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Market · ZIP code report

92123 San Diego housing market

The median sale price in the 92123 ZIP code fell to $920,000 in the six months to October 2026. About one in three sold above asking, after a median 14 days on the market. About 2.6 months of supply.

May to October 2026 · updated November 2, 2026

ZIP 92123: the six months in numbers

Closed home sales May to October 2026, and the homes for sale on November 2, 2026. Totals and medians only, never a single address.

$920,000Median sale price
$643Median price per sq ft
102Closed sales
14 daysMedian days on market
44Homes for sale now
2.6 monthsMonths of supply

Against the last asking price

  • 37 above asking (about one in three)
  • 17 at asking (exactly one in six)
  • 48 below asking (about half)

What is happening in ZIP 92123

102 homes closed in the 92123 ZIP code in San Diego between May and October 2026. The median sale price was $920,000, or $643 a square foot. The typical home spent 14 days on the market: half sold faster than that, half slower.

About half sold below the last asking price (48 of 102). 17 sold right at asking and 37 above it. Over and under came out close, so the asking price was a fair guide to where homes settled.

The median price was $40,000 below the $960,000 of a year earlier (May to October 2025). There were 23 fewer sales than the 125 of that period. Homes sold at about the same speed (a median of 15 days then).

44 homes were listed for sale in the 92123 ZIP code on November 2, 2026. At the pace homes sold over the last six months, that is about 2.6 months of supply, well under the four to six months usually read as balanced, so sellers hold the stronger hand.

Months of supply is the number of homes for sale divided by the number that sold in a typical month. Four to six months is the range usually read as balanced.

Against a year earlier

May to October 2026 against the same six months a year before (May to October 2025), so the season is the same on both sides.

MeasureMay to October 2026May to October 2025Change
Closed sales10212523 fewer
Median sale price$920,000$960,000Down $40,000
Median price per sq ft$643$642Up $1
Median days on market14 days15 days1 day faster
Sold above asking37436 fewer
Sold below asking48557 fewer

Residential sales that closed May to October 2026, compared with May to October 2025; homes for sale as of November 2, 2026. Covers sales inside ZIP 92123 recorded as San Diego, or under one of the neighborhood names the MLS uses as a city there. Areas with fewer than 8 closed sales in the six months get no report, and a year-earlier comparison shows only when that period also reached 8.

Based on information from California Regional Multiple Listing Service, Inc. as of November 2, 2026 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.