Rancho Peñasquitos 92129 Housing Market: October 2026

In October, sales in 92129 fell by more than half, but the median sales price still went up. Is the market cooling, or are prices still rising?

The October median sales price for single-family homes in Rancho Peñasquitos was $1.44 million, up 7.5% from the same month last year. But only 9 homes sold this month, so the median can easily be affected by the size, condition, and location of the homes that happened to close.

📊 92129 Single-Family Market, October 2026

  • 9 sales (21 last year, −57.1%)
  • 18 new listings (28 last year, −35.7%)
  • Median sales price $1.44 million (about $1.339 million last year, +7.5%)
  • 24 days on market (26 last year)
  • 1.2 months of inventory (2 months last year)

The number of transactions shrank, but the supply of homes was also limited, and selling times did not get longer. Buyers should not assume that every home can be deeply negotiated just because sales volume is down. Sellers should not simply take last year’s price and add 7.5%. What really matters is what similar nearby homes have recently sold for, how long they took to sell, and which listings are competing with yours right now.

If you want to know what your home in 92129 might be worth in today’s market, feel free to message us. Team Kendra & Tina will help you understand the market behind the numbers.

Market snapshot

Comparison period: October 2026 vs. October 2025, single-family homes (SFR) in 92129 Rancho Peñasquitos.

MetricOctober 2026October 2025Change
Closed sales921−57.1%
New listings1828−35.7%
Median sales price$1,440,000$1,339,000+7.5%
Days on market2426−7.7%
Months of inventory1.22.0−40.0%

Source: MLS data, single-family homes, October 2026 vs. October 2025. The source table is titled “October 2026 San Diego County SFR/Condo Market Statistics.” No publisher (for example SDAR, SANDICOR, or InfoSparks) is shown on the table.

We are a San Diego Chinese-speaking (Mandarin) real estate team. To find out what your home in 92129 Rancho Peñasquitos might be worth in today’s market, visit our English homepage or contact us.

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