Clairemont / Bay Park — 92117

Clairemont's detached market tightened sharply this July. Active inventory fell 50.0% to 37 homes and months supply was cut more than half to 1.2, one of the leanest readings in this report series. That scarcity is showing up directly in price: the median rose 21.8% to $1,266,000, and sellers pushed past full asking price at 100.3% of original list, up from 96.3% a year ago.

Demand kept pace with the shrinking shelf. Pending sales climbed 48.1% to 40 and closed sales rose 27.3% to 28, while the average time to sell dropped to 16 days from 26. New listings actually came in 10.9% lower than last July, so this is a supply-driven tightening rather than a sudden spike in buyer interest.

With months supply this far under the six-month balance line, 92117 detached is running firmly in seller territory. What to watch is whether new listings pick back up through late summer; if inventory stays this thin, the above-list selling pattern is likely to continue.

The attached side of 92117 stayed calmer than detached. Median price rose a modest 2.5% to $542,500, and sellers again sold above original list at 101.2%, essentially flat with a year ago. Closed sales rose to 8 from 6, though both figures are small enough that month-to-month swings should be expected.

Days on market improved to 12 from 16, and months supply held steady at 4.9, meaningfully looser than the detached market's 1.2. That gap matters if you are choosing between property types in this zip code: attached inventory gives buyers real room to shop, while detached does not.

Watch whether pending activity rebounds from its small-base dip. With months supply near five, this segment sits closer to balanced than tight, and a pickup in pending sales would be the clearest signal that is starting to shift.