Greater San Diego Association of REALTORS® Market Report: June 2026

Greater San Diego Association of REALTORS® — June 2026

In June 2026, the Greater San Diego real estate market experienced a total of 12 sales, a 25% decrease from the 16 sales recorded in May. With 25 active listings and a months of inventory at 1.5, the market remains favorable for sellers despite a year-over-year decline in sales.

Market Analysis

The Greater San Diego real estate market continues to show strong seller conditions, evidenced by a 100% sales-to-new-listings ratio this month. The total sales of 12 properties indicate a slight decline compared to the previous month, where 16 sales were recorded, but the active listings have increased from 21 to 25. This increase in active listings, coupled with a months of inventory figure of 1.5, suggests that while demand remains robust, supply is beginning to catch up, potentially stabilizing the market in the near future.

Year-over-year, sales have decreased by 25%, dropping from 15 sales in June 2025 to 12 this month. This decline reflects broader market trends as buyers may be adjusting to changing economic conditions. However, the low months of inventory indicates that the market is still competitive, particularly for detached homes, which accounted for all sales this month. The absence of attached or apartment sales further highlights the current buyer preference for single-family homes in the area.

Property Type Analysis

In June 2026, all 12 sales were of detached properties, with no sales recorded for attached or townhouse units. This trend underscores the ongoing demand for single-family homes, which continue to dominate the market. The detached homes also show a median days on market of 21, indicating that properties are selling relatively quickly despite the overall decline in sales volume compared to the previous year.

The attached market, on the other hand, remains stagnant with no sales reported this month, suggesting that buyers are currently prioritizing detached homes. The inventory for attached properties stands at 10, with a months of supply at 2.6, indicating a slower movement in this segment compared to the detached market.

Regional Highlights

In the Lemon Grove area, the market reflects similar trends, with 12 closed sales for detached homes and a median price of $777,500, which is slightly above the list price at 101.3%. The inventory for detached homes in this region is at 15, with a months supply of 1.5, indicating a competitive environment. The attached segment shows a stark contrast, with no sales and a higher months supply of 2.6, highlighting a potential area for improvement in attracting buyers.

Overall, the regional dynamics indicate a strong preference for detached homes, with buyers willing to pay above the asking price, while the attached market may need to reassess pricing strategies to stimulate sales.

For Buyers

For buyers in the Greater San Diego area, it is advisable to act swiftly in the current market, especially for detached homes, as inventory remains low and properties are selling quickly. Buyers should be prepared to make competitive offers, as the sales-to-new-listings ratio indicates strong demand. Conducting thorough market research and working with a knowledgeable REALTOR® can provide a strategic advantage in securing a home.

For Sellers

Sellers in the Greater San Diego market should capitalize on the current seller-friendly conditions by pricing their homes competitively and ensuring they are in good condition to attract buyers. With a strong sales-to-new-listings ratio and quick turnover times, now is an opportune moment to list properties. Engaging with a real estate professional can help sellers navigate the market effectively and maximize their sale potential.