The San Diego housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have decreased 6.6% in the past month. With 4.8 months of supply, San Diego's inventory levels remain relatively tight. Homes are taking about 39 days to sell, which is 7 days longer than this time last year. A significant 42.7% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 25.7% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the San Diego market with the affordability index at 5.4. Based on current market indicators, home prices in San Diego are projected to increase by approximately 61.2% over the next month.