As we head into the final quarter of the year, we’ve compiled the latest market insights to help you stay informed and guide your clients through today’s dynamic landscape.
Across the country, home sales held relatively steady at an annual pace of about 4 million, while inventory dipped slightly from last month but remains 12% higher than a year ago. Listings are taking longer to move, though demand continues where pricing meets the moment, setting the tone for a more balanced market heading into fall.
Mortgage rates have eased following the Fed’s first rate cut since 2022, bringing the 30-year fixed average to around 6.3%. The shift has started to restore confidence and affordability after months near seven percent, and early signs point to a steadier lending landscape ahead.
Here in San Diego, the market remains steady with inventory up 9% year-over-year, easing some of the pressure from prior years. Homes are taking a bit longer to sell, but quality listings continue to perform well.
Our full Q3 report dives deeper into local trends, pricing shifts, and what’s ahead for the final stretch of 2025. If you’d like to discuss how these trends may affect your pipeline, listings, or buyers, we’d be glad to connect with you!
Click the button below to the full report.
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