Point Loma 92106 | June 2026 Market Report

Monthly Market Report

Point Loma — 92106

June 2026  |  Detached Homes

Data period: June 2026 Source: SDMLS via InfoSparks Property type: Detached Published: July 2026

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Detached Homes

92106  |  June 2026

Small sample size notice. June 2026 recorded 10 closed detached sales in 92106. At this volume, a few high-end transactions move the median sharply, so median price should be read as a directional indicator rather than a precise measure of value change. The list-price ratio and price per square foot are more reliable reads this month.
Sold Listings
10
-37.5% vs. June 2025
Active Listings
36
-25.0% vs. June 2025
Months Supply
3.0
-31.8% vs. June 2025
Pending Sales
14 +27.3% YoY
Avg. Days on Market
16 days -36.0% YoY
Avg. Active Market Time
20 days Active listings
Avg. % of Original List Price
104.1% Selling above list
Read the ratio, not the median. The median rose to $2,972,500 from $1,841,300 a year ago, but that jump is built on only 10 sales weighted toward the high end, not a 61% rise in what any given home is worth. The steadier signals point the same direction more honestly: homes closed at 104.1% of original list, price per square foot reached $1,040, up 11.2% year over year, and the average home sold in 16 days. Point Loma is competitive and pricing firm, just not by the amount the raw median implies.

The most trustworthy read on Point Loma this June is the list-price ratio. Detached homes closed at 104.1% of their original asking price, meaning the typical seller took an offer above where they listed. Pair that with 16 average days on market and $1,040 per square foot, and the picture is a market where well-presented homes are drawing quick, competitive offers.

Inventory stayed thin. Active listings fell to 36 from 48 a year ago, new listings came in at just 19, and months of supply sits around 3.0. Only 10 homes closed, down from 16 last June, which says less about demand cooling than about how few homes were available to buy. Pending sales actually rose to 14, so buyers are still stepping in when the right home appears.

Going forward, the median will stay noisy at this volume. One or two waterfront or new-construction sales can swing it several hundred thousand dollars in either direction. Watch the list-price ratio and days on market for the real trend. As long as homes keep clearing above list in under three weeks, sellers hold the leverage here.

If you are buying

Point Loma is trading above list with fast timelines, so plan to compete rather than negotiate down. At around 3.0 months of supply and only 19 new listings this month, options are limited and the strongest homes go first. Line up financing before you tour, decide your true ceiling in advance, and be ready to write cleanly and quickly on the home that fits.

If you are selling

Conditions favor you. Buyers paid 104.1% of original list on average and moved in 16 days, so a well-prepared home priced to real comps can draw multiple offers. Do not price off the headline median, which is inflated by a handful of high-end sales. Price to your home's actual comparables and let the competition build from there.

If you want to understand where your property fits in this market, or what buying in Point Loma 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