Greater San Diego Association of REALTORS®: April 2026 Sees Sales Decline Amidst Tight Inventory

Greater San Diego Association of REALTORS® — April 2026

Total sales reported by the Greater San Diego Association of REALTORS® for April 2026 reached 14, marking a 33.3% decrease compared to April 2025. Months of inventory stands at 1.1, indicating a tight market for buyers.

Market Analysis

The Greater San Diego housing market for April 2026 continues to favor sellers, characterized by low inventory and sustained demand. Total sales for the month were 14, a notable decrease from 27 sales in March 2026 and 19 sales in April 2025. This represents a 33.3% year-over-year decline in sales activity.

New listings for April 2026 totaled 26, contributing to 35 active listings. The sales-to-new-listings ratio (SNLR) was 53.8%, suggesting that over half of new listings are quickly absorbed by the market. Months of inventory (MOI) registered at 1.1, a slight increase from 1.0 in March 2026 but significantly lower than the 2.5 months recorded in April 2025. This persistent low inventory underscores the competitive environment for buyers.

Property Type Analysis

In April 2026, attached/townhouse properties recorded 8 sales, slightly surpassing the 6 sales for detached homes. This trend reflects varying dynamics within the market segments.

For the 91915 zip code (Chula Vista SE), detached homes closed at a median price of $1,067,250, representing a 12.3% increase year-over-year. These homes sold for an average of 102.6% of their list price and spent a median of 17 days on the market. Attached properties in the same area closed at a median price of $730,350, an increase of 4.7% from the prior year, selling for 100.2% of their list price with a median of 38 days on the market. Detached sales in this region saw a 33.3% year-over-year decrease, while attached sales decreased by 20% compared to the prior year.

Regional Highlights

Regional data for the 91915 zip code (Chula Vista SE) provides insight into specific market performance. Detached homes in this area saw 9 new listings and 6 closed sales in April 2026, maintaining a 1.1 months' supply of inventory. Attached homes had 17 new listings and 8 closed sales, with a 2 months' supply of inventory. These figures, reported by the Greater San Diego Association of REALTORS®, highlight localized market activity.

For Buyers

Buyers in the Greater San Diego market face a competitive landscape due to low inventory. Securing pre-approval and being prepared to act quickly with strong, competitive offers are crucial strategies. Flexibility on property features and location can also provide an advantage in this seller's market.

For Sellers

Sellers benefit from the current market conditions, characterized by low months of inventory and strong buyer demand. Proper pricing, professional staging, and high-quality marketing are essential to maximize interest and potential offers. Sellers should be prepared for multiple offers and work closely with their REALTOR® to navigate the selling process effectively.