What the market means for sellers right now
1. Low inventory is your friend
At roughly 2.4 months of supply, there still aren't enough homes to go around in most of San Diego. Fewer competing listings means a well-priced, well-presented home stands out, and the median 16 days on market says buyers still move quickly when the price is right.
2. But buyers are rate-sensitive, so pricing discipline wins
At 7.28%, buyers are watching every dollar of payment. The homes that stall right now are the overpriced ones; the homes that sell fast are priced to the real, current comps for their specific block. This is not the market to "test a high number", mispricing shows up as days on market, and days on market cost you leverage.
3. The county headline hides your real position
"Median up 7%" tempts some owners to price high. But that's a countywide number blending every neighborhood and price point. It says nothing about what your street is doing. Plenty of pockets are firmly in seller territory, and if you bought before the run-up, your equity is likely far stronger than the headline suggests.
The case for selling now
- Less seller competition, tight supply means your home isn't lost in a crowd of listings.
- Homes still move fast, a median 16 days on market when priced correctly.
- You lock in today's equity, if more inventory or economic softness arrives later, you're already sold.
- Motivated, qualified buyers, the ones still shopping at 7.28% are serious, not tire-kickers.
The case for waiting
- Buying your next home is expensive too, if you're moving up or across town, you take on today's rate on the purchase side.
- If rates fall, demand returns, more buyers could lift prices later… but more sellers list too, so competition cuts both ways.
- Rates just crossed 7%, September's prices were mostly set before that; the next few months could be slower (or not on your block, check yours).
- Life logistics, where you're going and when matters more than shaving the timing.
It's a neighborhood question
"The San Diego market" doesn't set your price, your block does. Supply swings hugely across the county, and that's what determines your leverage:
Detached where applicable; Downtown is condo-heavy. Source: SDAR/CRMLS InfoSparks, Sep 2026. Full data for 40+ communities at mjiq.com.
So, should you sell?
Three honest questions:
- Do you have real equity? If you bought before the recent run-up, you very likely do, and that's what makes a move work at today's rates.
- Do you have a plan for what's next? Moving up, downsizing, relocating, or renting, the "where to" matters as much as the "when."
- Is your specific block moving? Some San Diego pockets are still hot for sellers; others need sharp pricing. Know yours before you list.
Strong equity, a clear next step, and a block that's moving, and now is very likely a good time for you to sell, county headlines aside. The single biggest lever in this market is pricing to the real, current data for your street. That's exactly the read I give people before they list.