Greater San Diego Association of REALTORS® Reports July 2026 Market Trends

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market saw a total of 29 sales, a decrease of 12% compared to July 2025. New listings increased to 44, contributing to a total of 77 active listings and a months of inventory figure of 1.9.

Market Analysis

The current market conditions indicate a seller's market, with a significant sales-to-new-listings ratio (SNLR) of 65.9%. Despite a decrease in total sales compared to the previous month, the number of new listings has risen, suggesting that sellers are responding to ongoing demand. The months of inventory at 1.9 indicates a tight market, although it is slightly higher than the 1.6 months reported in June 2026. This shift may reflect seasonal trends as the summer months typically see increased activity.

Property Type Analysis

In July, detached homes accounted for the majority of sales with 22 transactions, while attached homes, including townhouses, saw 7 sales. The market for detached properties remains robust, despite the overall decline in sales year-over-year, indicating sustained interest among buyers. The inventory for attached properties is notably higher, with a months of inventory at 3, suggesting a more balanced market for this property type compared to the detached segment.

Regional Highlights

Regionally, the Spring Valley area (zip code 91977) shows a mixed performance with 32 new detached listings and a closed sales figure of 22. The median price for detached homes in this area is $802,500, reflecting a year-over-year increase of 0.6%. In contrast, the attached property segment in Spring Valley has a median price of $587,500, with closed sales down by 12.5% year-over-year, indicating a potential cooling in this market segment.

For Buyers

Buyers are encouraged to act quickly in the current market, as the low months of inventory suggest that desirable properties may not remain available for long. With new listings on the rise, it is advisable for buyers to stay informed and prepared to make competitive offers.

For Sellers

Sellers should take advantage of the current seller's market by pricing their homes strategically and ensuring they are well-presented. With a high sales-to-new-listings ratio, sellers can benefit from the ongoing demand, but they should also be mindful of the slight increase in inventory, which may require a competitive edge in marketing their properties.