Thomas Aleksander's
Market Watch
MAY 2025
San Diego County
MARKET OVERVIEW
Buyer demand—measured by the number of pending sales over the prior month—is nearly identical to the previous two years, yet inventory is up considerably. In April, pending sales of detached homes increased by just 2.2%, while inventory rose by 29.1% compared to the same period last year. For attached homes, pending sales actually decreased by 7.9%, with inventory rising by 60.5%. Given the increased competition, this year is proving to be significantly more challenging for sellers. Demand may have peaked a few weeks ago, while inventory will likely continue to rise steadily through the summer market. The market is expected to cool each week until inventory reaches its peak later in the year.
DETACHED PROPERTIES
ATTACHED PROPERTIES
MONTHS SUPPLY OF INVENTORY
Historically, a 4–6 Months Supply of Inventory (MSI) has been associated with a neutral market — one that doesn't favor either sellers or buyers. A supply of less than 4 months generally favors sellers, while more than 6 months usually favors buyers. MSI can vary significantly between locations, property types, and, as illustrated in the chart below, across different price ranges.
SELLING TODAY
As sellers face the slowest spring market since the COVID lockdown in 2020, careful and deliberate pricing is essential for success. Luxury home sellers, in particular, must tune out the noise suggesting a seller's market in lower price ranges and instead take a calculated approach to the selling process—emphasizing smart pricing, exceptional marketing, and patience. Learn why you should consider our team to sell your home HERE>>
Charts provided by the Greater San Diego Association of Realtors®. All data from the San Diego MLS. Residential real estate activity in San Diego County comprised of single-family properties, townhomes, and condominiums. Percent changes are calculated using rounded figures. Information deemed reliable but not guaranteed.
News & Tips
TOP 5 SALES
Here are five homes in San Diego County that recorded the highest sales prices in April. The top sale was $13,863,000. The properties were represented by a range of brokerages.
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SALES NEAR YOU
Curious about what has recently sold in your community? For a complimentary link to sold properties that match your specific criteria, contact Thomas using the inquiry form below — there is absolutely no obligation.
PROPERTY SEARCH
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IN THE NEWS
Cal Fire has released new Fire Hazard Severity Zone maps. Many homeowners are asking whether the new zones will affect their ability to obtain or maintain insurance.
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JUST SOLD
I'm proud to have represented the sellers of this beautifully appointed model home in the coveted Point Del Mar community. Their trust in our team led to a smooth and successful sale—and another very happy client!
PENTHOUSE AT THE PARK
The Park in Bankers Hills represents the merging of modern architecture, sophisticated interior design, and spectacular views. We recently sold a sub-penthouse in this building. Here is a builder video of a rarely available top-floor unit.
RARE WATERFRONT GEM
A Record Sale by Jay Becker — This sale remains the highest price ever achieved for a home in the history of Coronado Cays (out of approximately 1,000 homes). A stunning waterfront point-lot property and a beautiful video!
YOUR PROPERTY'S JOURNEY
When a listing is marketed through the Sotheby's International Realty network, it immediately embarks on a journey to global exposure. Watch this video if you're considering selling.
WHY SELL WITH US
MILLS ACT TAX SAVINGS
California encourages the preservation of historic properties, offering owners significant property tax reductions. Contact Thomas for a list of available houses and condos.
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