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 experienced a total of 25 sales, reflecting a 47.4% decrease compared to the same month last year. New listings increased to 30, while active listings decreased to 47, resulting in a months of inventory of 1.6, indicating a seller's market.

Market Analysis

The San Diego real estate market continues to show signs of a seller's market, characterized by a low months of inventory at 1.6. This figure indicates that homes are selling quickly, with a strong seller's net listing ratio (SNLR) of 83.3%. However, the total sales have decreased significantly year-over-year, down 47.4% from June 2025, suggesting a potential cooling in buyer demand amidst rising interest rates and economic uncertainties. Despite the drop in sales, the increase in new listings to 30 may provide some relief to buyers who have faced a tight inventory in recent months.

Property Type Analysis

In June, detached properties accounted for 10 sales, while attached and townhouse properties saw a higher volume of 15 sales. The disparity in sales between these property types suggests that attached homes may be more appealing to buyers currently, possibly due to lower price points and the ongoing demand for more affordable housing options. The median price for detached homes remains at $1,082,500, while attached properties have a median price of $700,000, indicating a significant price difference that could influence buyer preferences.

Regional Highlights

Regionally, the 91915 zip code in Chula Vista SE shows a mixed performance, with detached homes experiencing a closed sales decrease of 47.4% year-over-year, while attached homes have seen a 50% increase in closed sales. This divergence highlights the shifting dynamics within the market, with attached homes gaining traction as buyers seek more affordable options amid a challenging economic landscape. The median days on market for detached homes stands at 32 days, while attached homes are quicker to sell at 27 days, further emphasizing the demand for attached properties.

For Buyers

For prospective buyers, the current market conditions suggest that acting quickly is essential, especially in the face of limited inventory. Buyers should be prepared to make competitive offers, as homes are selling swiftly, often at or near listing prices. Engaging with a knowledgeable REALTOR® can provide valuable insights and strategies to navigate this fast-paced market.

For Sellers

Sellers are in a favorable position with the current low inventory levels, allowing for potential competitive bidding on properties. To maximize their selling potential, homeowners should ensure their homes are well-presented and priced appropriately based on recent market trends. Collaborating with a REALTOR® can help sellers effectively market their properties and attract serious buyers.