Greater San Diego Association of REALTORS® Reports Balanced Market Conditions for July 2026

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market shows a balanced condition with a total of 6 sales and 11 new listings. Active listings increased to 32, resulting in 4.3 months of inventory, indicating a stable supply-demand dynamic.

Market Analysis

The San Diego market experienced a notable decline in sales, with a year-over-year decrease of 33.3%, down from 11 sales in July 2025 to just 6 in July 2026. Despite this drop, the market remains balanced, as evidenced by the months of inventory rising to 4.3, which is an increase from 3.8 in June 2026. The stable inventory levels suggest that while demand has softened, supply has also adjusted, preventing significant price fluctuations.

Property Type Analysis

In July, detached homes accounted for the majority of sales with 4 transactions, while attached properties, including townhouses, saw 2 sales. The detached market reflects a median price of $1,374,500, which is down 11.2% year-over-year, while attached properties have shown a slight increase in median price to $497,550, up 4.7% from the previous year. This divergence in price trends indicates varying buyer preferences and market conditions across property types.

Regional Highlights

The Bonsall area, represented by the zip code 92003, has seen a mix of new listings and closed sales, with 6 new detached listings and 5 new attached listings in July. The inventory for detached homes stands at 21, while attached homes have 11 available, contributing to a balanced market with sufficient options for buyers. The overall months of supply for both property types indicates a healthy market environment, allowing buyers to make informed decisions without the pressure of rapidly escalating prices.

For Buyers

Prospective buyers are encouraged to take advantage of the current balanced market conditions. With 4.3 months of inventory available, buyers have a wider selection of properties to choose from, allowing for more thoughtful decision-making. It is advisable to conduct thorough research and consider properties that meet long-term needs rather than rushing into a purchase.

For Sellers

Sellers should remain realistic about pricing in the current market climate, where year-over-year sales have decreased significantly. With an increase in active listings, it is crucial to price homes competitively to attract potential buyers. Sellers are encouraged to enhance their property’s appeal through staging and necessary repairs to stand out in a balanced market.