The Big Picture
According to the January 23, 2026 Housing Market Update from the BiggerPockets Podcast, the housing market nationwide — including San Diego — is showing signs of stabilization, not a crash.
Here’s what that means in plain English:
Home Prices: Mostly Flat, Not Falling
- Prices are holding steady in high-demand markets like San Diego
- Some neighborhoods may see small dips, but no widespread price collapse
- Well-priced homes are still selling, especially in desirable coastal and central areas
Translation:
San Diego prices aren’t skyrocketing anymore, but they’re not falling off a cliff either.
Inventory: Slowly Increasing
- More homes are coming on the market compared to the past two years
- Inventory is still below pre-2020 levels
- Buyers have more options, but sellers still have leverage if priced correctly
Translation:
Buyers finally get choices — sellers can’t overprice and expect instant offers.
Mortgage Rates: Elevated but Stabilizing
- Rates remain higher than the 2020–2021 era
- The BiggerPockets update notes that rate volatility is calming
- Buyers are adjusting expectations and using rate buydowns and negotiation strategies
Translation:
Rates are no longer shocking buyers — they’re planning around them.
Buyer & Seller Behavior
- Buyers are more patient and analytical
- Sellers must focus on pricing, condition, and marketing
- Homes that are updated and priced right are still moving
Translation:
This is a strategy market, not an emotional one.
Bottom Line for San Diego
Based on insights shared on the BiggerPockets Podcast (Jan 23, 2026):
- No crash signals
- A calmer, more balanced market
- Smart opportunities for prepared buyers and sellers
Market insights summarized and credited from the January 23, 2026 Housing Market Update episode of the BiggerPockets Podcast. This post reflects a general interpretation of their discussion and is not a direct transcript.
