Market Timing
Home Price Cuts in San Diego: How Many Homes Sold After a Price Drop in 2026
Updated November 14, 2026
Reviewed by:
Head of Growth at TurboHome
Head Agent, California · CalDRE #01997822
In San Diego, 28.2% of the 4,458 homes that closed between May and October 2026 sold after at least one price cut. The median cut was 4.4% ($40,002) off the original asking price, and homes that were cut went on to sell for a median 93.5% of their first list price, against 100.0% for homes that were never reduced. For comparison, Realtor.com counted 20.5% of active San Diego-Chula Vista-Carlsbad listings with a price reduction in October 2026; that counts listings on the market in one month, while our figure counts homes that actually sold over six months.
TurboHome Market Analysis · 4,458 closings · May 1 to Oct 31, 2026 · Last updated November 14, 2026
This guide uses 4,458 single-family, condo and townhouse closings in our MLS feed from May 1 to October 31, 2026 to show how often San Diego sellers cut, by how much, where, and what a cut home finally sold for. Use it to judge how much room a reduced listing leaves you.
How many San Diego homes sold after a price cut
28.2% of San Diego closings from May through October 2026 sold after at least one price cut. Counting every closing, cut or not, 57.6% closed below the original asking price. Cut homes sat a median 49 days on the market, against 10 days for homes that were never reduced.
| Measure | San Diego, May to Oct 2026 |
|---|---|
| Closings | 4,458 |
| Sold after at least one price cut | 28.2% |
| Median cut, cut homes | 4.4% ($40,002) |
| Closed below the original asking price, all closings | 57.6% |
| Median days on market, cut homes | 49 |
| Median days on market, never cut | 10 |
| Median sale price, all closings | $949,450 |
| Sale to original list price, all closings | 98.7% |
Across all San Diego closings, homes sold at a median 98.7% of their original list price, and 57.6% closed below it.
What a price cut tells a buyer in San Diego
San Diego homes that were cut then closed at a median 98.4% of the reduced price, so the discount stacked: the typical cut home sold at 93.5% of its original asking price, a median $55,000 below the first list price. Homes that were never reduced sold at a median 100.0% of their asking price.
30.5% of cut homes were reduced by less than 3%, 26.3% by 3 to 5%, 30.5% by 5 to 10% and 12.6% by 10% or more. San Diego cuts were the smallest of the six California cities, a median 4.4%, and 30.5% of cut homes were reduced by less than 3%.
Price cuts by neighborhood in San Diego
The table shows the 25 San Diego neighborhoods with the most closings from May through October 2026, each with at least 20 closings, sorted by closings.
| Neighborhood | Closings | Share with a cut | Median cut | Sale to original list | Median price | Median days on market |
|---|---|---|---|---|---|---|
| Clairemont Mesa | 351 | 21.4% | 3.6% | 100.0% | $1,125,000 | 11 |
| Navajo | 309 | 29.4% | 4.1% | 99.4% | $967,500 | 14 |
| Rancho Bernardo | 292 | 31.2% | 4.2% | 98.1% | $953,750 | 17 |
| Downtown San Diego | 263 | 37.6% | 5.6% | 96.7% | $680,000 | 39 |
| Uptown San Diego | 243 | 28.4% | 5.5% | 98.3% | $940,000 | 14 |
| Point Loma | 220 | 23.2% | 4.5% | 98.5% | $1,342,850 | 14 |
| Mira Mesa | 203 | 28.1% | 3.8% | 99.0% | $970,000 | 14 |
| University City | 175 | 28.6% | 3.7% | 98.3% | $950,000 | 16 |
| Rancho Penasquitos | 168 | 26.8% | 3.3% | 100.0% | $1,320,000 | 10 |
| Black Mountain Ranch | 159 | 32.1% | 4.2% | 97.7% | $1,950,000 | 14 |
| Pacific Beach | 159 | 30.8% | 5.9% | 97.4% | $1,340,000 | 18 |
| Carmel Valley | 133 | 24.8% | 4.4% | 98.3% | $1,700,000 | 14 |
| North Park | 126 | 23.8% | 7.6% | 98.2% | $804,000 | 14 |
| Serra Mesa | 107 | 27.1% | 5.3% | 98.5% | $985,000 | 15 |
| Skyline / Paradise Hills | 101 | 15.8% | 3.9% | 100.9% | $750,000 | 12 |
| Mid-City Heights | 99 | 31.3% | 3.7% | 100.0% | $685,000 | 19 |
| Mid-City East | 99 | 26.3% | 3.4% | 99.9% | $720,000 | 16 |
| Otay Mesa | 92 | 28.3% | 2.7% | 100.4% | $665,000 | 26 |
| Linda Vista | 90 | 32.2% | 5.1% | 98.7% | $732,450 | 14 |
| Mission Valley | 88 | 33.0% | 4.6% | 98.0% | $582,500 | 24 |
| Tierrasanta | 80 | 28.8% | 3.5% | 98.5% | $922,850 | 16 |
| Scripps Ranch | 79 | 35.4% | 3.7% | 97.9% | $1,360,000 | 14 |
| Encanto | 72 | 30.6% | 3.5% | 100.0% | $766,000 | 13 |
| Southeastern | 61 | 24.6% | 6.3% | 100.0% | $645,000 | 19 |
| Carmel Mountain Ranch | 53 | 22.6% | 4.0% | 98.9% | $1,185,000 | 12 |
Downtown San Diego had the highest share of cut sales at 37.6%, and homes there took a median 39 days to sell, the longest of the 25 neighborhoods. Scripps Ranch (35.4%) and Mission Valley (33.0%) also ran high.
