If you live in—or are thinking about moving to—92127, the first months of 2026 continue to reveal a market defined by low inventory, steady buyer demand, and a broader San Diego backdrop that remains resilient. Let’s break down what’s happening locally and how it aligns with wider regional trends.
Inventory: Still Far Below Normal
This past December and January continued the trend of unusually low supply.
- January 2026 saw just 38 new listings, compared to 65 new listings in January 2025—a significant year‑over‑year decline.
- As of 2/9/26, only 37 homes were actively for sale in 92127, ranging $1,099,000 to $10,900,000, with an average asking price of $3.22M and $777/sq ft.
Low supply remains consistent with broader county‑level conditions, where months of inventory remain tight and homes move quickly relative to historic norms. San Diego County’s inventory has been improving year‑over‑year but remains competitive—2025 county data showed inventory rising 34.6% in May vs. April, yet still generally seller‑favored due to high demand.
92127 Pricing Trends:
Average sales prices for January across recent years:
| Year |
Average Sales Price |
| 2026 |
$2.41M |
| 2025 |
$2.94M |
| 2024 |
$2.26M |
| 2023 |
$2.01M |
| 2022 |
$2.03M |
While 2025 was unusually high (partly due to several luxury closings), the 2026 figure of $2.41M remains well above pre‑2024 levels and reinforces the long‑term appreciation trend in 92127.
Broader San Diego data reflects similar resilience—countywide median prices for detached homes hit $1.1M in May 2025, part of a months‑long upward trend.
By December 2025, the median single‑family price across San Diego County reached $1,000,000, up 2.6% year‑over‑year.
Average $/sq ft in 92127:
You noted that price per square foot has “bounced off a 35‑month low”—a sign that buyers are absorbing new pricing levels after a brief softening.
Market Speed: Days on Market & Months of Supply
Even though demand remains high, the average days on market (DOM) for January came in at 48 days, which is above the typical ultra‑fast pace 92127 saw during 2021–2023.
Months of supply:
- Currently sits at 1.7 months—an increase from the ultra‑tight lows earlier in 2025, but still firmly a seller’s market.
December 2025 Single‑Family Sales in 92127
- Highest sale: $5,050,000 ($891/sq ft)
- Lowest sale: $1,065,000 ($732/sq ft)
The high‑end market continues to outperform, driven by lifestyle buyers seeking larger floorplans—consistent with county‑wide luxury activity in areas like Del Mar and North County, where high‑end sales continued even through rate fluctuations.
Why Buyer Interest Remains High in 92127
1. Strong school demand: Poway Unified continues to lead
Families continue targeting the area for its exceptional public schools.
Poway Unified earned an A+ rating and ranked #2 in the San Diego region and #21 in California in the 2026 Niche rankings, with a 93% graduation rate and strong academic proficiency metrics. PUSD also earned top-tier marks across English, Math, and college readiness in the California School Dashboard
These rankings consistently elevate buyer competition in school‑centric neighborhoods like Del Sur, 4S Ranch, Westwood, and parts of Rancho Bernardo.
2. San Diego’s quality of life keeps demand strong
San Diego ranks among the nation’s most desirable metropolitan areas, thanks to:
- 263 sunny days a year, 70 miles of coastline, and a top‑10 national livability ranking.
- A resilient economy—late 2025 unemployment stabilized in the mid‑4% range.
- Ongoing infrastructure investment (airport expansion, R&D district growth, cross‑border improvements).
Lifestyle remains one of the biggest drivers behind North County’s demand.
3. Mortgage rate environment is helping buyers return
Early 2026 data shows:
- 30‑year mortgage rates hovering around ~6.0–6.3%, per Bankrate, WSJ Buy Side, and Zillow/CBS reporting.
- Examples: 6.23% average (Bankrate) on Feb 9, 2026. [wsj.com]
- 5.99% average (Zillow) on Feb 10, 2026.
Rates have eased notably from peaks near 7–7.8% in 2023–early 2025, restoring buying power—and many households expect to refinance again if mid‑5% rates return.
