Market Update

Market updates

One letter a month for each market I follow, with the numbers behind it.

Published October 2, 2026 in Market Update · Primary market

Sales rose in South County even with mortgage rates above 7%

The Real Estate Data Aggregator counted 1,618 homes sold across the Primary market in the three months ending July 31, 2026, up 6.8% from a year before, even as Freddie Mac put the 30-year fixed rate at 7.28% on October 1, 2026.

MGBy Momi Gonzales
Homes sold
Up 6.8% year over year
Homes for sale
Down 3.4% year over year
New listings
Up 4.3% year over year
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Published September 25, 2026 in Market Update · Primary market

Concessions are common across San Diego, but many parts of this market still move fast

Buyers are asking for help at closing more often, yet supply stays tight and sales stay quick across most of this market.

MGBy Momi Gonzales
Homes for sale
up 86.2% from a year before
Months of supply
up 2.3 months year over year
Sold above list
down 3.7 points year over year
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