June 2026 Market Report: Greater San Diego Association of REALTORS® Shows Seller's Market Dynamics

Greater San Diego Association of REALTORS® — June 2026

In June 2026, the Greater San Diego real estate market continues to exhibit strong seller's market conditions, with a significant sales-to-new-listings ratio of 150.0%. Total sales reached 6, reflecting a 50.0% decrease year-over-year, while active listings decreased to 7, indicating tight inventory levels.

Market Analysis

The San Diego real estate market is currently characterized by low inventory and high demand, as evidenced by a months of inventory (MOI) of just 1.2. This figure suggests that homes are selling quickly, with properties typically moving off the market within a short timeframe. The sales-to-new-listings ratio of 150.0% indicates that demand is outpacing supply, which is a hallmark of a seller's market. Despite the decrease in total sales compared to last year, the market remains competitive for sellers due to the limited number of active listings.

Property Type Analysis

In June 2026, detached properties accounted for 2 of the total sales, while attached and townhouse properties led with 4 sales. The median price for detached homes was $1,032,500, reflecting a year-over-year increase of 3.3%, while attached properties had a median price of $460,500, showing a notable year-over-year increase of 3.5%. This divergence highlights the continued strength in the attached market, which is appealing to buyers seeking affordability in a tight market.

Regional Highlights

The Rancho San Diego area, specifically ZIP code 91978, reflects these trends with 3 new detached listings and a competitive closed sales rate of 97.6% of list price. The area’s months of supply stands at 1.2, indicating a brisk pace of sales and limited options for prospective buyers. This trend underscores the desirability of the region, as buyers are willing to act quickly when suitable properties become available.

For Buyers

For buyers navigating the current market, it is crucial to act swiftly and be prepared to make competitive offers. Given the low inventory and high demand, having pre-approval for financing and being ready to negotiate can enhance a buyer's chances of securing a property.

For Sellers

Sellers in the Greater San Diego area should leverage the current market conditions by pricing their homes strategically and presenting them well to attract potential buyers. With a strong sales-to-new-listings ratio, sellers can benefit from the competitive landscape, but they should also be mindful of market trends to ensure their property stands out.