University City / UTC · ZIP Code 92122
October 2026 Market Update
Based on September 2026 sales and market activity
Shirin’s Take
Detached sales increased, but last September’s small counts matter.
Detached closings rose from four to nine, and pending sales rose from two to nine. Attached homes moved differently: closings and pending sales declined, while inventory was nearly unchanged. The two property types warrant separate assessments.
September 2026 Statistics
Detached Homes
University City · ZIP Code 92122
Nine detached homes closed at a median of $1,700,000, up 4.6%. Inventory increased from 12 to 21 and new listings rose from four to 17. The large percentage increases partly reflect last September’s small counts, so the actual number of homes matters alongside each percentage.
Homes that closed averaged 20 days on market and received 96.8% of original list price. The year-to-date median was $1,625,000, down 1.4%, providing a broader comparison than the monthly price increase alone.
For Buyers
There are more detached listings than last September, but the 20-day average suggests preparing before the right home appears. Compare each asking price with relevant recent sales.
For Sellers
Larger percentage changes do not automatically mean stronger demand across every price range. Use comparable homes and competing listings to support your asking price.
September 2026 Statistics
Attached Homes
Townhomes + Condos · ZIP Code 92122
Fourteen attached homes closed at a median of $660,000, down 1.1%. Inventory was almost unchanged at 67 homes, with 4.7 months of supply. Pending sales declined from 17 to 12, while closed homes averaged 40 days on market.
New listings increased from 19 to 30. The year-to-date median was $650,000, down 8.7%, so the small monthly decline does not capture the full year-to-date comparison. Sellers received 96.4% of original list price on average.
For Buyers
Attached supply is higher than detached supply. Compare the available units, condition and HOA costs carefully before deciding on an offer.
For Sellers
The monthly median is close to last September’s level, but pending activity is lower. Review competing units and recent comparable sales when setting your price and expectations.
Looking Ahead
What matters next
I will be watching whether the higher detached listing and pending counts continue. For attached homes, the lower pending count is worth following into the next set of closings. One month does not establish a sustained trend, particularly when last year’s comparison includes only a few sales.
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Shirin Kheshti · Broker Associate · Coldwell Banker West
DRE #01848250 · 858.750.5753 ·
Shirin@TheSDHome.com
This October 2026 update uses September 2026 data from the Greater San Diego Association of REALTORS® Local Market Update for ZIP 92122, labeled University City in the source report. San Diego MLS data is current as of October 5, 2026. Monthly changes compare September 2026 with September 2025; year-to-date comparisons are through September. Detached and attached homes are reported separately. Median prices and original-list-price ratios exclude concessions and downpayment assistance. Percentage changes reproduce the source’s rounded figures; list-price-ratio changes are percentage-point differences calculated from the displayed ratios: detached 96.8% minus 97.1% equals -0.3 points; attached 96.4% minus 95.9% equals +0.5 points. Small samples and the mix of homes sold can affect medians. Market time describes closed sales, not all active listings. These figures cover ZIP 92122 and do not isolate University City or UTC subareas individually. Each office independently owned and operated. Equal Housing Opportunity.