San Diego, CA 92117 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market signal is the $1,012,000 median sold price, which represents realized transaction value and highlights a meaningful gap versus the $1,387,000 median listing price—this pricing spread suggests sellers may need to align expectations to recent sale outcomes and pricing friction may persist.
2. The 235 median days on market points to slower sales velocity; extended time-to-contract appears consistent with a market that has moderate transactional churn rather than rapid turnover.
3. The 798 median price per square foot alongside a $2,392 median market rent indicates a high price basis; with prices trending up year-over-year while rent is flat, investors and owners should expect capital appreciation to be the primary return driver rather than immediate rental yield.
4. Market context shows a neutral market temperature with moderate interest rate pressure (30-year average ~6.53%), and inventory has increased such that there is elevated inventory relative to sales activity—this balance suggests opportunities for buyers to negotiate while realized prices remain supported by recent transactions.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.