January 2025 San Diego Real Estate Market Update

2025 is off to an exciting start for the San Diego real estate market! Here’s a snapshot of what happened in January:

🏡 New Listings: 3,105 properties added, bringing active listings to 4,163.

📝 Listings in Escrow: 1,758 homes are under contract.

✅ Closed Sales: 1,474 homes closed after an average of just 38 days on market.

💵 Selling at 100% of List Price: Sellers are receiving full asking prices.

📈 Average List Price: $1,187,057—an increase of $81,541 from December 2024!

What Does This Mean?

✅ High Demand & Steady Sales: Homes are selling quickly, showing a strong, competitive market.

✅ Seller Advantage: Sellers continue to benefit from rising list prices and full-price offers.

✅ Buyers Need to Act Fast: With homes moving in just over a month and prices climbing, buyers must be ready to move quickly.

Whether you're looking to sell, buy, or invest, this is an exciting time in San Diego real estate!

Let’s connect to discuss how to make this market work for you. Together, we’ll BUILD your real estate goals in 2025!