Greater San Diego Association of REALTORS® Market Report - May 2026

Greater San Diego Association of REALTORS® — May 2026

In May 2026, the Greater San Diego real estate market shows signs of balance with a total of 10 sales and 36 new listings. The months of inventory stands at 4.2, indicating a stable market environment compared to the previous month and year.

Market Analysis

The Greater San Diego real estate market remains balanced as of May 2026, with total sales holding steady at 10, the same as in April. The increase in new listings to 36, up from 10 in April, has contributed to a slight rise in months of inventory from 3.9 to 4.2. This suggests that while demand is present, supply is also increasing, allowing buyers more options without overwhelming the market. Year-over-year, sales have increased by 40%, indicating a robust demand compared to May 2025, when there were 11 sales.

Property Type Analysis

In terms of property types, detached homes dominate the market with 7 sales, while attached/townhouse units account for 3 sales. The increase in detached home sales reflects a consistent buyer preference for standalone properties, while the attached market has seen a decline in closed sales compared to the previous year. This trend may indicate shifting buyer priorities or availability of inventory in these categories.

Regional Highlights

Regionally, the Imperial Beach area shows a healthy market with 19 new listings and a median closed price of $800,000 for detached homes, reflecting a competitive environment with a closed price at 100.1% of the list price. However, the attached market in the same region has experienced a significant drop in closed sales, down 50% year-over-year, despite a median price increase of 29.6%. This disparity highlights the varying dynamics within different property types in the region.

For Buyers

Potential buyers are encouraged to act promptly, as the increase in new listings provides more options, but the market remains competitive. With a balanced inventory, buyers should be prepared to make competitive offers, especially for desirable properties that are likely to receive multiple bids.

For Sellers

Sellers should take advantage of the current balanced market by pricing their homes competitively. With 36 new listings in May, ensuring that properties are well-presented and priced appropriately will be crucial in attracting buyers and achieving favorable sales outcomes.