September 2026
Point Loma Market Report
Shirin’s Take
The attached price jump needs a closer look.
September brought a wider gap between Point Loma’s detached and attached markets. Detached homes had 2.7 months of supply, compared with 4.6 months for attached homes. The attached median rose sharply, but with only three closings, that headline needs context before anyone uses it to estimate a home’s value.
September 2026
Detached Homes
Point Loma · ZIP Code 92106
Eleven detached homes closed in September, with a median sale price of $1,995,000. That was 5.0% above September 2025, while the year-to-date median of $1,892,500 was down 0.4%. The monthly increase should be read alongside that broader context.
Inventory was close to last year’s level: 30 homes for sale versus 31. Homes that sold spent an average of 28 days on the market and received 97.8% of their original list price. Pending sales fell from 12 to five, a more pronounced change than we saw in inventory or market time.
For Buyers
With 30 detached homes available and 2.7 months of supply, compare each property with recent similar sales. The countywide or ZIP-code median cannot tell you whether an individual asking price is reasonable.
For Sellers
The 28-day average describes homes that sold, not every home currently listed. Use comparable sales and competing listings to set your price rather than assuming the higher monthly median supports an increase.
September 2026
Attached Homes
Point Loma · ZIP Code 92106
The attached median was $1,325,000, compared with $785,000 last September. Both months had just three closed sales. That 68.8% increase describes the median of those sales; it does not establish that attached home values across Point Loma rose by the same amount. The year-to-date median was $1,097,450, up a much smaller 2.8%.
There were 16 attached homes for sale, up from 12, and supply increased from 2.8 to 4.6 months. Closed homes spent an average of 51 days on the market, compared with 32 last September. Sellers received 99.2% of original list price, but that figure also reflects only three sales and excludes concessions.
For Buyers
The higher inventory and longer market time suggest more room to compare options, although negotiating room will depend on the specific home. Review HOA costs, condition and comparable sales before setting your offer.
For Sellers
Do not use the 68.8% median increase as a pricing shortcut. With three closings, property-specific comparisons are especially important. Review the homes buyers can choose instead of yours as well as recent sales.
Looking Ahead
Pending sales deserve attention.
Pending counts were lower than last September in both categories. I will be watching whether that continues and how it affects future closings. For now, the detached and attached markets warrant separate assessments, especially given the small number of attached sales.
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Local Market Reports
Have a Question About Your Market?
Let's put the numbers in context.
If you want to understand where your property fits in the current market, or what buying in San Diego realistically looks like at a specific price point, I'm happy to take a closer look with you.
Shirin Kheshti · Broker Associate · Coldwell Banker West
DRE #01848250 · 858.750.5753 ·
Shirin@TheSDHome.com
Source: Greater San Diego Association of REALTORS® Local Market Update for September 2026, ZIP code 92106; San Diego MLS data, current as of October 5, 2026. Detached and attached homes are reported separately. Monthly comparisons are September 2026 versus September 2025; year-to-date comparisons are through September. Median sale price and original-list-price ratio exclude concessions and downpayment assistance. Percentage changes reproduce the source’s rounded figures. Changes in list-price ratios are stated in percentage points: detached 97.8% − 97.6% = 0.2 points; attached 99.2% − 95.7% = 3.5 points. The source reports relative changes of 0.2% and 3.7%, respectively. Small samples and the mix of properties sold can affect medians. ZIP 92106 does not represent every area commonly described as Point Loma. Each office independently owned and operated. Equal Housing Opportunity.