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

Greater San Diego Association of REALTORS® — June 2026

In June 2026, the Greater San Diego real estate market shows a slight decline in total sales, with 28 properties sold, a decrease of 5.6% compared to June 2025. New listings increased to 30, contributing to a total of 58 active listings and a months of inventory of 2.1.

Market Analysis

The Greater San Diego real estate market continues to exhibit seller-favorable conditions, with a strong sales-to-new-listing ratio (SNLR) of 93.3%. This indicates that homes are selling quickly, despite the modest drop in total sales compared to the previous year. The months of inventory remains low at 2.1, suggesting that demand continues to outpace supply, which is typical in a competitive market environment. The overall market dynamics reflect a persistent demand for housing, although the slight decrease in sales may indicate a potential cooling trend as buyers navigate rising interest rates and economic uncertainties.

Property Type Analysis

In June 2026, detached homes accounted for 17 of the total sales, while attached homes, including townhouses, contributed 11 sales. The performance of detached properties remains robust, reflecting ongoing buyer preference for single-family homes. Conversely, the attached market shows a more significant year-over-year decline in closed sales at 15.4%, despite a stable median price of $637,900, indicating varying levels of demand and inventory challenges across different property types.

Regional Highlights

The Chula Vista North area, specifically the 91910 zip code, demonstrates notable trends with 24 new listings and a median price of $900,000 for detached homes. The market here is characterized by a competitive environment, as homes are closing at 100.8% of their list price, reflecting strong buyer interest. The inventory levels in this region, with a months supply of 2.1 for detached homes, indicate a tight market, further emphasizing the need for buyers to act swiftly.

For Buyers

Prospective buyers in the Greater San Diego area should be prepared for a competitive market, especially in desirable neighborhoods. With a low months of inventory, it is crucial to act quickly when a suitable property becomes available. Buyers are advised to secure pre-approval for financing to enhance their negotiating position and to be ready to make competitive offers.

For Sellers

Sellers in the current market conditions can benefit from the high demand and low inventory levels. With a strong sales-to-new-listing ratio and homes selling quickly, it is an opportune time to list properties. Sellers should consider pricing their homes competitively to attract multiple offers, potentially leading to favorable sales conditions.