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

Greater San Diego Association of REALTORS® — May 2026

In May 2026, the Greater San Diego real estate market shows signs of stability with a balanced market condition. Total sales reached 3, an increase from 2 in April 2026, while active listings decreased slightly to 12 from 13 last month.

Market Analysis

The Greater San Diego real estate market is currently experiencing a balanced condition, characterized by a months of inventory (MOI) of 5.3. This indicates that the supply of homes is keeping pace with demand, allowing buyers and sellers to negotiate more effectively. The sales-to-new-listings ratio (SNLR) stands at a robust 100.0%, reflecting that all new listings this month have found buyers, which is a positive sign for the market's health.

Property Type Analysis

Sales in the detached property segment accounted for all transactions this month, totaling 3 sales. The attached and townhouse segment saw no sales, indicating a potential gap in supply or buyer interest in these types of properties. The absence of sales in the attached category may suggest a need for more listings to meet buyer demand in that segment.

Regional Highlights

Comparatively, May 2025 recorded no sales, highlighting a significant year-over-year improvement in market activity. Active listings increased from 5 in May 2025 to 12 in May 2026, suggesting a gradual increase in inventory that may help alleviate some pressure on buyers. The months of inventory has also risen from 4.4 last year to 5.3 this year, indicating a more balanced market environment.

For Buyers

Prospective buyers should take advantage of the current balanced market conditions, as the inventory levels provide more options for selection. With a sales-to-new-listings ratio of 100.0%, buyers may find that properties are moving quickly, making it essential to act promptly when a suitable home is identified.

For Sellers

Sellers are encouraged to price their homes competitively, as the market remains balanced with a steady flow of new listings. Given that all new listings this month have sold, presenting properties in optimal condition and at attractive price points can lead to successful transactions.