Greater San Diego REALTORS® Reports Extremely Limited Activity in April 2026 with Zero Sales and Minimal Inventory

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego Association of REALTORS® reports an exceptionally quiet April 2026 market, recording zero total sales and only one active listing. With months of inventory holding at 0.5, the market remains firmly in sellers' territory despite the absence of transactions.

Market Analysis

April 2026 saw no sales reported by the Greater San Diego Association of REALTORS®, reflecting an extremely constrained market. New listings also stood at zero, contributing to a total of only one active listing across the entire market. This represents a continuation of the trend from March 2026, which also recorded zero sales and one active listing.

Months of inventory (MOI) for April 2026 was 0.5, consistent with the prior month's 0.5 MOI and slightly lower than April 2025's 0.6 MOI. This persistently low inventory level is the primary driver behind the classification of the market as a 'sellers' market,' even in the absence of sales activity. Given the zero sales recorded, percentage changes in sales or prices are not meaningful and are therefore not reported by the Greater San Diego Association of REALTORS®.

The lack of transactions indicates a significant supply-side challenge, where available properties are virtually nonexistent. This extreme scarcity dictates market conditions, creating an environment where any new listing would likely face considerable buyer interest, despite the current lack of closed sales data.

Property Type Analysis

The market's inactivity extends across all property types. Detached homes recorded zero sales and only one active listing for April 2026. Similarly, the attached/townhouse segment reported zero sales and zero active listings, indicating a complete absence of available properties in this category.

With no sales in either detached or attached segments, and no data available for apartments, the market's overall performance is characterized by an acute shortage of inventory rather than a lack of demand. The single active detached listing represents the entirety of the market's current offerings.

Regional Highlights

In a specific area within the Greater San Diego region, represented by zip code 91948, April 2026 saw no sales across all property types. This localized data indicates an extremely constrained market with only one active detached listing and no attached properties available, contributing to a months of inventory figure of 0.5. These figures are published by Greater San Diego Association of REALTORS®.

This specific local market's conditions, marked by zero new listings and zero sales, highlight the severe inventory challenges faced in certain pockets of the Greater San Diego area. The consistent months of inventory at 0.5 from the prior month and a slight decrease from the prior year underscore the ongoing tightness in supply.

For Buyers

Buyers in the Greater San Diego market, particularly in areas experiencing extreme inventory shortages like those observed in April 2026, must be prepared for swift action. With only one active listing reported, opportunities are rare. It is crucial to have financing pre-approved and to work closely with a REALTOR® to be immediately aware of any new properties that come to market, as competition for the few available homes is likely to be intense.

For Sellers

Sellers considering listing their property in this unique market environment, as reported by the Greater San Diego Association of REALTORS®, face both challenges and opportunities. While the absence of recent sales data makes pricing difficult, the extremely low inventory (only one active listing) suggests that well-priced homes could attract significant attention. Consulting with a REALTOR® to accurately assess market value based on broader trends and unique property features is essential, given the lack of direct comparable sales.