What It’s Like to Be a Home Buyer in San Diego County’s July 2025 Market

North County Real Estate with Natalya
Jul 18
2 min read

San Diego County’s housing market is finding a new balance this summer. Here’s what buyers need to know—and how to win the deal.

1. Mortgage Rates Are Still Near 6.75%

As of July 17 2025, the average 30-year fixed mortgage rate sits at 6.75%, up slightly from 6.72% a week earlier Realtor Freddie Mac. While rates have stabilized below 7% for months, they remain a major factor in affordability.

2. Prices Hover Around $970,000

In June 2025, the median sale price in San Diego County was $970,000, down 4.2% from a year ago but still high compared to longer-term norms Redfin. Buyers need to budget carefully and watch for small price dips.

3. Homes Sell in Under a Month

Properties move quickly—even in summer. The average days on market is just 28 days, up from 16 days last July but still a brisk pace Redfin. That means you may have only a few weeks to decide and craft a competitive offer.

4. Moderate Inventory Gives Buyers Some Breathing Room

With inventory slowly rising, there are more active listings than in spring—but we’re still in a balanced market (roughly 3 months of supply). Buyers who are pre-approved can take advantage of this pause before heat returns in August.

Five Tips for Buyers in Today’s Market

Get Pre-Approved, Not Just Pre-Qualified A full pre-approval shows sellers you’re ready to close. It strengthens your offer and speeds up escrow.
Watch Rates Daily Even small rate bumps can affect your monthly payment by $200–$300. Lock in when you see a dip below 6.75%.
Widen Your Search Radius Expanding from city core to adjacent neighborhoods (e.g., East County or North County) can net more options at better prices.
Craft Strong, Clean Offers–Offer earnest money and a reasonable inspection period– Avoid excessive contingencies–Write a brief, personalized cover letter—sellers still appreciate human touch
Lean on Your Agent’s Network I maintain relationships with local lenders, inspectors, and contractors—so I can smooth every step, from appraisal to move-in.

Ready to Get Started?

Buying a home in San Diego County’s July 2025 market can be challenging—but with the right strategy, you can secure your ideal property at a great price. Reply to this post or visit www.nkrealtysandiego.com for a free consultation. Let’s turn your home-buying goals into reality!