September 13, 2026 Market Update in Carmel Valley, San Diego, CA 92130
• Single-Family Home Market: The single-family market remains a strong seller’s market, with properties selling quickly at record prices and a median sales price of around $2.6 million.
• Condominium Market: Condos are experiencing a slowdown, seeing slower sales and lower price traction, with the median sales price holding closer to $1 million.
• Market Divergence: The split between these markets is largely driven by interest rates. First-time buyers (who dominate the condo market) are far more sensitive to higher interest rates, whereas higher-end single-family buyers are less affected by rates and tend to buy based on stock market strength.
Advice for Sellers:
• If you own a single-family home, high demand puts you in a prime position to sell fast and at top dollar.
• For condo sellers, expect longer timelines and ensure your pricing reflects current buyer sensitivity to high borrowing costs.
Advice for Buyers:
• First-time condo buyers should carefully review how current interest rates impact their monthly payments and overall purchasing power.
• Single-family home buyers face stiff competition, so be prepared to act quickly when a property hits the market.
Good News:
• Strong buyer demand at higher price points proves that interest in Carmel Valley real estate remains exceptionally high overall.
If you’re thinking about buying or selling a home in Carmel Valley or anywhere in San Diego, I can help you every step of the way. Please call me, Shirin Rezania Ramos, at 858-345-0685. Let’s make your real estate journey smooth and successful!
What is your home worth? click here.
Homes for sale in Carmel Valley click here.
Shirin Rezania Ramos | 858.345.0685 | www.shirinramos.com | Compass, DRE 0203379
