Primary market has more new listings, but fewer homes for sale overall
Here is the one thing that matters most right now. The Real Estate Data Aggregator counted 1,034 new listings across the Primary market in the three months ending July 31, 2026, up 9.8% from a year before. But total homes for sale fell 7.2% to just 634. Fresh listings are arriving, and buyers are moving on them quickly.
Realtor.com reported that active listings nationally rose 6.3% from a year ago, the fastest pace in at least six months. Our market added even more fresh supply, up 9.8%. But because buyers here are acting fast, the total pool of available homes is actually smaller than last year.
Pending sales across the Primary market rose 10% to 827, according to the Real Estate Data Aggregator. That tells you demand is holding. Homes that are priced well are not sitting.
Rates are a real headwind right now
Freddie Mac put the average 30-year fixed rate at 7.28% as of October 1, 2026. The 15-year rate sat at 6.60%. Realtor.com noted that rates crossed 7% in late September for the first time since January 2025, and rose nearly 40 basis points over the four weeks before that.
Nationally, the National Association of Realtors reported existing-home sales fell 2.0% in August 2026. Still, sales are up 1.6% year-to-date through August. The Primary market is outpacing that. The Real Estate Data Aggregator counted 725 homes sold here, up 3.6% from a year ago.
How each ZIP code looked
Not every ZIP moved the same way. Some saw prices rise while others dipped a little. Speed varied too. Here is a side-by-side look.
| 92117 | 92116 | 92107 | 92119 | |
|---|---|---|---|---|
| Median sale price | $1,150,000 | $1,250,000 | $1,400,000 | $979,000 |
| Price change vs. year ago | +11.1% | +8.7% | +12% | +8.8% |
| Median days on market | 15 | 15 | 31 | 19 |
| Sale to list ratio | 99.8% | 99.1% | 98.6% | 100.6% |
| Sold above list | 41.7% | 39.7% | 28.3% | 40.6% |
| 92120 | 92104 | 92020 | 92123 | |
|---|---|---|---|---|
| Median sale price | $1,100,000 | $851,000 | $840,000 | $935,000 |
| Price change vs. year ago | -4.3% | -6.8% | -1.4% | -2.6% |
| Median days on market | 20 | 23 | 29 | 25 |
| Sale to list ratio | 100.2% | 99% | 100.3% | 99.5% |
| Sold above list | 43.1% | 35% | 38.1% | 35.9% |
| 92108 | 92124 | |
|---|---|---|
| Median sale price | $585,750 | $866,000 |
| Price change vs. year ago | -5.3% | -11.2% |
| Median days on market | 35 | 24 |
| Sale to list ratio | 98.1% | 98.6% |
| Sold above list | 22.5% | 18.6% |
Where homes went under contract fastest
Speed is one of the clearest signals in this market. The Real Estate Data Aggregator tracked what share of homes went under contract within two weeks of listing.
- 19211750.4%
- 29212450%
- 39211647.2%
- 49212043.2%
- 59211941.3%
- 69210438.2%
- 79202037.3%
- 89212332.7%
- 99210732.3%
- 109210822.7%
In 92117, the Real Estate Data Aggregator found that 50.4% of homes went under contract within two weeks. That share jumped 18.8 points from a year before. In 92116, the share rose 20.9 points to 47.2%. These are meaningful shifts, not small ones.
92108 moved more slowly. Only 22.7% of homes there went under contract within two weeks, and that share actually fell 1.6 points from a year ago. Months of supply there held at 4.4, unchanged from last year, according to the Real Estate Data Aggregator. That ZIP has more room to negotiate.
New listings rose, but not everywhere
Across the whole Primary market, new listings rose 9.8% to 1,034, the Real Estate Data Aggregator found. But two ZIPs went the other way. In 92123, new listings fell 21.4% to 66. In 92124, they fell 16.7% to 50. Buyers watching those areas have fewer fresh options.
What this means if you own a home here
More new listings give buyers a few more options to watch each week. That is a real change from a year ago. But total supply is still down 7.2%, so sellers who price well are not waiting long.
Prices dipped in some ZIPs, like 92124 (down 11.2%) and 92104 (down 6.8%). They rose in others, like 92107 (up 12%) and 92117 (up 11.1%). The market is not moving as one. Your ZIP code, and even your street, can tell a very different story from the overall numbers.
The Federal Housing Finance Agency reported that U.S. house prices rose 2.1% year over year through the second quarter of 2026, and 0.3% from the first quarter to the second. Locally, the picture is more mixed, depending on where you are.
- New listings in the Primary market rose 9.8% to 1,034 in the three months ending July 31, 2026, per the Real Estate Data Aggregator.
- But homes for sale still fell 7.2% to 634. Buyers have a few more fresh choices, but not a full shift in leverage.
- Rates are above 7%, per Freddie Mac.
- Well-priced homes are still moving fast in most ZIPs.
One street can read very differently from the whole ZIP code. The numbers above are a starting point, not the final word on your home.
Your next step
(619) 519-0683Text me your address and I will send back how your home's ZIP compares with what actually sold near you in the three months ending July 31, 2026. Takes a day, costs nothing.
Text me- Real Estate Data Aggregator numbers for ZIPs 92120, 92119, 92108, 92116, 92104, 92020, 92123, 92117, 92124 and 92107, the three months ending July 31, 2026, compared with the same months of 2025. Real Estate Data Aggregator last updated them on Sep 3, 2026.
- Freddie Mac: Mortgage Rates, read Oct 4, 2026
- National Association of Realtors: Existing-Home Sales, read Oct 4, 2026
- Federal Housing Finance Agency: U.S. House Prices Rise 2.1 Percent Year over Year; Up 0.3 percent Quarter over Quarter | FHFA, Aug 25, 2026
- Redfin: Price-Drop Rate Ticks Up to Record September Rate Amid Strong Buyer’s Market, Sep 30, 2026
- Realtor.com: Weekly Housing Trends: U.S. Market Update (Week Ending Sept. 26, 2026), Oct 1, 2026
- Realtor.com: September 2026 Monthly Housing Trends: Price Cuts Hit 4-Year Highs as Mortgage Rates Top 7%, Sep 30, 2026