Greater San Diego Association of REALTORS® Market Report - July 2026

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market saw a total of 7 sales, a decrease of 28.6% compared to the same month last year. New listings increased to 22, while active listings rose to 36, resulting in a months of inventory of 3.7.

Market Analysis

The Greater San Diego real estate market continues to exhibit a seller's advantage, despite a notable decline in total sales. With 7 transactions recorded in July, the market is experiencing a slowdown compared to the 10 sales in June 2026 and 9 sales in July 2025. The increase in new listings to 22 indicates that sellers are responding to the current market conditions, yet the total active listings of 36 suggest that inventory is still relatively low, contributing to a months of inventory figure of 3.7, which is higher than the 2.2 months reported in June 2026 but lower than the 2.6 months from July 2025.

Property Type Analysis

Sales activity is primarily driven by detached homes, which accounted for 5 of the 7 total sales in July 2026. Attached properties, including townhouses, contributed 2 sales, reflecting a stable demand for both property types. However, the significant year-over-year decline in sales for detached homes and the drastic drop in the median price for attached properties, which decreased by 44.4%, indicates varying levels of buyer interest and market resilience across different segments.

Regional Highlights

In the 91950 zip code area of National City, the market dynamics reveal a competitive landscape for detached homes, with a median price of $775,000 and a list-to-sale price ratio of 101.8%. The inventory for detached homes stands at 26, with a months supply of 3.7, suggesting that while there are opportunities for buyers, the market remains tight. Conversely, the attached market shows a lower median price of $241,000, with a list-to-sale price ratio of 103.7%, indicating strong demand despite fewer sales.

For Buyers

Potential buyers are encouraged to act decisively in the current market, as the increase in new listings may present more opportunities. With a months of inventory at 3.7, buyers should be prepared to navigate a competitive environment, particularly for detached homes, and consider making offers that reflect current market conditions.

For Sellers

Sellers should take advantage of the current market dynamics by pricing their homes competitively and ensuring they are well-prepared for showings. With a relatively low inventory compared to demand, sellers can benefit from strategic marketing and pricing to attract potential buyers, especially in the detached home segment.