10/20/2026
Happy Tuesday, San Diego! Kathleen here with what's happening in San Diego this week.
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◆ AVERAGE HOME PRICE DIPS TO $1.05M
San Diego County's average home price was $1.05M in September, down 3.7% from August. Sales fell 12.2% from a year ago.
Source: KPBS/C.A.R., Oct 19, 2026
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◆ 30-YEAR RATE HOLDS AT 7.40%
Freddie Mac's 30-year fixed average was unchanged at 7.40%, vs. 6.27% a year ago. The 15-year is 6.71%.
Source: Freddie Mac, Oct 15, 2026
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◆ MIDWAY RISING: 2,000 AFFORDABLE HOMES
A council committee advanced the 48.5-acre Sports Arena redevelopment on Oct 16. It now goes to the full City Council.
Source: Times of San Diego, Oct 17, 2026
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◆ UNEMPLOYMENT FALLS TO 4.7%
The county jobless rate fell to 4.7% in September from 4.9%, with 19,900 jobs added over the past year.
Source: 10News, Oct 18, 2026
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◆ OPENING: $1.5M GASLAMP SALOON + IZOLA
Copper Cowboy Saloon is planned for 818-822 Fifth Ave (early 2027). IZOLA bakery opens at 9276 Scranton Rd, Sorrento Valley, in December.
Source: SanDiegoVille, Oct 17; Times of SD, Oct 16, 2026
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◆ CLOSING: RINCON BREWERY + UNA MAS
Rincon Reservation Road Brewery in Valley Center closes at the end of October. Una Mas on Adams has closed permanently.
Source: SanDiegoVille, Oct 16, 2026
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Questions about what these numbers mean for your home? Send me a message.