Greater San Diego Association of REALTORS® Reports Balanced Market in June 2026

Greater San Diego Association of REALTORS® — June 2026

In June 2026, the Greater San Diego real estate market shows signs of balance with a total of 13 sales, an increase from 10 in May 2026. New listings rose to 29, contributing to a total of 57 active listings and a months of inventory (MOI) of 4.3.

Market Analysis

The San Diego real estate market remains balanced as of June 2026, with a sales-to-new-listings ratio (SNLR) of 44.8%. This indicates a healthy equilibrium between supply and demand, despite a year-over-year sales decline of 20.0%. The increase in new listings from 10 in May to 29 in June suggests that sellers are responding to market conditions, while the total sales have only slightly improved from the previous month, reflecting cautious buyer sentiment amidst economic uncertainties.

Property Type Analysis

Sales activity is predominantly driven by detached homes, which accounted for 12 of the 13 total sales in June. The attached/townhouse segment saw only 1 sale, indicating a significant disparity in demand between property types. This trend may suggest that buyers are prioritizing larger living spaces, likely influenced by ongoing remote work trends and lifestyle changes.

Regional Highlights

Regionally, the inventory levels have increased to 57 active listings, up from 40 in May 2026 and 48 in June 2025. The months of inventory has also risen from 2.8 in May to 4.3 in June, indicating a more balanced market compared to the previous year’s MOI of 3.6. This shift may provide buyers with more options and leverage in negotiations.

For Buyers

Buyers are encouraged to take advantage of the current balanced market conditions. With an increase in active listings, there are more options available, allowing buyers to negotiate better terms. It is advisable for buyers to conduct thorough market research and be prepared to act quickly on desirable properties.

For Sellers

Sellers should remain mindful of the current market dynamics and the increase in inventory. Pricing homes competitively and ensuring they are in excellent condition can attract buyers in this balanced market. It is essential for sellers to work closely with their REALTORS® to develop effective marketing strategies that highlight their property’s unique features.