San Diego Real Estate Market Report - August 2026

San Diego's Real Estate Market Sees an 8.5% Price Increase

The San Diego real estate market has experienced a notable year-over-year benchmark price increase of 8.5%, according to the San Diego MLS June 2026 report. The composite benchmark price now stands at $998,000, reflecting the region's ongoing demand and limited supply dynamics.

Price Breakdown by Property Type

What This Means for Buyers

With 3,092 active listings and 1,267 new listings in the past 30 days, buyers have a range of options, albeit in a competitive market. The list price range spans from $850 to $26,500,000, indicating opportunities across various budget levels. Buyers should prepare for potential bidding scenarios due to the limited inventory and consider moving quickly on desirable properties. Additionally, understanding the benchmark price of $998,000 can help set realistic expectations.

What This Means for Sellers

Sellers are positioned favorably as the market continues to appreciate, with an 8.5% increase in benchmark prices year-over-year. June 2026 saw 808 sales, highlighting active buyer interest. Sellers should price competitively within the current active list price range to attract serious buyers and leverage the current demand. It's crucial to present properties well to maximize offers, given the high number of condo listings at 1,322, which may indicate a more competitive segment.

30-Second Takeaway

• San Diego's benchmark price has risen to $998,000, marking an 8.5% increase.
• Active listings total 3,092, with a significant number of condos at 1,322.
• Buyers should act swiftly in a competitive market, while sellers can capitalize on increased demand and price appreciation.