Greater San Diego Association of REALTORS® Reports Strong Sales Growth in May 2026

Greater San Diego Association of REALTORS® — May 2026

In May 2026, the Greater San Diego real estate market experienced a significant surge in sales, with a total of 49 properties sold, marking a 155.6% increase compared to May 2025. New listings totaled 52, contributing to a total of 89 active listings and a months of inventory (MOI) of 2.2, indicating a seller's market.

Market Analysis

The Greater San Diego real estate market continues to show robust activity as demand outpaces supply. With a sales-to-new-listings ratio (SNLR) of 94.2%, the market is favoring sellers, as properties are being absorbed quickly. The increase in total sales from 43 in April 2026 to 49 in May 2026 reflects a growing buyer interest, despite the limited inventory available. The current MOI of 2.2 months suggests that homes are selling at a brisk pace, reinforcing the competitive nature of the market.

Property Type Analysis

In May 2026, detached homes accounted for 23 of the total sales, while attached properties, including townhouses, saw 26 sales. The performance of attached properties has notably improved, with a year-over-year increase of 62.5% in closed sales, indicating a strong demand for this property type. The median price for detached homes stands at $1,015,000, while attached homes have a median price of $657,628, showcasing the price differential between these segments.

Regional Highlights

Focusing on the 91913 zip code, which includes Chula Vista and Eastlake, the market remains active with 29 new listings and 25 pending sales. The inventory for detached homes in this area is currently at 48, with a months supply of 2.2, reflecting a competitive environment. The median price for detached homes in this region has decreased by 5.6% year-over-year, while attached homes have maintained their value with a median price increase of 0%.

For Buyers

Prospective buyers are encouraged to act swiftly in the current market, as the low inventory and high demand can lead to competitive bidding situations. It is advisable for buyers to be pre-approved for financing and to work closely with a knowledgeable REALTOR® to navigate the fast-paced environment effectively.

For Sellers

Sellers are in a favorable position given the current market dynamics. With a high sales-to-new-listings ratio and a low months of inventory, now is an opportune time to list properties. Sellers should ensure their homes are well-prepared for showings and consider pricing strategies that reflect the current demand to maximize their return.