New housing data shows encouraging momentum for both San Diego County and the state of California. The California Association of Realtors reported that home sales increased again last month, reaching the strongest statewide pace since February.

In San Diego County, closed escrows for existing single-family homes rose 2.9 percent from September to October. Compared to last year, sales were up 6.1 percent, suggesting growing buyer activity as the market heads closer to 2026.

Statewide numbers followed the same pattern. October home sales increased 1.9 percent month-over-month and 4.1 percent year-over-year, extending a three-month stretch of rising demand.

CAR President Tamara Suminski shared that even with recent mortgage rate fluctuations, buyers remain engaged and the market is maintaining steady movement. She noted that price growth across the state has remained manageable, creating a healthier balance between buyers and sellers as the market stabilizes. Seasonal adjustments were applied to all sales data to reflect typical yearly patterns.

San Diego Home Prices Show a Mild Dip

While sales activity increased, San Diego experienced a slight easing in prices. The median price for an existing single-family home in October was $985,000, a 0.5 percent decrease from the previous month and 2.5 percent lower than last year.

Imperial County reported an average home price of $400,000, down 12.5 percent month-over-month but still 2.6 percent higher year-over-year.

Statewide, the median home price reached $886,960 in October. That reflects a 0.4 percent increase from September and a small 0.2 percent decline from the same period last year.

Home prices across California vary widely. San Mateo County recorded the highest median price at $2,189,500, while Trinity County came in lowest at $250,000.

What These Trends Mean for San Diego Buyers and Sellers

The combination of rising home sales and modest price adjustments points to a market that is active yet more balanced than in previous years. Buyers may find slightly more negotiating room, while sellers still benefit from strong demand throughout San Diego County.

Looking ahead into 2026, these patterns suggest continued stability, steady buyer interest, and a market environment that supports well-informed decisions on both sides of a transaction.

If you want help understanding what these trends mean for your neighborhood or your goals in the San Diego market, we're here anytime to guide you through the numbers and next steps.