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 significant increase in sales, with a total of 30 properties sold, marking a 93.3% year-over-year increase. The market remains competitive for sellers, with 42 new listings and 57 active listings, resulting in a months of inventory (MOI) of 2.2.

Market Analysis

The Greater San Diego real estate market continues to exhibit strong demand, as evidenced by the 93.3% increase in sales compared to May 2025. The current months of inventory stands at 2.2, indicating a seller's market where demand outpaces supply. With a sales-to-new-listings ratio (SNLR) of 71.4%, homes are moving quickly, suggesting that buyers are actively seeking properties despite the limited inventory available.

Property Type Analysis

The detached property segment dominates the market, accounting for 29 of the 30 total sales in May 2026. In contrast, the attached/townhouse segment saw only 1 sale, highlighting a significant disparity in demand between these property types. The lack of sales data for apartments further underscores the focus on detached homes in this competitive market.

Regional Highlights

In the La Mesa and Mount Helix areas, the market reflects similar trends, with 29 closed sales for detached homes and a median price of $1,210,000. The inventory for detached homes in this region is at 49, with a months supply of 2.2, reinforcing the competitive nature of the market. Attached homes, while fewer in number, have a median price of $500,000, but are experiencing a decline in year-over-year sales.

For Buyers

Prospective buyers should be prepared for a competitive environment, as the limited inventory and high demand may lead to multiple offers on desirable properties. It is advisable for buyers to secure pre-approval for financing and to act quickly when a suitable property becomes available.

For Sellers

Sellers are in a favorable position in the current market, with strong demand driving quicker sales. To maximize their selling potential, homeowners should consider pricing their properties competitively and ensuring they are in optimal condition to attract buyers swiftly.