With home prices climbing across the country and continued economic uncertainty, many San Diegans are wondering if the housing market is about to crash. The good news? Current data indicates that San Diego’s real estate market remains fundamentally stable, although it is noticeably cooler than it has been recently.

Median home prices now fall between $889,000 and $1.01 million depending on the locale. While they may seem high for San Diego County, foreclosure rates, job growth and lending guidelines indicate a robust, mature housing market as opposed to signs of collapse and disaster. Here’s a look at what the numbers are really telling us about housing in San Diego County through 2025.

San Diego County Housing Market Guide

Market Analysis & Outlook

Last updated: June 29, 2025

🏠 Quick Answer

No crash expected in 2025. San Diego’s housing market remains stable with strong fundamentals, low foreclosures, and healthy inventory levels. Current median prices range from $878K-$1.01M depending on area and data source, with homes selling in 16-26 days.

$889K-$1.01M

Median Home Price Range

2.9

Months of Inventory

16-26

Days on Market

357K

Annual Foreclosures

📊 Key Market Indicators

Low Risk

Foreclosure Activity

357K foreclosures vs. 1M+ during 2008 crisis. Strong market stability.

Moderate

Inventory Levels

Market showing signs of softening with increased inventory. Homes taking longer to sell than 2024.

Elevated

Price to Income Ratios

High but historically normal for San Diego. Rate of change is stable.

Conservative

Lending Standards

Strict underwriting creates stable buyer pool, unlike pre-2008 period.

Stable

Employment

Strong job growth in tech, healthcare, defense, and tourism sectors.

📈 2008 vs 2025 Comparison

2008 Crisis

• Sub-prime lending & NINJA loans
• Rampant mortgage fraud
• 1M+ foreclosures annually
• Speculative bubble
• Price declines up to 60%
• Less economic diversification

2025 Market

• Conservative lending standards
• Strict documentation required
• 357K foreclosures annually
• Supply-demand imbalance
• Stable pricing trends
• Diversified economy

🔮 2025-2026 Forecasts

Price Growth

1-3% annually

Inventory

3-4 months supply

Sales Volume

Moderate increases

Market Balance

Slightly favors sellers

💡 Bottom Line

San Diego’s housing market shows maturation and softening rather than distress. Recent data shows median prices ranging from $889K to $1.01M with homes taking 16-26 days to sell, indicating a cooling but stable market with no crash conditions evident.