ZIP 92123 Housing Market Report
San Diego Metro
Report period: March 2026
92123 Monthly Market Update – March 2026
ZIP 92123 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$975,000
+2.6%
Median DOM (Sales)
20
−25.9%
New Listings (Sales)
11
−31.3%
Median Rent
$3,260
+2.2%
Median DOM (Rental)
1
0.0%
Total Rental Listings
338
−0.3%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (15 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 8 Beds ($2,120,000 median)
Sales Market Overview
Median Price
$975,000
+2.6%
Median DOM
20
−25.9%
New Listings
11
−31.3%
Inventory
68
+13.3%
- Average Price: $977,152
- Median Price: $975,000
- Price Range: $325,000 – $2,645,000
- Price per Sq Ft (Avg/Median): $651 / $655
- Square Footage (Avg/Median): 1,505 / 1,475
- Square Footage Range: 441 – 3,463
- Days on Market (Avg/Median): 44 / 20
- Days on Market Range: 2 – 175
- New Listings: 11
- Total Listings: 68
Sales by Property Type
Condo
Avg/Median Price$651,095 / $624,500Range$325,000 – $1,100,000Price per Sq Ft$571 / $565Sq Ft1,155 / 1,126DOM52 / 23New3Total22
Multi-Family
Avg/Median Price$2,645,000 / $2,645,000Range$2,645,000 – $2,645,000Price per Sq Ft$789 / $789Sq Ft3,353 / 3,353DOM57 / 57New0Total1
Single Family
Avg/Median Price$1,099,494 / $1,050,000Range$754,876 – $2,120,000Price per Sq Ft$687 / $682Sq Ft1,634 / 1,600DOM40 / 15New8Total45
Sales by Bedroom Count
1 Beds
Avg:$337,500Median:$325,000Range:$325,000 – $350,000PSF:$669 / $601Sq Ft:512 / 441DOM:20 / 12New:0Total:2
2 Beds
Avg:$621,900Median:$579,000Range:$439,000 – $924,900PSF:$566 / $560Sq Ft:1,100 / 1,002DOM:52 / 21New:3Total:12
3 Beds
Avg:$935,086Median:$975,000Range:$624,500 – $1,125,000PSF:$683 / $680Sq Ft:1,384 / 1,400DOM:47 / 13New:4Total:24
4 Beds
Avg:$1,087,127Median:$1,079,900Range:$524,900 – $1,695,000PSF:$664 / $662Sq Ft:1,656 / 1,640DOM:36 / 16New:3Total:20
5 Beds
Avg:$1,169,861Median:$1,249,999Range:$895,000 – $1,350,000PSF:$633 / $611Sq Ft:1,865 / 1,766DOM:53 / 20New:0Total:8
8 Beds
Avg:$2,382,500Median:$2,120,000Range:$2,120,000 – $2,645,000PSF:$701 / $612Sq Ft:3,408 / 3,353DOM:32 / 7New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $337,500 | $325,000 | $325,000 – $350,000 | $669 / $601 | 512 / 441 | 20 / 12 | 0 | 2 |
| 2 Beds | $621,900 | $579,000 | $439,000 – $924,900 | $566 / $560 | 1,100 / 1,002 | 52 / 21 | 3 | 12 |
| 3 Beds | $935,086 | $975,000 | $624,500 – $1,125,000 | $683 / $680 | 1,384 / 1,400 | 47 / 13 | 4 | 24 |
| 4 Beds | $1,087,127 | $1,079,900 | $524,900 – $1,695,000 | $664 / $662 | 1,656 / 1,640 | 36 / 16 | 3 | 20 |
| 5 Beds | $1,169,861 | $1,249,999 | $895,000 – $1,350,000 | $633 / $611 | 1,865 / 1,766 | 53 / 20 | 0 | 8 |
| 8 Beds | $2,382,500 | $2,120,000 | $2,120,000 – $2,645,000 | $701 / $612 | 3,408 / 3,353 | 32 / 7 | 1 | 2 |
Rental Market Overview
Median Rent
$3,260
+2.2%
Median DOM
1
0.0%
New Listings
216
Inventory
338
−0.3%
- Average Rent: $3,384
- Median Rent: $3,260
- Rent Range: $1,600 – $9,990
