Monthly Market Report
Bankers Hill / Mission Hills — 92103
April 2026 | Single-Family Detached & Attached / Townhome
Section 1 of 2
Single-Family Detached
92103 | April 2026
The 92103 detached market closed 15 homes in April at a median of $1,985,000, up 29.3% from a year ago. With 22 pending contracts against 26 active listings, the pending-to-active ratio is near 85%, meaning most of what is on the market already has a buyer in process. Supply is down 42.2% from April 2025, and months of inventory has compressed to 2.2.
The 42.2% drop in active listings compared to April 2025 is the structural story. Last year, sellers had more company on the market. This year, supply has contracted sharply, which helps explain the price appreciation even as days on market have lengthened. Fewer listings means less competition among sellers but also less selection for buyers, which can extend the time any individual property sits while buyers weigh their limited options.
If you are buying
26 active listings is a limited pool, and active inventory is down 42% from last year. With 22 homes already in contract, your realistic options are fewer than the headline count suggests. Homes priced accurately are closing near asking, so strong offers on correctly priced properties are the path forward.
If you are selling
Supply is tighter than last year, pending activity has more than doubled, and the median price is up nearly 30%. At 2.2 months of supply, this is a seller's market. Accurate pricing at launch captures that demand. Overpriced listings are sitting, and this market will sort them out.
Section 2 of 2
Townhomes, Rowhouses & Attached
92103 | April 2026
The 92103 attached segment closed 16 homes in April against 77 active listings, giving a pending-to-active ratio near 31%. Buyers here have options and know it. Months of supply expanded to 4.6, up 35% from a year ago, which puts this segment in balanced-to-buyer territory.
The decline in closed volume from 22 to 16 is the more meaningful signal, pointing to selectivity rather than distress. The 98.6% list-price ratio confirms that sellers who priced correctly are still closing well. Entering the market above value in this environment means sitting, and sitting means price reductions.
If you are buying
77 active listings and 4.6 months of supply give you real negotiating leverage. Properties that have been sitting have room to move on price and terms. The 34-day average on closed sales tells you that correctly priced homes are not dragging.
If you are selling
You have more competition than you did a year ago. 77 active listings and 4.6 months of supply means buyers are comparing. The 98.6% list-price ratio confirms correctly priced properties are closing well. Overpriced listings are sitting.
If you want to understand where your property fits in this market, or what buying in Bankers Hill or Mission Hills realistically looks like at a specific price point, I am happy to walk through it with you.
Shirin Kheshti
Broker Associate | Coldwell Banker West
DRE #01848250 | 858.750.5753 | Shirin@TheSDHome.com