San Diego Real Estate Market Report - May 2026

San Diego Real Estate Market: May 2026

San Diego's average home price has surged to $1,411,776, marking a significant high in the market landscape. This figure underscores the city's increasing demand and limited supply, with only 2,738 active listings available.

Price Breakdown by Property Type

The median price of $849,000 suggests a more accessible entry point for buyers, although competition remains fierce, particularly for condos which dominate the market with 1,247 listings.

Implications for Buyers

With new listings at 1,224 over the past 30 days, buyers should act swiftly. The average price of $1,411,776 indicates that securing a property below this threshold, particularly condos, could yield better value. Buyers are advised to focus on properties within the median price range to maximize investment potential.

Given the limited inventory of 986 houses, those seeking single-family homes should prepare for competitive bidding. Pre-approval for financing and readiness to act on new listings are crucial strategies in this environment.

Implications for Sellers

Sellers in San Diego stand to benefit from the high average price of $1,411,776. With only 2,738 active listings, the market is in their favor. Pricing properties strategically above the median but below the average can attract multiple offers, especially in the competitive condo segment.

For houses, leveraging the scarcity of 986 listings can drive up demand. Sellers should ensure properties are market-ready to capitalize on the current high demand and low supply dynamics.

30-Second Takeaway

• San Diego's average home price is at a record $1,411,776.
• Median price stands at $849,000, with condos leading in availability.
• Buyers should prioritize speed and financial readiness.
• Sellers can capitalize on limited inventory and high demand.