San Diego County - Q2 2025 Market Overview

San Diego's market is seeing a notable increase in inventory — the highest since 2022 — but without a matching rise in sales. This divergence points to softer absorption, though prices have held firm near $900K. Active market time is climbing again, hinting at a slight cooling in buyer urgency. Still, price per square foot remains elevated, suggesting value remains tied to property quality and location. Buyers have more choices, but sellers haven't broadly capitulated on price.