How much is for sale, neighborhood by neighborhood
Months of supply is how long the current listings would last at the recent pace of sales. In my reports, under 3 months reads as a seller's market and over 5 as a buyer's market.
| Neighborhood | Sold (90 days) | For sale now | Months of supply | Median price |
|---|---|---|---|---|
| San Carlos | 73 | 41 | 1.7 | $991K |
| Clairemont & Serra Mesa | 236 | 167 | 2.1 | $950K |
| Santee | 125 | 93 | 2.2 | $737K |
| Mira Mesa | 100 | 80 | 2.4 | $970K |
| La Mesa | 154 | 124 | 2.4 | $852K |
| North Park | 72 | 61 | 2.5 | $832K |
| Oceanside | 385 | 328 | 2.6 | $884K |
| Escondido | 233 | 205 | 2.6 | $950K |
| Chula Vista (west) | 163 | 146 | 2.7 | $769K |
| Eastlake & Otay Ranch | 190 | 179 | 2.8 | $900K |
| Point Loma & Ocean Beach | 89 | 90 | 3.0 | $1.65M |
| Spring Valley | 95 | 99 | 3.1 | $785K |
| Mission Hills & Hillcrest | 93 | 104 | 3.4 | $885K |
Tightest: Clairemont & Serra Mesa, San Carlos, Santee, Mira Mesa, North Park, La Mesa, Chula Vista (west), Eastlake & Otay Ranch, Oceanside, Escondido. Expect competition on well-priced homes there.
What a rate change is worth
On a $885K home (Mission Hills & Hillcrest's median) with 20% down, principal and interest is $4,900 a month at 7.32%. If rates fell a full point, it would be $4,400, about $500 less a month. That's real money, but if prices rise while you wait, it can disappear. Refinancing later is possible, but it isn't free and rates may not fall.
Questions that matter more than timing
- Does the full monthly payment, with taxes, insurance and HOA, fit your budget today?
- Will you stay 5 years or more? Buying and selling costs are hard to recover over a shorter stay.
- Do you have savings left after the down payment and closing costs?
Related questions
Will San Diego home prices drop?
I don't predict prices, and anyone who does is guessing. What I track is supply: when homes sit and inventory builds past about 5 months, sellers start cutting. Right now 0 of the 13 neighborhoods I follow are there.
Should I wait for mortgage rates to come down?
Each point lower saves about $500 a month on a $885K home with 20% down. Waiting only pays if prices don't rise while you wait. If the payment works today, buying now and refinancing later if rates fall is one option, but refinancing has costs.
Is it a buyer's or seller's market in San Diego?
It depends on the neighborhood. 10 of the 13 I track have under 3 months of supply, which favors sellers. See the table above for each one.
What is the average mortgage rate right now?
Freddie Mac's survey put the 30-year fixed average at 7.32% for the week of Oct 22, 2026. Your rate depends on your credit, down payment and loan type.
How much do I need to buy a house in San Diego?
It depends on the neighborhood and the loan. I broke it down by neighborhood here: josiahgarciarealtor.com/answers/how-much-money-do-i-need-to-buy-a-house-in-san-diego/
Related answers, guides and reports
Still have a question?
Text me at (559) 977-2596. I answer every one myself, no pressure and no sales pitch.
Sources
Payment math is an estimate, not a loan offer. Talk to a lender for your actual numbers. Josiah Garcia | Real Broker | DRE #02128093.