Greater San Diego Association of REALTORS® Reports Strong Sales Growth in May 2026

Greater San Diego Association of REALTORS® — May 2026

In May 2026, the Greater San Diego real estate market saw a notable increase in sales, with a total of 4 transactions, up 33.3% from 3 sales in May 2025. The active listings decreased slightly to 7, resulting in a months of inventory of 2.8, indicating a seller's market.

Market Analysis

The Greater San Diego real estate market is currently experiencing a seller's advantage, driven by a significant increase in sales compared to the previous year. With only 7 active listings available, the market is characterized by a low supply relative to demand, as evidenced by the 400.0% sales-to-new-listings ratio. This dynamic suggests that buyers are competing for limited inventory, which may lead to upward pressure on prices in the near future, although specific price metrics remain unavailable for this period.

Comparing to April 2026, where only 1 sale was recorded, the market has shown a robust recovery, with sales quadrupling in May. The months of inventory has improved slightly from 3.3 in April to 2.8 in May, indicating a tightening market. The increase in sales and the decrease in active listings reflect a growing demand, which may be influenced by favorable economic conditions and buyer sentiment in the region.

Property Type Analysis

In May 2026, all 4 sales were for detached properties, while the attached and townhouse segments saw no transactions. The absence of sales in the attached category suggests a potential gap in inventory or buyer interest, which may need to be addressed to balance the market. The median price for detached homes, while not reported, is likely influenced by the competitive nature of the current market, as buyers may be willing to pay a premium for available listings.

The lack of new listings for attached properties further emphasizes the challenges faced by buyers in this segment. As the market continues to favor sellers, it will be important for potential sellers of attached properties to consider listing their homes to meet the demand and capitalize on favorable market conditions.

Regional Highlights

The Pine Valley area, represented by the 91962 zip code, has shown resilience with a median price of $835,000 for detached homes, reflecting a 11.5% increase year-over-year. The average days on market for these properties stands at 58 days, indicating that homes are selling relatively quickly in this desirable region. The overall inventory in Pine Valley remains limited, with only 7 active listings available, which is significantly lower than the 13 active listings recorded in May 2025.

This trend of decreasing inventory and increasing sales is consistent across the Greater San Diego region, suggesting a broader market shift towards a seller's environment. As demand continues to outpace supply, regions like Pine Valley may see further price appreciation and competitive bidding situations in the coming months.

For Buyers

Prospective buyers in the Greater San Diego area should be prepared for a competitive market, particularly for detached homes. With limited inventory and rising sales, it is advisable for buyers to act quickly when they find a suitable property. Engaging with a knowledgeable real estate agent can provide valuable insights and help navigate the current market dynamics effectively.

For Sellers

Sellers in the Greater San Diego market are in a favorable position, given the current low inventory and high demand. Those considering listing their homes should take advantage of this seller's market by pricing their properties competitively and ensuring they are well-presented to attract potential buyers. With the right strategy, sellers can maximize their returns in this thriving market.