San Diego, California started 2024 with a total of 323 single-family homes on the market, with a median home price of $1,350,000 and an average price per square foot of $850.20. By the end of the year, inventory had increased to 524 homes on the market (+62%), with a median home price of $1,395,000 (+3%), and an average price per square foot of $859 (+1%).
At the start of 2024, the median days on market (DOM) was 49 days – by the end of the year, median DOM had increased to 56 days.
San Diego, California started the year with 33.44% of homes taking a price cut. (For reference, 35% is the national average for price reductions in a "normal" year.) By the end of the year, about 38.36% of homes for sale had taken a price cut.
