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 notable uptick in activity, with total sales reaching 1 transaction, compared to 0 in May 2026. The months of inventory stands at 1.1, indicating a seller's market as demand continues to outpace supply.

Market Analysis

The Greater San Diego real estate market is currently characterized by limited inventory and increasing demand, as evidenced by the 1.1 months of inventory available. With only 2 active listings and 2 new listings introduced in June, the market remains tight, reflecting a significant shift from the previous month when there were 5 active listings and no sales. The sales-to-new-listings ratio (SNLR) of 50% suggests that half of the new listings are being absorbed by buyers, further emphasizing the competitive nature of the current market environment.

Property Type Analysis

In June, all sales occurred in the detached property segment, with 1 closed transaction. The attached and townhouse categories saw no sales, indicating a stark contrast in demand between property types. The absence of activity in the attached market may suggest that buyers are currently favoring detached homes, likely due to their perceived value and space, especially in a market where inventory is limited.

Regional Highlights

The Potrero area, represented by the zip code 91963, has shown a stable inventory level with 2 active listings and 2 new listings introduced this month. The median closed price for detached homes in the area is reported at $412,000, with properties selling at 96% of their listing price. This reflects a consistent demand for homes in this region, despite the overall low sales volume.

For Buyers

Prospective buyers are advised to act swiftly in the current market conditions, as the limited inventory means that desirable properties may not remain available for long. Buyers should be prepared to make competitive offers and consider financing options in advance to enhance their purchasing power.

For Sellers

Sellers in the Greater San Diego area are in a favorable position due to the current seller's market dynamics. With only 2 active listings and a strong sales-to-new-listings ratio, sellers are encouraged to price their homes competitively and present them well to attract potential buyers quickly.