Bottom Line for 92127 Sellers & Buyers
For Sellers
Even with slightly longer DOM, low inventory keeps leverage in your favor. Pricing remains well above long‑term trends, and demand for move‑in‑ready homes—especially in PUSD zones—remains extremely strong.
For Buyers
Updated market conditions actually create opportunity:
- Higher DOM = more negotiation room
- Slightly improved rate environment enhances affordability
- Inventory, while tight, is no longer “zero listings by ZIP code” tight
If you’re upgrading within 92127, this is one of the better windows we’ve had in 2+ years.
Curious about your home’s value—or want to tour 92127 listings?
I’m always here as a resource. Whether you’re exploring the market, preparing to sell, or want a data‑driven valuation, I’d be happy to help.
America’s Finest City Meets Top‑Tier Schools: A 2026 Guide to Buying in Poway Unified
If you live in—or are thinking about moving to—92127, the first months of 2026 continue to reveal a market defined by low inventory, steady buyer demand, and a broader San Diego backdrop that remains resilient. Let’s break down what’s happening locally and how it aligns with wider regional trends.
Inventory: Still Far Below Normal
This past December and January continued the trend of unusually low supply.
Low supply remains consistent with broader county‑level conditions, where months of inventory remain tight and homes move quickly relative to historic norms. San Diego County’s inventory has been improving year‑over‑year but remains competitive—2025 county data showed inventory rising 34.6% in May vs. April, yet still generally seller‑favored due to high demand.
92127 Pricing Trends:
Average sales prices for January across recent years:
While 2025 was unusually high (partly due to several luxury closings), the 2026 figure of $2.41M remains well above pre‑2024 levels and reinforces the long‑term appreciation trend in 92127.
Broader San Diego data reflects similar resilience—countywide median prices for detached homes hit $1.1M in May 2025, part of a months‑long upward trend.
By December 2025, the median single‑family price across San Diego County reached $1,000,000, up 2.6% year‑over‑year.
Average $/sq ft in 92127:
You noted that price per square foot has “bounced off a 35‑month low”—a sign that buyers are absorbing new pricing levels after a brief softening.
Market Speed: Days on Market & Months of Supply
Even though demand remains high, the average days on market (DOM) for January came in at 48 days, which is above the typical ultra‑fast pace 92127 saw during 2021–2023.
Months of supply:
December 2025 Single‑Family Sales in 92127
The high‑end market continues to outperform, driven by lifestyle buyers seeking larger floorplans—consistent with county‑wide luxury activity in areas like Del Mar and North County, where high‑end sales continued even through rate fluctuations.
Why Buyer Interest Remains High in 92127
1. Strong school demand: Poway Unified continues to lead
Families continue targeting the area for its exceptional public schools.
Poway Unified earned an A+ rating and ranked #2 in the San Diego region and #21 in California in the 2026 Niche rankings, with a 93% graduation rate and strong academic proficiency metrics. PUSD also earned top-tier marks across English, Math, and college readiness in the California School Dashboard
These rankings consistently elevate buyer competition in school‑centric neighborhoods like Del Sur, 4S Ranch, Westwood, and parts of Rancho Bernardo.
2. San Diego’s quality of life keeps demand strong
San Diego ranks among the nation’s most desirable metropolitan areas, thanks to:
Lifestyle remains one of the biggest drivers behind North County’s demand.
3. Mortgage rate environment is helping buyers return
Early 2026 data shows:
Rates have eased notably from peaks near 7–7.8% in 2023–early 2025, restoring buying power—and many households expect to refinance again if mid‑5% rates return.
Bottom Line for 92127 Sellers & Buyers
For Sellers
Even with slightly longer DOM, low inventory keeps leverage in your favor. Pricing remains well above long‑term trends, and demand for move‑in‑ready homes—especially in PUSD zones—remains extremely strong.
For Buyers
Updated market conditions actually create opportunity:
If you’re upgrading within 92127, this is one of the better windows we’ve had in 2+ years.
Curious about your home’s value—or want to tour 92127 listings?
I’m always here as a resource. Whether you’re exploring the market, preparing to sell, or want a data‑driven valuation, I’d be happy to help.