How Do I Buy My First Home in San Diego? — Peraza Real Estate’s Step-by-Step Guide
Question: How do I buy my first home in San Diego?
Answer: To buy your first home in San Diego, you'll want to understand current market trends, get mortgage pre-approval, pick neighborhoods that fit your budget and lifestyle, and rely on Peraza Real Estate’s local insight to guide you from offer to closing.
Introduction
Buying your first home in San Diego can feel overwhelming. The San Diego real estate market is competitive, prices are high, and each neighborhood has its own vibe and pros. But with the right plan and a trusted guide like Peraza Real Estate, you can feel confident and even excited to take this step.
1. Understand the San Diego Market Right Now
To plan smart, you need a clear picture of the market:
As of July 2025, Redfin reports the median sale price is around $935,000, which is a 6% drop year-over-year. Homes now stay on the market an average of 32 days, up from 18 days last year—so there’s a bit more breathing room for buyers Redfin.
Zillow shows the average home value at about $998,184, a 3.4% decrease over the past year. The median sale price is roughly $957,500, with properties typically pending in 24 days Zillow.
Other reports show a slight inventory increase—about a 70% year-over-year rise in active listings in April 2025—though competition remains Oakwood Escrow.
What this means for you: Prices may have softened, but San Diego remains one of the tougher markets to crack. You’re facing competition, but might find opportunities in this more patient market.
2. Get Pre-Approved for a Mortgage
A strong pre-approval:
Clarifies your budget based on your income, credit, and debt.
Makes your offer more appealing to sellers—even in competitive areas.
Speeds up the buying process.
Bring documents like pay stubs, bank statements, and tax returns when you're ready to begin.
3. Choose Neighborhoods That Work for You
San Diego neighborhoods vary widely in price and character:
| Neighborhood / Area | Notes |
|---|---|
| Chula Vista (South Bay) | Median sale price: ~$760K. Up ~2% YoY—more entry-level and still in-demand DawnSellsSanDiego.com |
| Poway (North County Inland) | High-end: ~$1.79M median sale price—a 32% increase YoY DawnSellsSanDiego.com |
| Countywide | Single-family homes hover around $1M; young caregivers, newcomers, and families may look at places like Clairemont Mesa, Serra Mesa, or Kearny Mesa ZillowDawnSellsSanDiego.com |
If your budget is more flexible, you might consider upscale North County cities like Del Mar or Encinitas; if you want a better entry price, explore Chula Vista or Clairemont.
4. Work with Local Experts — Peraza Real Estate
Experience counts—and the Peraza Team shines:
Serving San Diego since 2003, with over 400 homes sold and 550+ transactions completed perazarealestate.com.
Leslie and Luis Peraza consistently get praise for negotiation skills, market knowledge, and responsiveness ZillowHomeLightratemyagent.com.
One past buyer says: “Luis was very organized… he made sure we understood what was right for us.” Zillow.
Another: “They are experienced, super supportive and reliable… very pressure free.” perazarealestate.com.
Their track record includes helping first-time buyers navigate offers and closing successfully Zillow.
Bottom line: You’re not just getting data—you’re getting guidance from a deeply local, trusted team who knows your market.
5. Start House Hunting — Offers to Closing
a. Stay flexible, ready, and realistic. Good homes still attract competition—but with inventory rising slightly, you may have more time to evaluate your options.
b. Structure your offer smartly. Peraza Real Estate advises on offer price, contingencies, and personal touches that matter in San Diego’s competitive neighborhoods.
c. Inspection & Appraisal are key. These protect your investment. Use reputable inspectors and consultants, and let Peraza guide that process.
d. Closing is not the end. From paperwork to move-in plans, the team stays with you until you get your keys—so nothing surprises you at the finish line.
6. Know the Rules and Stay Ethical
Peraza Real Estate operates well within legal and ethical standards:
Upholds Fair Housing Act protections (no steering, no discrimination).
Complies with RESPA and NAR Code of Ethics.
Strives for transparency in all commission and contract matters.
If you need legal, tax, or financial planning beyond real estate expertise, they encourage consulting licensed professionals.
7. Final Thoughts & Real Local Tips
Take advantage of slower market segments—some neighborhoods are cooling faster than others.
Look at Chula Vista or Clairemont for more affordable entries. If you're eyeing long-term gain, keep an eye on North County’s La Jolla or Poway.
Stay relaxed—but decisive. A good offer with strong pre-approval can win, even in brisk markets.
Talk to neighbors or drive around target areas to get a feel for schools, commutes, and vibe.
Conclusion
You can absolutely buy your first home in the San Diego market—and Peraza Real Estate knows how to make it smoother. With current inventory softening slightly, it's a time to explore strategically without compromising. But you’ll still need a strong offer and local insight to win.
Ready to begin? Reach out to Peraza Real Estate today. Let Leslie, Luis, and Angelo help you confidently navigate your first home purchase in San Diego, from neighborhood match to keys in hand.