San Diego housing market update spring 2026 | McT Real Estate Group

Last updated: April 2026

Close-up of the formal dining area of North Park Spanish style revival home showcasing original gumwood built-in cabinetry, a classic fireplace, and hardwood floors in the heart of this North Park home.
Close-up of the formal dining area at 3237-39 Dale St showcasing original gumwood built-in cabinetry, a classic fireplace, and hardwood floors in the heart of this North Park home.

Think about a new restaurant opening on 30th Street in North Park. The food is solid, the space looks great, but the menu is priced way above the neighborhood. People check it out online, glance at the prices, and keep scrolling. A few weeks later, the owner drops prices. But by then, the buzz is gone. The early crowd already decided it wasn’t worth the trip. That restaurant now has to work twice as hard to fill seats, usually at lower prices than if they had just nailed it from the start.

The same thing is happening with homes for sale in North Park and across San Diego right now.

The Spring 2026 Numbers Tell the Story

San Diego County’s active inventory sits near 4,969 homes, up about 6% in the last two weeks and roughly 4% higher than this time last year. The spring selling season is in full swing. More homes are hitting the market every week, and that trend will continue into summer.

Demand has leveled off at around 1,942 pending sales countywide. That means buyers are active, but they’re choosy. The expected market time across San Diego County is about 77 days. Detached homes are moving faster at around 70 days. Condos and townhomes are slower at roughly 96 days.

Here’s where it gets interesting for sellers.

San Diego County active listing inventory vs demand 2025 vs 2026 chart showing rising supply and flat buyer demand
San Diego County active listing inventory vs demand 2025 vs 2026 chart showing rising supply and flat buyer demand

What Happens When You Price Right vs. When You Don’t

About three out of four homes that closed in San Diego County this March never reduced their asking price. Those homes sold at a median sale-to-list price ratio of 100%. They also went under contract in a median of just 11 days.

Sellers who had to cut their price by 1% to 4% waited nearly two months and still sold for less. On a home with a final list price of $1 million, that gap works out to about $11,000 left on the table.

Sellers who cut 5% or more? They sat for close to three months and walked away with roughly $14,000 less than the sellers who priced correctly from day one. When you measure from their original list price, the total gap can run over $100,000.

Nearly a third of all active listings in San Diego County have already reduced their price at least once. Almost half of the homes that sold within the first three weeks closed above asking. That number drops sharply the longer a home sits.

San Diego County expected market time vs median days on market chart showing homes that sit longer sell for less
San Diego County expected market time vs median days on market chart showing homes that sit longer sell for less

What This Means for North Park Sellers

In North Park, where buyers are informed, lifestyle-driven, and watching comps closely, this data matters even more. Well-priced homes in 92104 are still attracting strong interest, but overpriced listings are stalling. If you are selling your home in North Park, your first impression is your best shot.

The key is working from recently sold comps, not aspirational list prices. Your pricing strategy should reflect what buyers are actually paying on your street and in your micro-pocket right now.

If you want to understand the full process from pricing through closing, our step-by-step guide to selling in San Diego lays it out.

Thinking about what your North Park home could sell for today? Request a free home valuation, and we’ll run the numbers based on what’s actually closing near you.

619-736-7003
Z. McT-Contreras | McT Real Estate Group | DRE#01715784

Scroll to Top