Market Snapshots and CommentsUncategorized March 26, 2026

Prices Up, Inventory Tight: Key Insights From San Diego’s February Luxury Real Estate Report

Here’s a snapshot of San Diego’s single‑family home market from your February 2026 data. The report tracks year‑to‑date numbers and compares February performance to January, the 3‑month average, and February 2025. The results highlight a market driven by strong buyer demand, rising prices, and meaningful shifts in inventory and sales pace.


1. Home Prices Keep Rising Across the Board

February saw continued upward movement in pricing metrics:

  • Median Sales Price: Up 7.22% from January.
  • Average Sales Price: Up 6.30% from January.
  • Median List Price: Up 3.63%.
  • Average List Price: Up $1.96M, holding near the YTD average.

This solid month‑over‑month growth signals strong buyer demand and a competitive pricing environment. Compared to February 2025, prices are still trending higher—showing a resilient long-term trajectory.


2. Inventory Dropped Sharply, Tightening Market Conditions

Available homes declined significantly:

  • Months of Supply: Down 53.46% from January.
  • New Listings: Up slightly (1.79%), but not enough to meet demand.
  • Properties for Sale: Down 23.39% compared to the 3‑month average.

This reduction in supply is a major factor fueling price increases. With fewer options, buyers are competing harder—often pushing sellers toward favorable terms.


3. Homes Are Selling Faster—and at Stronger Price Ratios

The market is moving:

  • Days on Market: Dropped 20.75% from January (homes selling nearly a week faster).
  • Sales Price–to–List Price Ratio: Holding at 99.1%, showing buyers are paying close to full price.
  • Absorption Rate: Jumped an impressive 113.33% compared to January.

This data reflects a highly active buying pool and a market tilting toward sellers, especially in desirable neighborhoods.

San Diego’s February 2026 real estate data tells a clear story: pricing strength, tight inventory, and accelerating demand. Homes are selling faster and for more money, even as inventory thins—reinforcing a competitive landscape for buyers and a high‑opportunity environment for sellers. If this momentum continues into spring, San Diego is positioned for another strong real estate season.