Greater San Diego Association of REALTORS®: April 2026 Market Report Reveals Tight Inventory Amidst Seller's Market

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market in April 2026 reports 20 total sales, reflecting a 40.0% decrease year-over-year. With Months of Inventory at 0.9 and a Sales-to-New-Listings Ratio of 125.0%, conditions firmly favor sellers.

Market Analysis

The Greater San Diego market remains firmly in seller territory for April 2026, as indicated by a Months of Inventory (MOI) figure of 0.9. This tight supply is consistent with March 2026's MOI and significantly lower than the 1.6 months recorded in April 2025, underscoring persistent inventory challenges. The Sales-to-New-Listings Ratio (SNLR) stands at 125.0%, further highlighting robust demand relative to new supply.

Total sales for April 2026 reached 20 units, a decrease of 40.0% compared to April 2025, which also saw 20 sales. However, this represents an increase from the 14 total sales observed in March 2026. New listings totaled 16, while active listings stood at 17, indicating that new inventory is quickly absorbed by the market.

Property Type Analysis

In April 2026, detached homes accounted for 9 sales, while attached/townhouse properties saw 11 sales. This distribution indicates a slightly stronger sales volume for attached properties across the Greater San Diego market during the period.

Regional Highlights

In the 91945 zip code (Lemon Grove), detached homes recorded 9 closed sales with a median price of $776,000, selling at 103.2% of list price in an average of 9 days on market. Detached sales in this area decreased by 40% year-over-year, though the median price saw a modest 0.8% increase.

Attached properties in Lemon Grove experienced 11 closed sales, with a median price of $617,000. These homes sold at 100.2% of list price and spent an average of 24 days on market. Attached sales in Lemon Grove surged by 175% year-over-year, accompanied by a significant 31.3% increase in median price.

For Buyers

Buyers in the Greater San Diego market face competitive conditions due to limited inventory. It is advisable to be pre-approved for a mortgage, act swiftly on desirable properties, and be prepared for potential multiple-offer scenarios. Consulting with a REALTOR® can provide strategic advantages in navigating this environment.

For Sellers

Sellers are currently in a favorable position, with low Months of Inventory and a high Sales-to-New-Listings Ratio indicating strong demand. Pricing strategically and presenting a well-maintained property can attract multiple offers and potentially achieve sales above list price. Working with a REALTOR® can help maximize exposure and secure the best terms.