Published October 26, 2026 in Market Update

Bay Ho Clairemont got tighter even with more listings

By Steve Brant

Real estate, Bay Ho Clairemont

Here is the part that should get your attention if you own in Bay Ho Clairemont. The Real Estate Data Aggregator counted 151 new listings in the three months ending August 31, 2026. That is up 6.3% from the same stretch in 2025. More homes came to market. And yet active inventory fell 33.7% to 61 homes. Buyers took everything that showed up. That is not a soft market doing a soft-market thing.

The Real Estate Data Aggregator puts months of supply at 1.5, down 1.1 months from a year before. To put that in plain terms: at the pace homes sold, everything on the market would be gone in six weeks. That is tight. Nationally, Realtor.com reported active listings topped 1.16 million homes in September 2026. Bay Ho Clairemont went the other direction.

Price held, then some

The Real Estate Data Aggregator puts the median sale price in ZIP 92117 at $1,157,500 for the three months ending August 31, 2026. That is up 12.5% from the same period in 2025. The Federal Housing Finance Agency reported U.S. house prices rose just 2.6% from July 2025 to July 2026. Bay Ho Clairemont ran nearly five times that pace.

Nationally, Realtor.com reported price cuts hit 20.8% of listings in September 2026, the highest share since October 2022. That is a real trend in a lot of places. It did not show up here the same way. The Real Estate Data Aggregator shows the average sale price as a share of list price in ZIP 92117 came in at 100%, up 2.2 points from a year before. Sellers are not leaving money on the table. They are getting every dollar they asked for.

Speed tells the story

The Real Estate Data Aggregator shows the median days on market in ZIP 92117 was 15 days. That is 11 days shorter than the same period in 2025. Nearly half of all homes, 47.3%, went under contract within two weeks of listing. That share is up 15.1 points from a year before. So you are not just selling fast. You are selling faster than you were last year.

The 23.6-point jump in homes selling above list is the number I keep coming back to. A year ago, fewer than 1 in 4 homes crossed that line. Now it is nearly 1 in 2. That shift does not happen without buyers competing hard for the same homes.

What this means if you own here

Leverage exists when supply is thin and buyers keep showing up. The Real Estate Data Aggregator counted 131 pending sales for the period, up 8.3% from a year before. Buyers are not sitting out. Mortgage rates did cross 7% nationally, according to Realtor.com, which is real. But in ZIP 92117, the demand side held. That matters when you are deciding whether to list now or wait.

One honest note: these are ZIP code numbers. One street in Bay Ho can read differently from the next. A smaller home on a busy block is not the same as a larger one near the canyon rim. The ZIP code tells you the direction. Your specific address tells you the number.