As we begin the last month of Q2, we see that the real estate market has shifted since the beginning of the year.
Prices are still high – and San Marcos set a new all-time high in April 2025 – median sales price for detached home: $1,340,000. In other North County cities, prices are stable, many close to their all-time highs, most which were set in the past year.
Significant increase in inventory: more and more people are listing their homes for sale. As you can see in the graphs below, the number of available listings has increased consistently in 2025. There has been a 72% increase in detached inventory since mid-January.
Number of days on market: Homes that are priced correctly are still selling quickly, many with competing offers. Today, most listings have an accepted offer within two weeks.
Here are the April 2025 median detached home sales prices, and detached inventory numbers as of 5/22/25:
Carlsbad – $1,935,000
Last all-time high: $1,940,000 – September 2024
Encinitas/Cardiff-by-the-Sea – $2,583,575
All-time high: $3,100,000 – September 2023
San Marcos – New Record – $1,340,000
Last all-time high: $1,297,000 – September 2024
Vista – $970,000
All-time high: $995,000 – March 2025
Oceanside – $952,500
Last record: $1,031,000 – December 2024
Escondido – $869,000
Last all-time high: $1,040,000 – June 2024
Interest Rates
Interest rates haven’t changed much throughout the year. Best rates for most 30-year fixed non-jumbo loans still hover around 6.75-7.50%.
More than ever, your credit score makes a huge difference. If you’re considering buying or refinancing, start with a credit check, to make sure you can secure the best rate possible.
If you own a home, it’s probably worth more than you think. Contact me for a free personalized home valuation, or if you have any other real estate questions. I would love to hear from you!
