San Diego Home Prices Rose After Sales Fell. Why?

The San Diego housing market just did something that shouldn't happen: fewer homes sold, and single-family prices still went up. I break down the latest San Diego MLS data on new listings, pending sales, prices, and inventory, and the one number that tells you how long this lasts. New local data every month. Subscribe so you don't miss it. 📌 WHAT'S COVERED: I walk through the September 2026 San Diego housing market data and explain how home sales fell 14% while detached prices rose 5.8%. For the first time in eleven months, detached sellers listed more homes than the year before, while pending sales posted their biggest drop of the past year. I explain why I think supply, not mortgage rates, drove the drop in sales, and when the 7% rates will show up in the data. I also cover why the condo and townhome market has stalled for three years, and where I see the real opportunity for buyers right now. 📊 KEY DATA FROM THIS VIDEO: Closed sales: down 14%, on both the detached and attached side Detached median price: $1,079,000, up 5.8%, the fourth straight month of year-over-year gains Detached new listings: 1,774, up 0.7%, the first year-over-year gain in eleven months Detached pending sales: 1,082, down 16.8%, about 8x the national decline Attached median price: $670,000, down 0.2%, three Septembers of little to no growth Months of supply: 2.4 detached (seller's market) vs. 4.0 attached (balanced) 🏠 WHO THIS IS FOR: If you're thinking about buying a condo or townhome in San Diego, this is where I see the most negotiating room right now. If you own a home in San Diego real estate and you're weighing a sale, this shows you exactly which market you're selling into. 📝 My Preferred Lender, Matt Kish Movement Mortgage 📱 909-434-7091 📨 Matt.Kish@movement.com Want to CONNECT with me Direclty? 📱 Call or Text: 619-829-2908 📨 Email: Karl@YourSanDiegoRealtor.com 📅 Scheduler: https://bit.ly/SchedulewithKarl 💵 Looking for a High Yield Savings Account? Here is the one I use. My affiliate link: https://ally.com/referral?code=7Z7S2B... 💵Do you pay rent? Here is how you can HACK your rent payments for future rent credits or travel/vacations. It's call the BILT reward credit Card. Check out my affiliate link at: https://bilt.page/r/IQVI-PK5I Let's connect on social! Tik Tok: ➡︎ / KarlSanDiego IG: ➡︎ / KarlKyler YT: ➡︎ @KARLisMyRealtor As always, Karl Kyler Your San Diego Realtor DRE 01439839 Exp Realty of Southern Califorina Inc ⏰ Timecodes ⏰ 00:00 Intro