s the San Diego housing market finally finding its balance? 🌊🏡
In this February 2026 market update, Brad & Karen Mattonen break down the latest shifts in the San Diego County real estate landscape. From cooling mortgage rates to the steady climb of home values, we’re looking at a “recalibration” year that offers unique opportunities for both buyers and sellers.
📊 February 2026 Market at a Glance:
Median Home Price: Sitting steady around $899,000 to $915,000 countywide. While we’ve seen a slight year-over-year adjustment, prices remain resilient due to tight supply.
Mortgage Rates: Great news for buyers—the 30-year fixed rate has dipped to an average of 6.09%, significantly lower than the nearly 7% rates we saw this time last year.
Inventory Levels: Active listings are hovering around 3,980 homes. While inventory is up compared to the record lows of previous years, it remains a “Strong Seller’s Market” with only about 2.2 to 3 months of supply.
Days on Market: The pace has normalized, with homes taking an average of 37 to 46 days to go pending. This gives buyers a bit more breathing room to conduct inspections and negotiate.
🔍 What This Means for You:
For Buyers: With rates near the 6% mark, your purchasing power has increased. However, competition remains high in “hot” pockets like Carlsbad, Carmel Valley, and Poway.
For Sellers: Inventory is still your best friend. Properly priced and well-maintained homes are still seeing multiple offers and selling close to (or above) list price.
Whether you’re curious about your home’s value or looking to make a move in America’s Finest City, we’re here to provide the local insight you need to move with confidence.
📞 Let’s Connect!
Brad & Karen Mattonen
Local Insight. Trusted Expertise. Proven Results.
📱 858-518-2875
🌐 HomesinSDCounty.com
