Greater San Diego Association of REALTORS® Reports Steady Market Conditions in July 2026

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market shows a stable environment with a total of 11 sales, up from 9 in June. Active listings decreased to 25, resulting in a months of inventory (MOI) of 1.8, indicating a seller's market.

Market Analysis

The Greater San Diego real estate market continues to demonstrate resilience, with total sales remaining unchanged year-over-year at 11 transactions. The decrease in active listings from 30 in June to 25 in July has tightened the market, contributing to a months of inventory figure of 1.8. This low inventory level suggests that demand is outpacing supply, which is typical in a seller's market where buyers may face increased competition for available properties.

The sales-to-new-listings ratio (SNLR) stands at an impressive 137.5%, indicating that more homes are being sold than newly listed. This trend reflects a strong demand for homes in the area, despite the total sales volume being relatively stable compared to previous months. The market's dynamics suggest that sellers are in a favorable position, with the potential for quicker sales and possibly higher offers as buyers navigate a limited selection of homes.

Property Type Analysis

In July, detached homes dominate the sales landscape with 10 transactions, while attached properties account for only 1 sale. The median price for detached homes is reported at $1,203,000, reflecting a year-over-year increase of 5.8%. In contrast, the attached market shows a median price of $609,500, which has decreased by 7.7% year-over-year, and a significant drop in closed sales by 66.7%. This disparity highlights the ongoing preference for detached homes among buyers in the current market environment.

Regional Highlights

The Bonita area, as detailed in the board narrative, showcases a competitive market with a months supply of 1.8 for detached homes and a higher supply of 3.1 months for attached properties. The inventory levels indicate a strong demand for detached homes, as evidenced by the high percentage of list price achieved at 99%. The regional trends suggest that while detached homes are experiencing price growth, attached properties may require strategic pricing and marketing to attract buyers in a more challenging segment of the market.

For Buyers

Prospective buyers should remain vigilant in this competitive market, particularly for detached homes, where inventory is limited. It is advisable to work closely with a knowledgeable REALTOR® to navigate the bidding process and to be prepared to act quickly when a desirable property becomes available.

For Sellers

Sellers are currently in a favorable position, as the low inventory levels and high sales-to-new-listings ratio indicate strong demand. To maximize their selling potential, homeowners should consider pricing their properties competitively and ensuring they are in optimal condition to attract motivated buyers.