Housing Softens Unevenly, Gas Hovers Near $6, and City Faces $16 Million Parking Ruling
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San Diego County's housing market is showing divergent trends depending on geography and property type. The countywide median sale price over the three months ending in May 2026 stood at $954,000, down 3% year-over-year, while North County recorded median prices up approximately 4.5% over the same period. A total of 2,684 homes sold in May, up from 2,552 the prior year, and active inventory countywide has risen roughly 24% compared to a year ago.
Single-family supply remains approximately 34% below its ten-year average, keeping that segment in seller's territory, while attached properties — condos and townhomes — face above-average inventory and modest price softness. Days on market in North County average around 37 days. Mortgage rates are currently in the low-to-mid 6% range, down nearly half a point from a year ago.
At the pump, San Diego regular unleaded is averaging approximately $5.90 per gallon as of early June, just above the California statewide average of $5.89, with diesel at $7.07. Analysts note a slight downward trend from a recent high of $6.06 recorded by AAA in late May.
A judge has ruled that the City of San Diego illegally collected more than $16 million in late fees and penalties on parking tickets over approximately three years — from February 2022 through March 2025 — finding that required notice rules were not followed. The city is disputing the allegations in the class-action case. The ruling carries potential refund implications and could influence how other California municipalities handle parking ticket notices and penalties.