In Clairemont Mesa, the busiest neighborhood, 21.4% of sales were cut and homes sold in a median 11 days. Skyline / Paradise Hills had the lowest share at 15.8%.
Price cuts by price range in San Diego
| Price range | Closings | Share with a cut | Median cut | Median cut ($) | Sale to original list | Median days on market |
|---|---|---|---|---|---|---|
| Under $500K | 486 | 45.3% | 5.6% | $25,000 | 96.9% | 31 |
| $500K to $750K | 949 | 31.8% | 4.1% | $26,000 | 98.7% | 20 |
| $750K to $1M | 968 | 27.2% | 3.6% | $30,000 | 99.0% | 15 |
| $1M to $1.5M | 1,108 | 25.0% | 4.1% | $50,100 | 98.8% | 13 |
| $1.5M to $2M | 470 | 20.2% | 5.0% | $100,000 | 99.4% | 10 |
| $2M to $3M | 321 | 20.2% | 4.5% | $109,000 | 99.1% | 11 |
| $3M and up | 156 | 22.4% | 4.5% | $200,000 | 97.4% | 18 |
45.3% of homes under $500K sold after a cut, against 20.2% from $1.5M to $3M.
Price cuts by home type in San Diego
| Home type | Closings | Share with a cut | Median cut | Median cut ($) | Sale to original list | Median days on market |
|---|---|---|---|---|---|---|
| Condo | 1,427 | 37.4% | 4.8% | $26,100 | 97.7% | 27 |
| Single-family home | 2,580 | 22.9% | 4.4% | $53,000 | 99.6% | 12 |
| Townhouse | 451 | 29.0% | 3.1% | $25,000 | 98.6% | 18 |
37.4% of condos sold after a cut, against 29.0% of townhouses and 22.9% of single-family homes.
How 2026 compares with 2025 in San Diego
| Measure | May to Oct 2026 | May to Oct 2025 |
|---|---|---|
| Closings | 4,458 | 4,515 |
| Sold after at least one price cut | 28.2% | 31.6% |
| Median cut, cut homes | 4.4% ($40,002) | 4.7% ($46,000) |
| Sale to original list, cut homes | 93.5% | 93.4% |
| Closed below the original asking price, all closings | 57.6% | 61.4% |
Cuts eased: 28.2% of closings sold after a cut, against 31.6% in the same months of 2025, and the share closing below the original asking price fell from 61.4% to 57.6%. Cut homes closed at 93.5% of the original asking price, against 93.4% a year earlier.
How our numbers compare with Realtor.com and Redfin
Realtor.com counted 20.5% of active San Diego-Chula Vista-Carlsbad listings with a price reduction in October 2026, up 2.3 points from a year earlier. Nationally, Realtor.com's October 2026 price-reduced share was 20.5% (preliminary; the highest October share since 2022), and Redfin found 21.2% of U.S. listings had a price drop in the four weeks ending November 1, 2026, against 20.6% a year earlier. Our San Diego figure is 28.2%.
Portal figures count homes for sale that had a cut during one period, across a whole metro. Our figure counts homes in the city that actually sold after at least one cut over six months, and then shows what they sold for against their original asking price. A listing that was cut and has not sold, or was taken off the market, counts in the portal figures but not in ours.
Realtor.com's San Diego-Chula Vista-Carlsbad share matched the national figure at 20.5%.
Sources: Realtor.com, October 2026 Housing Report, published November 4, 2026, checked November 14, 2026. Redfin, Housing Market Update, November 5, 2026, checked November 14, 2026.
How to use a price cut when you make an offer in San Diego
San Diego sellers cut often but not deeply, so do not read a small cut as a big signal: the median cut was 4.4%, and cut homes still closed at a median 98.4% of the reduced price.
