For the first time in years, price reductions are common. In mid-2025, roughly 27.8% of listings underwent price cuts, indicating that sellers are becoming more flexible. Top Neighborhoods for Condo Buyers

Condo inventory has seen significant growth, with active listings in early 2025 surging nearly 47%. This influx has increased the average time on the market to roughly 37 days for attached homes.

Neighborhood selection depends on your priority—whether it’s coastal luxury, urban vibrancy, or relative affordability. San Diego's Emerging Neighborhoods: Where to Invest

As of early 2025, the median price for attached homes (condos/townhomes) was approximately $675,000 , reflecting a modest 3.1% year-over-year increase. By late 2025, some reports indicated a slight softening, with prices dipping roughly 3.7% in certain urban sectors like Downtown.

Buying a condo in San Diego in 2026 presents a market in transition, shifting from a "red-hot" seller's environment toward a more balanced landscape. While detached home prices remain high, the "attached" market—including condos and townhomes—has seen a surge in inventory, providing buyers with more negotiating power and slower price growth compared to previous years.

The market is currently characterized by increased choice for buyers, though affordability remains a challenge due to mortgage rates.