ZIP 92123 Housing Market Report
San Diego Metro
Report period: August 2026
92123 Monthly Market Update – August 2026
ZIP 92123 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$979,900
+0.5%
Median DOM (Sales)
25
+4.2%
New Listings (Sales)
6
−76.9%
Median Rent
$3,274
−0.6%
Median DOM (Rental)
1
0.0%
Total Rental Listings
320
−23.4%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (19 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 8 Beds ($2,120,000 median)
Sales Market Overview
Median Price
$979,900
+0.5%
Median DOM
25
+4.2%
New Listings
6
−76.9%
Inventory
76
+4.1%
- Average Price: $916,484
- Median Price: $979,900
- Price Range: $384,000 – $2,120,000
- Price per Sq Ft (Avg/Median): $667 / $638
- Square Footage (Avg/Median): 1,383 / 1,344
- Square Footage Range: 582 – 3,463
- Days on Market (Avg/Median): 44 / 25
- Days on Market Range: 2 – 213
- New Listings: 6
- Total Listings: 76
Sales by Property Type
Condo
Avg/Median Price$606,642 / $564,900Range$384,000 – $999,000Price per Sq Ft$559 / $549Sq Ft1,094 / 1,080DOM54 / 34New2Total26
Single Family
Avg/Median Price$1,110,215 / $1,075,000Range$825,000 – $2,120,000Price per Sq Ft$736 / $699Sq Ft1,560 / 1,411DOM39 / 19New4Total47
Townhouse
Avg/Median Price$566,667 / $550,000Range$475,000 – $675,000Price per Sq Ft$519 / $537Sq Ft1,112 / 977DOM41 / 36New0Total3
Sales by Bedroom Count
1 Beds
Avg:$401,333Median:$405,000Range:$384,000 – $415,000PSF:$647 / $638Sq Ft:622 / 602DOM:58 / 54New:0Total:3
2 Beds
Avg:$570,020Median:$539,000Range:$429,000 – $899,000PSF:$551 / $549Sq Ft:1,034 / 977DOM:58 / 42New:1Total:15
3 Beds
Avg:$962,272Median:$998,000Range:$539,000 – $1,375,000PSF:$716 / $722Sq Ft:1,366 / 1,344DOM:39 / 23New:2Total:39
4 Beds
Avg:$1,106,927Median:$1,099,999Range:$640,000 – $1,610,000PSF:$669 / $652Sq Ft:1,689 / 1,620DOM:43 / 14New:3Total:15
5 Beds
Avg:$1,215,333Median:$1,199,000Range:$1,050,000 – $1,397,000PSF:$642 / $672Sq Ft:1,889 / 1,824DOM:43 / 50New:0Total:3
8 Beds
Avg:$2,120,000Median:$2,120,000Range:$2,120,000 – $2,120,000PSF:$612 / $612Sq Ft:3,463 / 3,463DOM:11 / 11New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $401,333 | $405,000 | $384,000 – $415,000 | $647 / $638 | 622 / 602 | 58 / 54 | 0 | 3 |
| 2 Beds | $570,020 | $539,000 | $429,000 – $899,000 | $551 / $549 | 1,034 / 977 | 58 / 42 | 1 | 15 |
| 3 Beds | $962,272 | $998,000 | $539,000 – $1,375,000 | $716 / $722 | 1,366 / 1,344 | 39 / 23 | 2 | 39 |
| 4 Beds | $1,106,927 | $1,099,999 | $640,000 – $1,610,000 | $669 / $652 | 1,689 / 1,620 | 43 / 14 | 3 | 15 |
| 5 Beds | $1,215,333 | $1,199,000 | $1,050,000 – $1,397,000 | $642 / $672 | 1,889 / 1,824 | 43 / 50 | 0 | 3 |
| 8 Beds | $2,120,000 | $2,120,000 | $2,120,000 – $2,120,000 | $612 / $612 | 3,463 / 3,463 | 11 / 11 | 0 | 1 |
Rental Market Overview
Median Rent
$3,274
−0.6%
Median DOM
1
0.0%
New Listings
188
Inventory
320
−23.4%
- Average Rent: $3,352
- Median Rent: $3,274
- Rent Range: $1,799 – $6,000
- Rent per Sq Ft (Avg/Median): $4 / $4