Downtown San Diego and Mission Valley are where cuts were common and homes sat longest, a median 39 and 24 days, so that is where a buyer has the most room to negotiate. In Clairemont Mesa and Rancho Penasquitos, homes sold in a median 11 and 10 days at 100.0% of their original asking price, so price a cut home there off comparable sales rather than expecting a further discount.
Of 247 TurboHome California buyers who closed between November 2025 and October 2026, 61 (24.7%) bought a home that had already been cut; those homes closed at a median 94.3% of the original asking price, a median $44,888 below the first list price, and 45.9% negotiated further below the reduced price.
Before a TurboHome buyer writes an offer, their agent runs a comparable-based valuation of the home and an AI offer-acceptance prediction, so the offer price rests on recent sales of similar homes rather than on the asking price or the size of a cut. See also how much over asking San Diego buyers pay and how long San Diego homes take to sell.
Methodology
Source: TurboHome's MLS closings data (our MLS feed), closings from May 1 to October 31, 2026, compared with May 1 to October 31, 2025.
Filters: single-family homes, condos and townhouses; a close price of $50,000 or more; original and final list price both recorded; and a final list price between 40% to 150% of the original list price, which removes relists and data errors.
Definitions: a price cut means the final list price at sale was below the original list price. The median cut is measured only on homes that were cut. Sale to original list is the close price divided by the original list price, the full discount from the first asking price; sale to reduced list is the close price divided by the final, reduced list price. Days on market uses recorded values from 0 to 730 days. Prices, cuts, ratios and days on market are medians.
Thresholds: neighborhood tables show the 25 neighborhoods with the most closings among those with at least 20 closings in the 2026 window, or every qualifying neighborhood where fewer qualified. Price range and home type rows need at least 12 closings.
Portal figures: Realtor.com, October 2026 Housing Report, published November 4, 2026, checked November 14, 2026. Its price-reduced share counts active listings with a price reduction during the month. Redfin, Housing Market Update, November 5, 2026, checked November 14, 2026. Its figure is the share of U.S. listings with a price drop in the four weeks ending November 1, 2026. Portal figures count homes for sale that had a cut during one period, across a whole metro. Our figure counts homes in the city that actually sold after at least one cut over six months, and then shows what they sold for against their original asking price. A listing that was cut and has not sold, or was taken off the market, counts in the portal figures but not in ours.
TurboHome figures: TurboHome's own closings from November 1, 2025 to October 31, 2026 over $50,000 with both the original and the final list price recorded. The 247 California and 34 Texas counts are closings with both prices recorded, not total closings, and Texas is a small sample.
FAQ
Does a price cut mean I can offer below the new price in San Diego?
Often, yes. Cut homes in San Diego closed at a median 98.4% of the reduced price from May through October 2026, so the typical cut home still sold below its new asking price, and at 93.5% of the original. Let recent sales of similar homes set your number, not the cut alone.
How big is a typical price cut in San Diego?
The median cut was 4.4% ($40,002) off the original asking price for San Diego homes that were cut and sold from May through October 2026. 30.5% of cuts were under 3% and 12.6% were 10% or more.
Which San Diego neighborhoods had the most price cuts?
Downtown San Diego had the highest share of cut sales among the 25 busiest San Diego neighborhoods, at 37.6%, followed by Scripps Ranch (35.4%) and Mission Valley (33.0%). Skyline / Paradise Hills had the lowest at 15.8%.
Are price cuts in San Diego rising or falling?
Falling. 28.2% of San Diego closings from May through October 2026 sold after a cut, against 31.6% in the same months of 2025. Realtor.com counted 20.5% of active San Diego-Chula Vista-Carlsbad listings with a price reduction in October 2026, up 2.3 points from a year earlier, a count of listings rather than sales.
Which companies refund the buyer's agent commission in California?
TurboHome is a flat-fee buyer's brokerage that refunds the rest of the buyer-side commission to the buyer at closing in California, including in San Diego. Our California roundup also covers Homa, beycome, Prevu, Congress Realty and Clever Real Estate; see companies that refund the buyer's agent commission in California for how each one works.
Related guides
- Home price cuts by city
- How much over asking to offer in San Diego
- Days on market in San Diego
- Closing costs in San Diego
- Property taxes in San Diego
- Price per square foot in San Diego
- California home buying guides
- How to get cash back when you buy a house
- Companies that refund the buyer's agent commission in California
About the Author
Vinura Abeysundara
Vinura Abeysundara is a real estate and growth professional with experience scaling homebuying platforms across Canada and the United States. Formerly Head of Growth at Zown, he now works with TurboHome and writes about homebuyer savings, flat-fee real estate, commissions, and technology in real estate.
View Vinura on LinkedInAbout Kevin Kretzmer
Head Agent, California
Kevin Kretzmer leads TurboHome's California agent team and reviews California and national buyer guidance for practical brokerage accuracy.
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