The luxury real estate market in San Diego County continues to show its resilience, nuance, and unmistakable appeal heading into the end of 2025. Whether you’re actively searching for a high‑end property or simply keeping an eye on market performance, understanding the latest data in this $2M–$5M segment is essential for making strategic decisions.
Price Per Square Foot: The Most Reliable Benchmark for Luxury Homes
Luxury single‑family homes in San Diego County are best compared using Price Per Square Foot (PPSF), as property size, upgrades, and lot uniqueness can vary dramatically. As of the latest data:
- $1009/SF sold, trending up month‑over‑month and down year‑over‑year.
- Still consistent with 2025’s typical PPSF range of $950–$1000/SF.
This aligns with broader luxury‑segment insights highlighted across regional market analyses, including Realtor.com’s San Diego housing metrics, which emphasize PPSF as a key valuation tool.
Sales Volume: A Perfect Match to Last Year
Here’s something remarkable:
Exactly 1,853 homes priced between $2M and $5M have sold so far in 2025—the same number that sold during the same period in 2024.
- April 2025 was the peak month with 212 sales.
- November 2025 marked the slowest point with 125 sales.
This level of consistency suggests buyer confidence remains strong in the luxury market.
New Listings: Supply Tightening Through the Second Half of 2025
Inventory has fluctuated considerably throughout the past seven months:
| Month |
New Listings ($2M–$5M) |
| November |
182 homes |
| October |
264 homes |
| September |
246 homes |
| August |
245 homes |
| July |
333 homes |
| June |
336 homes |
| May |
393 homes (2025 peak) |
This downward trend in new listings contributes to the increasingly competitive landscape—mirroring overall tightness reported across premium submarkets in San Diego.
Active Inventory: Down 22% Month‑Over‑Month
As of December 18, 2025, there are:
411 active properties
priced between $2M and $5M across San Diego County.
This figure represents a 22% drop from last month’s snapshot—an important signal for both buyers and sellers. Fewer active listings typically mean:
- Buyers face more competition.
- High‑quality homes receive faster and stronger offers.
- Sellers potentially benefit from reduced inventory pressure.
Current luxury‑focused reports confirm that well‑positioned properties continue attracting motivated buyers even as the year winds down.
What This Means If You’re Buying or Selling
If you’re a buyer…
You’re navigating a tightening luxury market, and strategy matters more than ever. With fewer new listings and strong PPSF trends, securing the right property requires:
- Clear search parameters
- Fast decision‑making
- Strong negotiation guidance
If you’re a seller…
You may be in the best position you’ve seen all year. A 22% listing drop creates an opportunity to command maximum exposure and favorable pricing.
Ready to Explore the Market?
With 411 luxury properties currently available—each with unique features, architecture, and locations—there’s no shortage of opportunities. If you’d like to tour any of these homes or discuss your goals, I’m here to help.
Let’s build a game plan that aligns with your lifestyle, investment strategy, and long‑term vision.
San Diego’s $2M–$5M Luxury Home Market: December 2025 Update You Need to Know
The luxury real estate market in San Diego County continues to show its resilience, nuance, and unmistakable appeal heading into the end of 2025. Whether you’re actively searching for a high‑end property or simply keeping an eye on market performance, understanding the latest data in this $2M–$5M segment is essential for making strategic decisions.
Price Per Square Foot: The Most Reliable Benchmark for Luxury Homes
Luxury single‑family homes in San Diego County are best compared using Price Per Square Foot (PPSF), as property size, upgrades, and lot uniqueness can vary dramatically. As of the latest data:
This aligns with broader luxury‑segment insights highlighted across regional market analyses, including Realtor.com’s San Diego housing metrics, which emphasize PPSF as a key valuation tool.
Sales Volume: A Perfect Match to Last Year
Here’s something remarkable:
Exactly 1,853 homes priced between $2M and $5M have sold so far in 2025—the same number that sold during the same period in 2024.
This level of consistency suggests buyer confidence remains strong in the luxury market.
New Listings: Supply Tightening Through the Second Half of 2025
Inventory has fluctuated considerably throughout the past seven months:
This downward trend in new listings contributes to the increasingly competitive landscape—mirroring overall tightness reported across premium submarkets in San Diego.
Active Inventory: Down 22% Month‑Over‑Month
As of December 18, 2025, there are:
411 active properties
priced between $2M and $5M across San Diego County.
This figure represents a 22% drop from last month’s snapshot—an important signal for both buyers and sellers. Fewer active listings typically mean:
Current luxury‑focused reports confirm that well‑positioned properties continue attracting motivated buyers even as the year winds down.
What This Means If You’re Buying or Selling
If you’re a buyer…
You’re navigating a tightening luxury market, and strategy matters more than ever. With fewer new listings and strong PPSF trends, securing the right property requires:
If you’re a seller…
You may be in the best position you’ve seen all year. A 22% listing drop creates an opportunity to command maximum exposure and favorable pricing.
Ready to Explore the Market?
With 411 luxury properties currently available—each with unique features, architecture, and locations—there’s no shortage of opportunities. If you’d like to tour any of these homes or discuss your goals, I’m here to help.
Let’s build a game plan that aligns with your lifestyle, investment strategy, and long‑term vision.