Greater San Diego Association of REALTORS®: April 2026 Market Sees Sales Dip 30% Year-Over-Year Amidst Seller's Market

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market experienced a notable decrease in sales activity during April 2026, with total sales reaching 10, a 30.0% decline compared to April 2025. Despite the reduction in transactions, the market maintains a seller's condition, as reported by the Greater San Diego Association of REALTORS®.

Market Analysis

In April 2026, the Greater San Diego housing market recorded 10 total sales, an increase from the 6 sales reported in March 2026 but a decrease from the 12 sales in April 2025. New listings for the month totaled 11, contributing to 16 active listings. The sales-to-new-listings ratio (SNLR) stood at 90.9%, indicating strong absorption of new inventory.

The market's Months of Inventory (MOI) was 1.1 in April 2026, slightly up from 1.0 in March 2026 but a notable decrease from 1.5 in April 2025. This low inventory level continues to underscore the prevailing seller's market conditions, despite the year-over-year decline in sales volume.

Property Type Analysis

A breakdown of sales by property type in April 2026 shows that detached homes accounted for 7 transactions, while attached/townhouse properties recorded 3 sales. The overall sales figures reflect a greater volume of detached property transactions within the reported period.

Regional Highlights

Examining specific regional trends, the 91950 zip code (National City) provides a detailed look at property performance in April 2026. Detached homes in this area saw 7 closed sales from 7 new listings, with a median sales price of $727,500. These properties sold at an average of 103.3% of list price and spent a median of 20 days on market. However, closed sales for detached homes in 91950 experienced a 30% year-over-year decline in April 2026, mirroring the broader market's sales trend.

For attached properties in the 91950 zip code, there were 3 closed sales from 4 new listings. The median sales price for attached homes reached $830,000, achieving 99.2% of list price, though with a longer median of 114 days on market. This segment notably saw a 50% year-over-year increase in closed sales and an 83.2% year-over-year increase in median price, indicating robust growth in this specific submarket.

For Buyers

Prospective buyers in the Greater San Diego market face a competitive environment, characterized by limited inventory and a seller's market condition. Buyers should be prepared to act swiftly on desirable properties, secure pre-approval for financing, and consider making strong, competitive offers to improve their chances of success.

For Sellers

Sellers continue to benefit from favorable market conditions, with months of inventory remaining low. While overall sales volume saw a year-over-year decrease, properties are still moving efficiently. Sellers are advised to work with a REALTOR® to price their homes strategically, ensuring optimal presentation to attract serious buyers and capitalize on the current demand.