Greater San Diego Association of REALTORS® Reports Balanced Market Conditions in July 2026

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market experienced a total of 11 sales, a significant decline of 66.7% compared to the same month last year. New listings increased to 39, contributing to a balanced market with 95 active listings and 5.6 months of inventory.

Market Analysis

The San Diego real estate market continues to exhibit balanced conditions as of July 2026, with a total of 11 sales recorded this month. This figure reflects a notable decrease from 19 sales in June 2026 and 16 sales in July 2025, indicating a shift in buyer activity. The increase in new listings to 39 suggests that sellers are responding to current market dynamics, while the months of inventory stands at 5.6, indicating a balanced supply relative to demand. The Sales-to-New-Listings Ratio (SNLR) of 28.2% further emphasizes the current equilibrium, as it indicates that less than one-third of new listings are being absorbed by the market each month.

Property Type Analysis

In July, detached homes accounted for 3 sales, while attached properties, including townhouses, saw a higher volume with 8 sales. The disparity in sales activity between these property types suggests that buyers may be gravitating towards more affordable attached options amid the current market conditions. The inventory for detached homes remains limited, which could influence future pricing trends as demand fluctuates.

Regional Highlights

Regionally, the 91932 zip code, which encompasses Imperial Beach, reported 20 new listings and 3 closed sales, with a median price of $950,000 for detached homes. The attached market in the same area showed a median price of $742,000, with 8 closed sales and a notable year-over-year increase of 14.3% in closed sales. These trends indicate that while overall sales in the Greater San Diego area have decreased, certain neighborhoods are experiencing localized growth and demand.

For Buyers

For buyers navigating the current market, it is essential to remain patient and conduct thorough research. With 39 new listings this month, there are opportunities to find properties that meet specific needs. Buyers should consider leveraging the balanced market conditions to negotiate favorable terms and prices.

For Sellers

Sellers are advised to price their properties competitively given the current market dynamics. With an increase in new listings and a balanced inventory level, it is crucial to present homes in the best possible condition and to be prepared for negotiations, as the current sales figures indicate a more cautious buyer sentiment.