June Market Updates

Investor Insights | Sourced by Industries Capital

At Industries Capital, we monitor real estate trends, capital markets, and interest rate policies to help investors make informed decisions. Here’s what we’re seeing now:

Rental Market:

• San Diego County rents increased by 4.1% year-over-year, following a 7% decline in 2024. The City of San Diego itself saw a sharper 9.3% rent increase over the same period.

• Vacancy rates remain historically low, with county-wide vacancy falling to 3.6%, and the City of San Diego at just 3.12%. This suggests a supply-constrained rental market.

Home Prices:

• The median home price in San Diego County in June 2025 reached $877,748, reflecting a 1.6% year-over-year increase.

• Despite rising prices, pending home sales fell by ~6.3% month-over-month, indicating some buyer hesitation at higher prices.

• Active listings increased by 4.9% in June, bringing total inventory to 4,277 homes, providing more choices but still below pre-pandemic levels.

Sales Pace:

• Properties spent an average of 28 days on market, marking a 31% longer sales cycle than one year ago, reflecting more balanced market dynamics.

Economic Context:

• The San Diego metro area saw consumer prices (CPI) rise 3.8% over the past 12 months.

• Shelter costs—a key component of the CPI—rose 5.3%, underscoring continued housing demand despite broader inflationary pressures.