market does offer depth with 364 units of rental inventory, and 4-bedroom rentals fetching $6,350 per month may present more favorable return profiles for larger properties.

The current 30-year mortgage rate of 6.00% and 15-year rate of 5.43% add meaningful carrying costs on top of already elevated price points in the $2,749,000 median sale price range. Buyers financing at these rates should model their monthly obligations carefully, as even small rate movements have outsized effects at this price level.