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 sees a composite benchmark price of $750,000, with total sales remaining steady at 40. New listings slightly outpace sales at 39, indicating continued seller advantage in the market.

Market Analysis

The Greater San Diego real estate market continues to exhibit strong seller conditions, with a months of inventory (MOI) at just 1.6, down from 1.7 in May 2026. Despite a year-over-year sales decline of 11.1%, the total sales volume remains consistent, suggesting that demand persists even as the number of transactions decreases. The seller's market is further underscored by a sales-to-new-listings ratio (SNLR) of 102.6%, indicating that homes are selling quickly relative to new inventory entering the market.

Property Type Analysis

When analyzing property types, detached homes dominate the sales landscape with 32 transactions, while attached/townhouse properties account for 8 sales. The lack of available benchmark prices for these categories suggests a need for further analysis, but the sales figures indicate a robust demand for detached homes, which continue to attract buyers despite the overall market slowdown.

Regional Highlights

In the Spring Valley area (zip code 91977), the market reflects similar trends, with 32 closed sales for detached homes and a median price of $780,000. The inventory remains tight with just 45 homes available, contributing to a competitive environment where homes are selling at 99.7% of their list price. In contrast, attached properties in the same region show a median price of $537,500, with a notable increase in closed sales year-over-year by 33.3%, highlighting a growing interest in this segment.

For Buyers

Prospective buyers are advised to act quickly in the current market, as the low months of inventory indicate that homes are selling rapidly. Buyers should be prepared to make competitive offers and consider being flexible with their requirements to secure a property in this seller-favored environment.

For Sellers

Sellers are in a strong position, given the current market dynamics. With a high sales-to-new-listings ratio and low inventory levels, sellers should price their homes competitively and be prepared for potential multiple offers. Engaging a knowledgeable REALTOR® can help navigate the selling process effectively and maximize property value.