Greater San Diego Association of REALTORS®: April 2026 Market Sees Sales Decline 29.4% Year-Over-Year Amidst Tight Inventory

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego Association of REALTORS® reports a total of 21 sales in April 2026, marking a 29.4% decrease compared to April 2025. With 1.9 months of inventory, the market remains in a sellers' condition.

Market Analysis

The Greater San Diego housing market experienced a notable slowdown in sales activity during April 2026, with total sales reaching 21. This represents a decrease from the 26 sales recorded in March 2026 and a significant 29.4% decline from the 31 sales in April 2025. New listings totaled 49 for the month, while active listings stood at 64, an increase from 59 active listings in March 2026 and 47 in April 2025.

Months of inventory for April 2026 is 1.9, indicating a tight market despite the dip in sales. This figure is slightly higher than the 1.6 months of inventory in March 2026 but lower than the 2.0 months recorded in April 2025. The sales-to-new-listings ratio (SNLR) is 42.9%, further underscoring the market's current dynamics. These metrics collectively point to a market condition that favors sellers, as demand continues to outpace the available supply of homes.

The year-over-year change in total sales reflects a cooling trend compared to the prior year, yet the persistent low inventory levels suggest that properties, when listed, are still finding buyers relatively quickly within the existing market conditions.

Property Type Analysis

In April 2026, detached homes accounted for 12 sales, while attached/townhouse properties recorded 9 sales. The overall sales distribution reflects continued activity across both segments, contributing to the total of 21 sales reported by the Greater San Diego Association of REALTORS®.

Regional Highlights

Focusing on the 91910 Chula Vista North sub-market, detached homes saw a median price of $857,500 in April 2026, a marginal 0.2% decrease from the previous year. Detached sales in this area also mirrored the broader trend, declining by 29.4% year-over-year. For attached properties in 91910, the median price reached $700,000, representing a substantial 39.2% increase year-over-year, despite a 40% decrease in closed sales compared to April 2025.

For Buyers

Buyers in the Greater San Diego market face a competitive environment characterized by low inventory. It is crucial for prospective buyers to be pre-approved for financing, understand their budget, and be prepared to act decisively when suitable properties become available. Working with a REALTOR® can provide valuable insights into specific sub-markets and help navigate the current sellers' market.

For Sellers

Sellers in April 2026 continue to benefit from a market with limited inventory, yet the decline in overall sales suggests the importance of strategic pricing. While the market favors sellers, accurately pricing a home based on current comparable sales and market conditions can attract serious buyers and facilitate a timely sale. Consulting with a REALTOR® is advisable to develop an effective listing strategy.