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 recorded a total of 6 sales, a 33.3% decrease compared to the same month last year. With 10 new listings and 47 active listings, the market continues to show signs of a buyer's environment, reflected in a months of inventory (MOI) of 8.2.

Market Analysis

The current market conditions indicate a notable shift towards buyers, as evidenced by the 60.0% sales-to-new-listings ratio (SNLR) and an increase in months of inventory to 8.2. Despite a stable number of total sales compared to June 2025, the decline in sales year-over-year highlights a cooling trend in buyer activity. The total active listings have increased from 40 in June 2025 to 47 this month, suggesting that supply is outpacing demand, which is characteristic of a buyer's market.

Property Type Analysis

In June 2026, detached properties accounted for the majority of sales with 4 transactions, while attached/townhouse properties saw 2 sales. The disparity in sales between these property types underscores the ongoing preference for detached homes, although both categories are experiencing a slowdown in buyer activity compared to last year. The overall market dynamics suggest that buyers may have more negotiating power across both types of properties as inventory levels remain elevated.

Regional Highlights

Regionally, the Borrego Springs area reflects similar trends with a total of 4 closed sales for detached homes and 2 for attached properties. The median price for detached homes stands at $305,000, showing a slight year-over-year increase of 3.5%, while attached homes have a median price of $249,500, which is up 16% from the previous year. This indicates that while overall sales are down, certain areas and property types may still see price appreciation, highlighting the importance of localized market analysis.

For Buyers

For prospective buyers, the current market conditions present an opportunity to negotiate favorable terms, especially given the increased inventory and longer months of supply. Buyers should consider taking their time to evaluate listings and leverage the buyer's market to secure properties at competitive prices.

For Sellers

Sellers in the Greater San Diego area should be prepared for a more challenging market environment, as the decrease in sales and higher inventory levels indicate that buyers have more options. It is advisable for sellers to price their homes competitively and consider making necessary updates to attract potential buyers, as the current market may require more strategic marketing efforts to achieve a successful sale.