Greater San Diego Association of REALTORS® Market Report - July 2026

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market experienced a notable decline in sales, with total transactions dropping to 9, a 50% decrease compared to July 2025. Despite a slight increase in new listings to 27, active listings remain steady at 57, resulting in a months of inventory figure of 3.9.

Market Analysis

The current market conditions indicate a seller's market, characterized by a Sales-to-Listing Ratio (SNLR) of 33.3%. This suggests that while demand has softened significantly, sellers still retain some leverage due to limited inventory. The total sales have decreased from 13 in June 2026 to 9 in July, reflecting a broader trend of declining buyer activity. Year-over-year comparisons show a stark contrast, with sales plummeting from 19 in July 2025 to the current figure, indicating a significant cooling in market momentum.

Property Type Analysis

The detached property segment remains the sole contributor to sales this month, with all 9 transactions occurring in this category. The attached and townhouse segments have seen no sales activity, highlighting a potential gap in buyer interest or available inventory. This trend may suggest that buyers are currently favoring detached homes, possibly due to their perceived value and space, especially in a market where inventory levels are constrained.

Regional Highlights

In the Alpine area (zip code 91901), the market dynamics reflect similar trends, with 24 new listings and 9 closed sales. The median price for detached homes in this region stands at $1,175,000, with a strong list-to-sale price ratio of 99.8%. The months of supply for detached homes is consistent at 3.9, indicating a balanced market, while the attached segment has seen a complete halt in sales, with a 100% year-over-year decline.

For Buyers

Prospective buyers are advised to remain vigilant and proactive in their search, as the current market conditions present opportunities for negotiation, particularly with sellers who may be motivated to close deals amidst declining sales. Buyers should consider exploring detached homes, which are currently the most active segment in the market.

For Sellers

Sellers are encouraged to price their properties competitively and be prepared for longer marketing times, as the market shows signs of slowing demand. With inventory levels remaining stable, presenting homes in their best condition and leveraging effective marketing strategies will be crucial for attracting potential buyers.