Published October 4, 2026 in Market Update

See the split: some parts are still sprinting while others are slowing

By Andrew Skirde

Real estate, Primary market

Look at this number first. Freddie Mac put the 30-year fixed rate at 7.28% as of October 1, 2026. That rate presses on every buyer's budget. It tightens what they can offer and slows demand in places already carrying more inventory.

But here is what that rate does not tell you. The Real Estate Data Aggregator counted homes selling in 15 days in 92117 and 15 days in 92116 during the three months ending July 31, 2026. One ZIP code away, 92101 sat at 58 days. That gap is the whole story.

Speed: the gap between the fastest and slowest parts

The Real Estate Data Aggregator counted a median of 15 days on market in 92117 and 92116. In 92111 it was 17 days. Those three ZIPs are moving fast, priced sharply, and drawing multiple looks. Sellers there hold real leverage right now.

Then there is 92101. The Real Estate Data Aggregator counted 58 days on market there, with 327 homes for sale and 7.3 months of supply. That is a different conversation entirely. Buyers in 92101 can slow down, compare, and negotiate harder.

The National Association of Realtors reported that months of supply nationally hit 4.9 months, the highest in over ten years. That national pressure shows up most clearly in ZIPs like 92101 and 92118, where supply is building.

Where sellers are winning, and where they need sharper positioning

The Real Estate Data Aggregator counted 50.4% of homes in 92117 going under contract within two weeks of listing, up 18.8 points from a year before. In 92116 it was 47.2%, up 20.9 points. In 92111 it was 50%, up 12.3 points. Those are not soft numbers. Those are campaigns that are connecting and converting.

Now look at 92101. The Real Estate Data Aggregator counted just 13.6% of homes there going under contract within two weeks, down 6 points from a year before. That means the list price, the presentation, and the timing all need to work harder to stand out.

Above-list sales: who is getting them and who is not

The Real Estate Data Aggregator counted 51.6% of homes in 92105 selling above list price. In 92117 it was 41.7%, up 14.5 points from a year before. In 92116 it was 39.7%, up 14.3 points. Buyers in those ZIPs are competing and stretching.

In 92101, only 8% of homes sold above list, down 3.1 points. In 92037, it was 15.3%, down 8.5 points. Those sellers need a price that attracts, not one that filters buyers out.

Prices: some rose sharply, some dipped

The Real Estate Data Aggregator counted a median sale price of $3,010,000 in 92118, up 32.3% from a year before. In 92102 it was $959,500, also up 32.8%. Those are big moves, and they reflect very small sample sizes in tight inventory.

Prices dipped a little in some ZIPs. The Real Estate Data Aggregator counted a median of $753,000 in 92110, down 9% from a year before. In 92037 it was $2,245,000, down 10%. In 92104 it was $851,000, down 6.8%. Lower prices do not always mean trouble, but they do mean a seller needs to position precisely.

The rate backdrop every seller and buyer is working inside

Freddie Mac put the 30-year fixed rate at 7.28% as of October 1, 2026. The 15-year fixed came in at 6.60%. CNBC reported the average contract rate for 30-year conforming loans increased to 7.30% in the week ending September 30, 2026.

Realtor.com reported on October 1, 2026 that mortgage rates crossed 7% for the first time since January 2025. Active listings nationally were up 6.3% from a year ago, the fastest pace in at least six months, according to Realtor.com. That wider inventory growth matches what the Real Estate Data Aggregator shows in ZIPs like 92101, 92104, and 92105.

The Federal Housing Finance Agency reported U.S. house prices rose 2.1% year over year between the second quarter of 2025 and the second quarter of 2026. Quarter over quarter, prices rose 0.3%. Nationally, prices are still moving up, just slowly.

What this means if you own a home here

If your home is in 92117, 92116, or 92111, the Real Estate Data Aggregator shows your ZIP is absorbing, attracting, and closing fast. Tight inventory, short days, and strong above-list rates give you real positioning power.

If your home is in 92101 or 92037, the data shows more competition and more days. That does not mean you cannot sell. It means the price, the packaging, and the timing all need to be sharper. Buyers there have more choices and more time to decide.

One street can read differently from the whole ZIP code. The Real Estate Data Aggregator shows ZIP-level trends. Your block, your building, or your street may tell a different story. That is worth knowing before you pick a number.