Greater San Diego Association of REALTORS® Reports June 2026 Market Trends

Greater San Diego Association of REALTORS® — June 2026

In June 2026, the Greater San Diego real estate market experienced a notable decline in sales, with a total of 9 transactions, down 46.2% year-over-year. New listings increased to 19, while active listings reached 30, indicating a slight shift in market dynamics.

Market Analysis

The San Diego real estate market is currently characterized as a seller's market, with a months of inventory (MOI) of 2.2. This figure suggests that demand remains relatively strong despite the significant drop in sales compared to June 2025, when there were 14 sales. The sales-to-new-listings ratio (SNLR) stands at 47.4%, indicating that less than half of the new listings are being absorbed by buyers, which may be contributing to the increased inventory levels.

Property Type Analysis

In June, detached homes accounted for the majority of sales with 7 transactions, while attached properties, including townhouses, saw 2 sales. The disparity in sales between these property types suggests that detached homes are still favored by buyers, potentially due to their larger space and privacy. However, the overall decline in sales across both categories indicates a cautious buyer sentiment in the current market.

Regional Highlights

The Bonita area, represented by ZIP code 91902, reflects similar trends, with 7 closed sales of detached homes and 2 of attached homes. The median price for detached homes in this region is $1,390,000, showing a year-over-year increase of 29.3%, while attached homes have a median price of $551,350, up 13.4% from the previous year. These price increases in the face of declining sales highlight the ongoing demand for housing in the region, despite a tightening market.

For Buyers

Prospective buyers are encouraged to act swiftly, as the current inventory levels indicate that quality listings may not remain on the market for long. With a competitive environment, buyers should be prepared to make strong offers and consider their financing options to enhance their purchasing power.

For Sellers

Sellers should take advantage of the current market conditions by pricing their homes competitively and ensuring they are in optimal condition for showings. Given the relatively low months of inventory, well-presented properties may attract multiple offers, allowing sellers to maximize their returns.