San Diego, CA 92126 Real Estate Market Report

ZIP Code: 92126
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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.

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Market Metrics

Note: 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.

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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.

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Property Taxes

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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.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The neighborhood's primary market indicator, the median sold price, is $1,050,000, which establishes recent transaction-level market value and should be the focal point for pricing decisions.

2. Despite a higher median listing price of $1,182,500, the market shows a pricing gap between seller expectations and closed transactions, which may indicate increased seller concessions or longer negotiation cycles.

3. Liquidity appears muted with a long median days on market of 271, suggesting slower sales velocity and caution for sellers timing listings.

4. Macro and demand signals show prices year-over-year are down, rent year-over-year is down, market temperature is neutral, and interest rate pressure is elevated, which together suggest buyer leverage is increasing while the market moves toward a more balanced-to-cooler stance; use the median price per square foot of $703 and median market rent of $3,100 as contextual comparables when assessing value for both SFR and condo offerings.

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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.

San Diego, CA 92126 Real Estate Market Report

ZIP Code: 92126
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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.

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Market Metrics

Note: 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.

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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.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The neighborhood's primary market indicator, median sold price $625,000, anchors recent value and suggests a modest cooling in transaction pricing relative to listing expectations; price trends are down year‑over‑year, which may indicate increased buyer leverage.

2. Despite a close proximity between median listing price $619,000 and the median sold price, the market shows pricing friction driven by a long median days on market 289, which appears to reflect slower sales velocity rather than immediate distress. neutral market temperature suggests listings are not moving as quickly as during hotter cycles.

3. The median price per square foot $623 signals relatively strong unit pricing on completed transactions, but with rent trends down and a median market rent $2,699, investor ROI assumptions may be under pressure if rental demand softens further.

4. Macro and financing conditions are a headwind: interest rate pressure elevated is increasing holding costs and likely contributing to excess seller concessions and slower buyer urgency; combined with neutral market temperature, this suggests a transition toward a more balanced or buyer‑leaning environment and caution on rapid appreciation.

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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.