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 saw a total of 1 sale, with 1 new listing and 3 active listings. The months of inventory stands at 3.0, indicating a seller's market with a sales-to-new-listings ratio of 100.0%.

Market Analysis

The real estate market in the Greater San Diego area remains competitive despite a modest number of transactions. With only 1 sale recorded this month, the total sales have decreased from 2 in April 2026. However, the consistent number of active listings at 3 suggests a stable supply, allowing sellers to maintain leverage in negotiations. The months of inventory at 3.0 indicates that homes are selling at a steady pace, which is favorable for sellers looking to capitalize on current market conditions.

Year-over-year comparisons reveal a significant shift in activity, as there were no sales recorded in May 2025, and active listings were higher at 8, resulting in a months of inventory of 6.7. This change highlights an improving market dynamic where demand is beginning to catch up with supply, encouraging sellers to enter the market with confidence.

Property Type Analysis

The breakdown of property types shows that all sales this month were for detached homes, with 1 sale recorded and 1 new listing. There were no sales in the attached or townhouse categories, indicating a lack of activity in that segment. The absence of new listings for attached properties may suggest a need for more inventory to meet potential buyer demand in this category.

The detached market appears to be the primary driver of activity, with a median price of $190,000 for the closed sale. This price reflects a competitive landscape for detached homes, as buyers are actively seeking opportunities despite the limited inventory.

Regional Highlights

In the Jacumba area (zip code 91934), the real estate market is characterized by a tight supply, with only 3 active listings available. The months of supply at 3.0 indicates that homes are moving quickly, which is a positive sign for sellers. The current market conditions suggest that buyers may need to act swiftly when opportunities arise, particularly in the detached segment where competition is evident.

The overall trend in the region points towards a gradual recovery in sales activity compared to the previous year, where the market was significantly slower. This shift may encourage more homeowners to consider selling, potentially increasing the number of listings in the coming months.

For Buyers

Buyers in the Greater San Diego market should remain vigilant and prepared to act quickly when suitable properties become available. With the current sales-to-new-listings ratio at 100.0%, competition for homes, particularly detached properties, is likely to remain high. It is advisable for buyers to have their financing pre-approved and to be ready to make competitive offers.

For Sellers

Sellers are currently in a favorable position given the low inventory levels and high sales-to-new-listings ratio. With only 3 active listings, sellers should consider pricing their homes competitively to attract potential buyers quickly. Additionally, staging and marketing strategies can enhance property appeal, making it crucial to present homes in the best possible light to capitalize on the current market conditions.