- Rent per Sq Ft (Avg/Median): $4 / $3
- Square Footage (Avg/Median): 982 / 1,000
- Square Footage Range: 275 – 2,789
- Days on Market (Avg/Median): 6 / 1
- Days on Market Range: 1 – 298
- New Listings: 216
- Total Listings: 338
Rentals by Property Type
Apartment
$3,230
Median DOM: 1
Inventory: 298
MoM: +2.2%
Condo
$3,100
Median DOM: 1
Inventory: 6
MoM: +2.2%
Single Family
$4,250
Median DOM: 1
Inventory: 30
MoM: +2.2%
Townhouse
$3,450
Median DOM: 1
Inventory: 4
MoM: +2.2%
Apartment
Avg/Median Rent$3,285 / $3,230Range$1,600 – $9,990Rent per Sq Ft$4 / $3Sq Ft931 / 950DOM4 / 1New202Total298
Condo
Avg/Median Rent$3,039 / $3,100Range$2,395 – $3,800Rent per Sq Ft$4 / $3Sq Ft932 / 970DOM21 / 1New3Total6
Single Family
Avg/Median Rent$4,399 / $4,250Range$2,125 – $8,750Rent per Sq Ft$3 / $3Sq Ft1,425 / 1,296DOM18 / 1New11Total30
Townhouse
Avg/Median Rent$3,685 / $3,450Range$2,895 – $4,295Rent per Sq Ft$3 / $3Sq Ft1,406 / 1,267DOM9 / 1New0Total4
Rentals by Bedroom Count
Studio
Avg:$2,409Median:$2,482Range:$1,600 – $3,091PSF:$5 / $5Sq Ft:542 / 546DOM:30 / 1New:16Total:24
1 Beds
Avg:$2,977Median:$2,810Range:$1,850 – $9,870PSF:$4 / $4Sq Ft:714 / 728DOM:4 / 1New:74Total:113
2 Beds
Avg:$3,447Median:$3,450Range:$2,125 – $9,990PSF:$3 / $3Sq Ft:1,074 / 1,094DOM:1 / 1New:98Total:147
3 Beds
Avg:$4,367Median:$4,250Range:$3,100 – $8,750PSF:$3 / $3Sq Ft:1,389 / 1,384DOM:8 / 1New:26Total:47
4 Beds
Avg:$5,258Median:$5,000Range:$4,300 – $6,000PSF:$3 / $3Sq Ft:1,870 / 1,643DOM:21 / 22New:1Total:6
6 Beds
Avg:$6,100Median:$6,100Range:$6,100 – $6,100PSF:$2 / $2Sq Ft:2,600 / 2,600DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,409 | $2,482 | $1,600 – $3,091 | $5 / $5 | 542 / 546 | 30 / 1 | 16 | 24 |
| 1 Beds | $2,977 | $2,810 | $1,850 – $9,870 | $4 / $4 | 714 / 728 | 4 / 1 | 74 | 113 |
| 2 Beds | $3,447 | $3,450 | $2,125 – $9,990 | $3 / $3 | 1,074 / 1,094 | 1 / 1 | 98 | 147 |
| 3 Beds | $4,367 | $4,250 | $3,100 – $8,750 | $3 / $3 | 1,389 / 1,384 | 8 / 1 | 26 | 47 |
| 4 Beds | $5,258 | $5,000 | $4,300 – $6,000 | $3 / $3 | 1,870 / 1,643 | 21 / 22 | 1 | 6 |
| 6 Beds | $6,100 | $6,100 | $6,100 – $6,100 | $2 / $2 | 2,600 / 2,600 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$970,000Median DOM:29New:26Total:88
Nov 2025
Median Price:$970,000Median DOM:37New:12Total:81
Dec 2025
Median Price:$959,900Median DOM:61New:8Total:54
Jan 2026
Median Price:$924,900Median DOM:29New:20Total:59
Feb 2026
Median Price:$949,900Median DOM:27New:16Total:60
Mar 2026
Median Price:$975,000Median DOM:20New:11Total:68
6-Month Rental Trend
Oct 2025
Median Rent:$3,273Median DOM:1New:218Total:298
Nov 2025
Median Rent:$3,293Median DOM:1New:184Total:292
Dec 2025
Median Rent:$3,152Median DOM:1New:187Total:281
Jan 2026
Median Rent:$3,181Median DOM:1New:222Total:290
Feb 2026
Median Rent:$3,191Median DOM:1New:240Total:339
Mar 2026
Median Rent:$3,260Median DOM:1New:216Total:338
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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