1 / 20
Price cut: $59,900 (8/5)
VIRTUAL TOUR
$939,000FOR SALE
3 beds · 2 baths · 1,262 sqft
Coldwell Banker West
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39 homes in 92123
Homes for Sale in 92123
San Diego, CA
2638 Murray Ridge Road, San Diego, CA 92123
1 / 34
NEW 8 HRS AGO
OPEN FRIDAY, 5PM - 8PM
$1,029,900FOR SALE
3 beds · 3 baths · 1,756 sqft
CityMark Realty
1 / 20
VIRTUAL TOUR
$1,389,900FOR SALE
3 beds · 3 baths · 2,316 sqft
Compass
1 / 20
VIRTUAL TOUR
$998,000FOR SALE
3 beds · 2 baths · 1,200 sqft
Compass
1 / 20
VIRTUAL TOUR
$1,150,000FOR SALE
4 beds · 2 baths · 1,210 sqft
Real Broker
1 / 20
VIRTUAL TOUR
$2,120,000FOR SALE
8 beds · 6 baths · 3,463 sqft
Sun & Company Inc
1 / 20
OPEN SATURDAY, 5PM - 11PM
VIRTUAL TOUR
$979,900FOR SALE
3 beds · 3 baths · 1,677 sqft
CityMark Realty
1 / 20
Price cut: $49,000 (8/2)
VIRTUAL TOUR
$650,000FOR SALE
3 beds · 3 baths · 1,475 sqft
Elite Real Estate Services, In
1 / 20
Price cut: $16,000 (8/11)
VIRTUAL TOUR
$389,000FOR SALE
1 beds · 1 baths · 582 sqft
eXp Realty of California, Inc.
1 / 37
Price cut: $70,000 (6/1)
VIRTUAL TOUR
$1,179,000FOR SALE
3 beds · 2 baths · 1,396 sqft
Keller Williams Realty
1 / 20
Price cut: $30,100 (8/20)
VIRTUAL TOUR
$999,900FOR SALE
4 beds · 2 baths · 1,185 sqft
Compass
1 / 20
Price cut: $25,000 (8/6)
VIRTUAL TOUR
$1,075,000FOR SALE
3 beds · 2 baths · 1,200 sqft
Compass
1 / 20
Price cut: $25,000 (7/29)
VIRTUAL TOUR
$550,000FOR SALE
2 beds · 2 baths · 977 sqft
CORE Real Estate Services
1 / 20
Price cut: $20,000 (7/5)
VIRTUAL TOUR
$379,000FOR SALE
1 beds · 1 baths · 602 sqft
Real Broker
1 / 34
NEW 8 HRS AGO
$819,000FOR SALE
3 beds · 3 baths · 1,438 sqft
Century 21 Affiliated
1 / 56
NEW 9 HRS AGO
OPEN SUNDAY, 8PM - 11PM
$1,075,000FOR SALE
3 beds · 3 baths · 1,679 sqft
Skoglin Real Estate, Inc.
About 92123 Real Estate
About San Diego: The 92123 ZIP code is in San Diego, CA. San Diego is a city on the Pacific coast of Southern California, adjacent to the Mexico–United States border. It is the eighth-most populous city in the U.S. and second-most populous city in California with a population of over 1.4 million, while the San Diego metropolitan area with over 3.3 million residents is the 18th-largest metropolitan area in the country. San Diego is the county seat of San Diego County. It is known for its mild Mediterranean climate, extensive beaches and parks, long association with the United States Navy, and recent emergence as a wireless, electronics, healthcare, and biotechnology development center.
Today, the 92123 area has 39 homes for sale with a median listing price of $955K. The average price per square foot is $653.
92123 Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.3 months of supply, yet 40% of sellers have trimmed their asking price, and sale prices have eased 6% over the last six months and are 5% below a year ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Buyer leverageBalancedSeller leverage
Median Home Price
$955K
↓ 5% over the past yearChart shows the median closed sale price by month
$1.1M$962.8K$863.9K$765K
Sep 25
Dec 25
Mar 26
Jun 26
Months of Supply
Estimated time to sell all listings at the current sales pace
2.3 months of supply
Tight Supply35 active listings against the current sales pace works out to about 2.3 months of supply.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
2.3
0369+
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~29 days.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
Sales Velocity
How fast homes are selling
Homes are selling quickly, which gives sellers leverage, though prepared buyers can still compete. Homes are moving 31% faster than six months ago.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
New
Active
Aging
Stale
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 92123 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
HomeownersRenters
48%
Homeowners
52%
Renters
Homeownership is 7.5 points lower than the California average (55.5%)
Higher renter rates typically mean more rental inventory and neighborhood turnover.
522,146 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
1 Bed$384K
2 Bed$532K
3 Bed$989K
4 Bed$1.1M
5 Bed$1.1M
Each additional bedroom adds about $185K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$457K)
Price Reductions
14
14 listings have reduced their price
40% of active listings
Average reduction: 3.6% (~$34K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near San Diego
Frequently Asked Questions about Homes for Sale in 92123, CA
How many homes are for sale in 92123, CA?
There are currently 39 homes for sale in 92123, ranging from $379,000 to $2,120,000. 7 of them hit the market within the last week.
What is the median home price in 92123?
The median list price in 92123 is $954,900. Price per square foot averages $653. Prices are down 5.2% compared to a year ago.
How fast do homes sell in 92123?
Homes in 92123 currently average 27 days on the market, a brisk pace where attractive homes are gone within a month.
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