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 significant slowdown, with total sales dropping to zero. New listings increased slightly to one, while active listings remained steady at four, resulting in a months of inventory figure of 2.7.

Market Analysis

The current market conditions indicate a strong seller's market despite the absence of sales this month. With only four active listings and a months of inventory at 2.7, there is a limited supply available for potential buyers. This scarcity may contribute to upward pressure on prices in the future, should demand return. Year-over-year comparisons show a stark contrast, as June 2025 recorded three sales, highlighting the current market's drastic decline in activity.

Property Type Analysis

All property types, including detached and attached homes, reported zero sales in June 2026. This lack of activity is notable when compared to the prior year, where three sales occurred, indicating a significant shift in market dynamics. The absence of sales across all categories suggests that buyers may be hesitant, possibly due to economic uncertainties or a lack of suitable inventory.

Regional Highlights

The Mount Laguna area, represented by the 91948 zip code, has seen a notable reduction in market activity. The inventory remains low with only four active listings, and the months of inventory has increased slightly from 2.0 in May to 2.7 in June. This trend suggests that while sellers may have the upper hand, the lack of transactions indicates a potential disconnect between buyer expectations and market realities.

For Buyers

Prospective buyers are encouraged to remain patient and vigilant in their search for properties. With limited inventory, it may be beneficial to act quickly when new listings arise, as competition could increase if demand picks up. Buyers should also consider their financing options and be prepared to make competitive offers when suitable properties become available.

For Sellers

Sellers in the current market should focus on pricing their properties competitively to attract potential buyers. Given the low inventory levels, there is an opportunity to generate interest, but sellers must be realistic about market conditions. Engaging with a knowledgeable REALTOR® can provide valuable insights into pricing strategies and marketing approaches to maximize exposure.