Greater San Diego Association of REALTORS®: San Diego Market Remains Tight with Low Inventory in April 2026

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market in April 2026 recorded 4 total sales and 4 new listings, according to figures published by the Greater San Diego Association of REALTORS®. This period reflects a tight sellers' market with only 1.5 months of inventory and a median detached home price of $802,000.

Market Analysis

In April 2026, the Greater San Diego housing market continued to exhibit characteristics of a sellers' market, as reported by the Greater San Diego Association of REALTORS®. Total sales for the month stood at 4, accompanied by 4 new listings and 4 active listings. This balance resulted in a low 1.5 months of inventory, indicating strong demand relative to available supply.

Compared to the prior month, March 2026, total sales increased slightly from 3 to 4, while active listings decreased from 6 to 4. Months of inventory also tightened from 2.5 in March 2026 to 1.5 in April 2026. Looking back to April 2025, total sales were 5, with active listings at 13 and months of inventory at 4.2, highlighting a significant reduction in available homes over the past year. The low number of sales this month means that percentage changes would not be meaningful for year-over-year comparisons. The Sales-to-New-Listings Ratio (SNLR) reached 100.0% in April 2026, further underscoring the rapid absorption of new inventory.

Property Type Analysis

Detached homes accounted for all 4 sales recorded in April 2026, with a median price of $802,000. These properties sold quickly, averaging 24 days on market, and commanded 102% of their list price. New listings for detached homes matched sales at 4, contributing to the 1.5 months of supply specifically for this property type. In contrast, the attached/townhouse segment recorded no sales during April 2026.

Regional Highlights

The overall regional trend in Greater San Diego points to a highly constrained market, driven by persistently low inventory levels. The rapid pace of sales for available properties, particularly detached homes selling above asking price and with short market times, illustrates the competitive environment. This sustained demand against limited supply is a defining characteristic of the market in April 2026.

For Buyers

Buyers in the Greater San Diego market should be prepared for a competitive environment. Given the low inventory and quick sales, it is advisable to have financing pre-approved and be ready to make strong offers, potentially above the asking price, to secure a property. Acting swiftly when a suitable home becomes available is crucial.

For Sellers

Sellers are currently in a favorable position within the Greater San Diego market. With only 1.5 months of inventory and homes selling at 102% of list price on average, demand is robust. While conditions favor sellers, proper pricing strategies and effective property presentation remain essential to maximize returns and ensure a smooth transaction.