- Square Footage (Avg/Median): 964 / 977
- Square Footage Range: 300 – 1,954
- Days on Market (Avg/Median): 5 / 1
- Days on Market Range: 1 – 358
- New Listings: 188
- Total Listings: 320
Rentals by Property Type
Apartment
$3,169
Median DOM: 1
Inventory: 271
MoM: −0.6%
Condo
$2,700
Median DOM: 1
Inventory: 15
MoM: −0.6%
Single Family
$4,495
Median DOM: 1
Inventory: 26
MoM: −0.6%
Townhouse
$3,500
Median DOM: 1
Inventory: 7
MoM: −0.6%
Apartment
Avg/Median Rent$3,265 / $3,169Range$1,799 – $5,019Rent per Sq Ft$4 / $4Sq Ft913 / 875DOM3 / 1New171Total271
Condo
Avg/Median Rent$2,839 / $2,700Range$2,090 – $3,695Rent per Sq Ft$3 / $3Sq Ft884 / 912DOM10 / 1New3Total15
Multi-Family
Avg/Median Rent$4,700 / $4,700Range$4,700 – $4,700Rent per Sq Ft$3 / $3Sq Ft1,800 / 1,800DOM20 / 20New0Total1
Single Family
Avg/Median Rent$4,397 / $4,495Range$2,295 – $6,000Rent per Sq Ft$3 / $3Sq Ft1,399 / 1,468DOM23 / 1New11Total26
Townhouse
Avg/Median Rent$3,749 / $3,500Range$2,800 – $4,800Rent per Sq Ft$3 / $3Sq Ft1,418 / 1,336DOM8 / 1New3Total7
Rentals by Bedroom Count
Studio
Avg:$2,399Median:$2,409Range:$1,799 – $2,935PSF:$5 / $4Sq Ft:511 / 532DOM:58 / 1New:5Total:16
1 Beds
Avg:$2,741Median:$2,786Range:$1,850 – $3,506PSF:$4 / $4Sq Ft:710 / 728DOM:1 / 1New:69Total:117
2 Beds
Avg:$3,628Median:$3,687Range:$2,200 – $4,554PSF:$3 / $3Sq Ft:1,077 / 1,096DOM:2 / 1New:95Total:140
3 Beds
Avg:$4,175Median:$4,070Range:$2,950 – $5,700PSF:$3 / $3Sq Ft:1,354 / 1,350DOM:6 / 1New:15Total:35
4 Beds
Avg:$4,945Median:$4,750Range:$3,500 – $6,000PSF:$3 / $3Sq Ft:1,644 / 1,688DOM:23 / 1New:4Total:12
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,399 | $2,409 | $1,799 – $2,935 | $5 / $4 | 511 / 532 | 58 / 1 | 5 | 16 |
| 1 Beds | $2,741 | $2,786 | $1,850 – $3,506 | $4 / $4 | 710 / 728 | 1 / 1 | 69 | 117 |
| 2 Beds | $3,628 | $3,687 | $2,200 – $4,554 | $3 / $3 | 1,077 / 1,096 | 2 / 1 | 95 | 140 |
| 3 Beds | $4,175 | $4,070 | $2,950 – $5,700 | $3 / $3 | 1,354 / 1,350 | 6 / 1 | 15 | 35 |
| 4 Beds | $4,945 | $4,750 | $3,500 – $6,000 | $3 / $3 | 1,644 / 1,688 | 23 / 1 | 4 | 12 |
6-Month Sales Trend
Mar 2026
Median Price:$985,000Median DOM:19New:30Total:66
Apr 2026
Median Price:$975,000Median DOM:21New:24Total:76
May 2026
Median Price:$975,000Median DOM:28New:23Total:79
Jun 2026
Median Price:$974,950Median DOM:25New:24Total:73
Jul 2026
Median Price:$975,000Median DOM:24New:26Total:73
Aug 2026
Median Price:$979,900Median DOM:25New:6Total:76
6-Month Rental Trend
Mar 2026
Median Rent:$3,260Median DOM:1New:226Total:324
Apr 2026
Median Rent:$3,133Median DOM:1New:237Total:335
May 2026
Median Rent:$3,170Median DOM:1New:278Total:368
Jun 2026
Median Rent:$3,135Median DOM:1New:287Total:407
Jul 2026
Median Rent:$3,295Median DOM:1New:279Total:418
Aug 2026
Median Rent:$3,274Median DOM:1New:188Total:320
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, while total rental inventory tightened.
Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.
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