Greater San Diego Association of REALTORS® Reports July 2026 Market Trends

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market experienced a significant decline in sales, with only 4 properties sold, a 42.9% decrease compared to July 2025. New listings totaled 12, while active listings remained steady at 23, resulting in a months of inventory (MOI) of 3.6.

Market Analysis

The current market conditions indicate a seller's market, despite the notable drop in sales year-over-year. The 4 sales recorded in July 2026 reflect a stark contrast to the 9 sales in June 2026, highlighting a potential seasonal slowdown or shifting buyer sentiment. The months of inventory at 3.6 suggests that while inventory levels are manageable, the demand has waned significantly compared to the previous year, where 7 sales were recorded in July 2025.

Property Type Analysis

The detached property segment remains the sole contributor to sales this month, with all 4 transactions occurring in this category. In contrast, the attached and townhouse market saw no sales, indicating a potential gap in buyer interest or inventory in these segments. The absence of activity in attached properties may suggest a need for sellers to reassess pricing strategies or marketing approaches to attract buyers.

Regional Highlights

The Jamul area, specifically zip code 91935, showcases a mixed performance with a median price of $1,062,500 for detached homes, reflecting a year-over-year increase of 11.8%. However, the overall sales decline indicates a cautious buyer market, which may be influenced by broader economic factors or shifting preferences in home features and locations.

For Buyers

Prospective buyers are encouraged to remain vigilant and consider the current market dynamics. With a limited number of active listings and a high months of inventory, buyers may find opportunities to negotiate better terms or prices, particularly in the detached market where sales are still occurring.

For Sellers

Sellers should take note of the current market conditions and consider pricing their properties competitively to attract potential buyers. With a decrease in sales and a steady number of active listings, it is crucial to present homes effectively and be prepared for negotiations, especially in the detached segment where interest remains.