48 out of 100. That is where the San Diego metro-area gauge landed for the week ending Sep 19, 2026 (0 favors sellers, 100 favors buyers), and it reads “Balanced”, unchanged from last week. Behind it: months of supply at 3.4 (about the same as 3.4 a week earlier), a price cut on 10% of listings.
What changed
- Months of supply. Months of supply at 3.4 (about the same as 3.4 a week earlier); 6,086 homes were for sale in the metro area.
- Listings against contracts. 495 new listings against 502 the week before, and 409 new pending sales against 414.
- Price reductions. 10% of listings had a price cut, about the same as last week’s 10%.
- Freddie Mac. The Freddie Mac 30-year average was 6.95% (week of Sep 17, 2026), higher than the prior week’s 6.76%.
If you are buying
- Move quickly on the right home: months of supply are at 3.4, which usually means fewer choices.
- With 10% of listings carrying a price cut, it pays to read each listing’s history before you make an offer.
If you are selling
- Supply is arriving faster than contracts: price for the market you see, not the one you remember.
- The number that counts is what your home would sell for. A personal report from Rudy answers that.
Public data can tell you a lot about an area and nothing about a particular house. Treat this as background, and see the market reports for the longer history.