Greater San Diego Association of REALTORS®: April 2026 Market Sees Sales Surge 38.9% Year-Over-Year Amidst Tight Inventory

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market for April 2026 reports a significant year-over-year increase in total sales, rising 38.9% to 25 transactions. Active listings remain low at 44, contributing to a tight sellers' market with 1.7 months of inventory, according to figures from the Greater San Diego Association of REALTORS®.

Market Analysis

Total sales for April 2026 reached 25, marking a substantial 38.9% increase compared to the 23 sales recorded in April 2025. This figure represents a slight decrease from the 27 sales observed in March 2026. New listings for the month stood at 38, while active listings were 44, a reduction from 52 active listings in April 2025.

The market continues to favor sellers, with months of inventory at 1.7. This is a decrease from 1.8 months in March 2026 and significantly lower than the 2.4 months reported in April 2025. The Sales-to-New-Listings Ratio (SNLR) is 65.8%, indicating robust buyer demand relative to the available new supply.

For detached homes, the median price in April 2026 was $1,080,773. This represents a 5.6% decrease in the median price year-over-year for detached properties.

Property Type Analysis

Detached homes accounted for all 25 sales recorded in April 2026. This segment also saw 37 new listings and maintained 1.7 months of inventory. In contrast, the attached/townhouse segment reported 0 sales and only 1 new listing, with 2.2 months of inventory, indicating minimal transaction activity in this property type during the month.

Regional Highlights

The market data for April 2026, particularly for detached homes, reflects trends observed in specific sub-markets such as La Mesa and Mount Helix (91941). In this area, the median price for detached homes was $1,080,773, experiencing a 5.6% year-over-year decline despite a 38.9% increase in closed sales for detached properties.

Overall, the Greater San Diego market, as represented by these figures, demonstrates strong buyer activity for available detached inventory, while other property types show very limited transaction volumes.

For Buyers

Buyers in the Greater San Diego market face a competitive landscape, particularly for detached homes, given the low months of inventory at 1.7. With a strong SNLR of 65.8%, properties are moving quickly. Buyers should be prepared to act decisively with strong offers and consider pre-approval to strengthen their position in this sellers' market.

For Sellers

Sellers continue to hold an advantageous position in April 2026, with low inventory levels and strong buyer demand. The market's 1.7 months of inventory suggests that well-priced and well-presented homes are likely to attract multiple offers. Sellers should consult with their REALTOR® to strategize on pricing and marketing to capitalize on current market conditions.