Ocean Beach San Diego Real Estate Market Report — Spring 2026

If you own a home in Ocean Beach — or you're thinking about buying here — this is what the market is actually doing right now. Not a national headline. Not an algorithm estimate. Real MLS data pulled directly from 92107 for the rolling three months ending March 2026, broken down by property type.

Single family detached — what the numbers say

Twenty-nine single family homes sold in the 92107 zip code in the rolling three months ending March 2026, compared to 31 in the same window last year — a modest 6.5% dip in transaction volume that reflects broader market normalization, not a distressed market.

The more important story is in the other numbers:

• Median sale price: $1,867,500 — down from $1,975,000 a year ago, but median price per square foot actually increased from $1,076 to $1,118. The median price dip reflects fewer large luxury transactions closing in this window, not depreciation across the board.
• Average days on market: 27 days — down 43% from 47 days last year. Homes are moving significantly faster than they were twelve months ago.
• Sold-to-list ratio: 97.4% — up from 96.2% last year. Sellers are netting more relative to asking price than they were a year ago.

The number that tells the real story — 21 expired listings

In the same 90-day window that produced 29 sales, 21 single family listings in 92107 expired or were withdrawn without selling. That is a 42% failure rate against closed transactions.

This market is not soft. It is selective. Homes that are priced correctly and prepared well are selling in 27 days at 97.4% of asking. Homes that are overpriced are sitting, accumulating days-on-market stigma, and eventually expiring. The gap between a well-executed listing and a poorly positioned one is wider right now than it has been in years.

Condos and townhomes — a different picture

The condo and townhome segment is telling a different story in 92107. Eighteen units sold in the rolling three months ending March 2026 — up 20% from 15 sales in the same period last year. Volume is increasing while prices have softened slightly:

• Median sale price: $812,000 — down from $840,000 a year ago
• Average sale price: $836,011 — up from $794,857, showing stronger performance at the higher end of the condo market
• Median price per square foot: $685 — down from $768 last year, reflecting value opportunities for buyers
• Average days on market: 24 days — down from 28 days last year Sold-to-list ratio: 97% — a slight softening from 99.5% last year

For buyers, the condo segment in 92107 currently offers the best value entry point into Ocean Beach real estate. For condo owners thinking about selling, pricing precision matters more than it did twelve months ago — the 9 expired and withdrawn condo listings in the last 90 days confirm that buyers are comparison-shopping carefully.

Current market activity — what's live right now

As of March 2026, the active inventory picture in 92107 looks like this:

• Single family detached: 24 active listings at a median list price of $2,200,000.
• Average days on market for current actives is 38 days. Six homes pending. Zero under contract. No coming soon inventory queued.
• Condos and townhomes: 13 active listings at a median list price of $595,000.
• Average days on market for current actives is 23 days. Six condos pending. Zero under contract.

At the current pace of roughly 9 to 10 SFD sales per month, 24 active listings represents approximately 2.4 months of supply — still technically a seller's market. But the 21 expired and withdrawn SFD listings are a clear signal that not all of those 24 actives will close. Some are already priced out of reach of where buyers are willing to transact.

What this means if you own a home in Ocean Beach

The data tells a clear story for sellers: execution matters more than timing right now. The homes closing in 27 days at 97.4% of list are not outliers — they are correctly priced, well-presented, and marketed to buyers who weren't already searching on Zillow. The homes sitting at 38-plus days and eventually expiring are the ones that tested the market at aspirational prices without the strategy to back it up.

If you've been thinking about selling, the market is not waiting for you. Inventory is lean, buyers are active, and a well-positioned home in 92107 right now has a real path to multiple offers and a strong net.

What this means if you're buying in Ocean Beach

The condo segment offers the clearest value window in the current market. Prices have softened, volume is increasing, and the 13 active listings give you real options without the desperation-level competition of 2022. On the SFD side, correctly priced homes are still moving fast — if you find a well-priced single family home in OB, expect competition and come prepared with a strong offer structure.

Get a current valuation on your Ocean Beach home

I pull this data every month for the neighborhoods I specialize in. If you want to know exactly what your home is worth in the current 92107 market — and what it could realistically sell for with the right positioning — I offer a free, no-pressure home valuation. My sellers consistently outperform Zestimate, and I back it with a guarantee: beat your Zestimate or I list for free.

Get your free Ocean Beach home valuation → brodytrotter.com/evaluation

Learn more about working with Brody → brodytrotter.com/sandiegorealtor

Brody Trotter is a San Diego real estate agent specializing in Ocean Beach, Point Loma, Pacific Beach, and La Jolla. DRE #02254360. Licensed in California and South Dakota. Data sourced directly from MLS — 92107 zip code, rolling three months ending March 2026.