University City Real Estate Market Update – Fall 2025

How is the 2025 housing market doing in University City? Based on analysis from San Diego real estate agent Melina Rissone, this market continues to be one of the most active in San Diego, and both buyers and sellers are watching it closely as 2025 begins winding down. With a median home price of $778,000 and an average price of just over $1 million, 92122 remains a competitive but accessible option compared to coastal neighbors like La Jolla.

If you’re considering a move in or out of University City, here’s what the latest numbers reveal—and how to position yourself for success.

Current Market Snapshot for University City

Active Listings: 185

Median Price: $778,000
Average Price: $1,016,000
Median Beds/Baths: 2 bed, 2 bath
Average Days on Market (DOM): 33

Condos and townhomes dominate University City, making it a strong entry point for buyers who want coastal proximity without La Jolla’s dizzying $2.4M+ median. Most University City homes for sale currently fall between the high $600Ks and low $900Ks, though remodeled condos and larger townhomes in prime complexes often list above $1 million.

With an average of just over a month on the market, pricing strategy remains critical. Well-priced homes in University City move quickly, while overpriced listings risk extended days on market, which ultimately forces sellers to adjust.

Why Location Shapes Value

University City’s appeal lies in its unique blend of affordability, convenience, and active lifestyle. The neighborhood sits directly east of La Jolla and UC San Diego, offering quick freeway access to Downtown, Sorrento Valley, and North County tech hubs. And its proximity to Torrey Pines, UTC Mall, and La Jolla’s beaches makes it one of San Diego’s most desirable central neighborhoods.

Compared to La Jolla, where the median price exceeds $2.4M, or Carmel Valley, where newer homes average $1.7M, University City offers a balance of location and value. Families, first-time buyers, and professionals are drawn to the homes in University City because they offer access to excellent schools and walkable pockets near the Village and Regents Road without the price premium of nearby coastal areas.

Price Differences Within University City

Based on current active listings, the price per square foot in University City ranges from about $800 to $1,000, depending on the age, size, and location of the property. Smaller condos in older complexes often land closer to the lower range, while upgraded units with modern finishes or prime UTC locations trend much higher.

Homes south of Governor Drive tend to sell closer to the median, while newer buildings around Nobel Drive and the business core often attract premium pricing due to proximity to shopping, transit, and UC San Diego. As a University City real estate expert, Melina Rissone can guide you to the pockets of this community that meet your needs and fit your budget.

Buyer Insights

For buyers, University City remains one of the few neighborhoods where you can find relative affordability without moving far inland. While prices may feel high for those unfamiliar with the San Diego real estate market, they’re still more accessible than the city’s coastal areas. With average prices close to $1 million, buyers should expect competition on move-in-ready homes.

Securing pre-approval is essential in this market. Sellers are less likely to consider offers from buyers who have not been vetted, and with homes selling in roughly a month, buyers need to be ready to move quickly when the right property appears. For first-time buyers, University City’s condos and townhomes can be an excellent entry point into San Diego homeownership, offering lower maintenance and more predictable costs compared to single-family homes.

Seller Insights

University City’s steady demand is good news for sellers. However, this market still requires a careful approach. Overpricing can backfire, leading to longer days on market and ultimately lower offers. With buyers carefully comparing options across nearby neighborhoods like North Clairemont, Mira Mesa, and Mission Valley, standing out with competitive pricing and strong presentation is key.

Staging, professional photography, and highlighting walkability or proximity to UCSD and UTC Mall can give listings an edge. Sellers should also note that buyers today are highly data-driven. Many will compare recent sales, HOA fees, and price per square foot before making an offer, so Melina pays close attention to these statistics to ensure accurate pricing and a smoother sale.

The Overlooked Costs of Homeownership in University City

While the purchase price gets the most attention, buyers should also budget for the ongoing costs of ownership. In San Diego County, property taxes run just over 1% of assessed value, which means about $9,500 annually for a median-priced University City home. Homeowners insurance typically adds another $1,300 to $1,600 per year, with rates varying by ZIP code and building type.

HOA dues are common in University City, averaging around $360 per month but climbing over $1,000 in luxury complexes. Buyers should also plan for maintenance, repairs, and lifestyle expenses. Living closer to beaches, transit, and dining hubs can mean higher day-to-day spending compared to inland areas.

Market Outlook: Waiting Could Cost More

San Diego home prices have climbed steadily over the past decade, and University City homes have been no exception. With strong local employment, access to UCSD, and consistent buyer demand, the area has proven resilient even during market slowdowns.

While interest rates may fluctuate, the underlying demand for University City homes remains steady. Waiting to buy could mean facing higher prices, fewer options, and potentially higher borrowing costs. For sellers, that same demand creates opportunities, but only if the home is priced and marketed strategically. Melina Rissone has helped clients buy and sell through many market highs, so she’s well-equipped to guide you through the process.

How to Proceed with Purpose

If you’re considering buying or selling in University City, here are steps to keep in mind:

Use a home affordability calculator that includes property taxes, insurance, and HOA fees.
Get pre-approved before touring homes to strengthen your position.
Compare University City pricing with nearby neighborhoods like Clairemont, La Jolla, and Mission Valley.
Work with a Realtor like Melina, who understands both the market data and the nuances of buying and selling in University City.

Final Thoughts

Owning a home in University City involves considering not only the purchase price, but also the related taxes, insurance, HOA dues, maintenance, and lifestyle expenses that shape your monthly budget. With many homes in the $700,000 to $1 million range, this appealing community offers both affordability and strong long-term value compared to its coastal neighbors.

With careful planning, the right financing strategy, and guidance from a true real estate expert, you can approach your University City purchase or sale knowing every detail is handled with care. For a personalized home valuation, or to explore current homes in 92122, contact Melina Rissone today.

Melina Rissone, Associated Real Estate Broker Coldwell Banker Global Luxury, Certified Senior Advisor (CSA) and Real Estate Collaboration Specialist – Divorce (RCS-D) in San Diego. I help people going through divorce in San Diego figure out what to do with the house—whether you're ready to sell now or just need a neutral opinion. I help seniors looking to retire in San Diego figure out what to do with the house—whether you're ready to sell now or just need a neutral opinion.

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Melina Rissone

Having sold properties for more than 20 years and earning various prestigious awards throughout the course of her career, Melina Rissone has more than earned her reputation as one of San Diego's most skilled and trustworthy real estate brokers selling homes and luxury condominiums. Her loyal clientele would share that Melina brings structure and planning to chaos. She specializes in supporting her clients and their referrals; families and individuals going through divorce and seniors and active adults planning their moves and financial decisions during their retirement years.

Coldwell Banker Global Luxury and Institute of Luxury Home Marketing certified.

Certified Senior Advisor by the Society of Certified Senior Advisors
Cartus Network Inventory Specialist and Cartus Network Marketing Specialist since 2015.
RCS-D Designation, a Real Estate Collaboration Specialist for Divorce.
SRES Certification through NAR is a Seniors Real Estate Specialist certification.
Melina is bilingual in English and German.
Recognized as the Top 4% of all real estate brokers in San Diego County in 2021 and the Top 3% of Coldwell Banker International.
Coldwell Banker Presidents Elite Award.
Recognize as the Top 2% of Coldwell Banker West in 2024.
Coldwell Banker Global Luxury and Institute of Luxury Home Marketing Certified.

Melina is a true professional! She is responsive and thorough. She offers important insights through the home buying and selling process. She has a network of connections so that specialists may be brought in when needed. Melina was our real estate broker when buying a home in 2017. And she is the person I have returned to as we consider selling. Melina is a top notch broker in San Diego!
-Catherine