Greater San Diego REALTORS® Report: April 2026 Sees Sales Decline Amidst Tight Inventory and Seller's Market

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego Association of REALTORS® reports total sales for April 2026 reached 45, marking a 22.2% decrease compared to the previous year. With months of inventory at 2.7, the market continues to favor sellers, as indicated by a sales-to-new-listings ratio of 66.2%.

Market Analysis

The Greater San Diego housing market in April 2026 shows a continued trend of low inventory and a competitive environment for buyers. Total sales for the month stood at 45, a decrease from 47 sales in March 2026 and a significant 22.2% decline compared to 49 sales in April 2025. New listings totaled 68, while active listings reached 116, suggesting that new inventory is quickly absorbed.

Months of inventory (MOI) for April 2026 was 2.7, an increase from 2.3 in March 2026 and 2.1 in April 2025, yet still well below a balanced market. This low MOI, coupled with a sales-to-new-listings ratio (SNLR) of 66.2%, firmly places the market in a seller's condition. These figures are published by the Greater San Diego Association of REALTORS®.

Property Type Analysis

A breakdown of sales by property type reveals a slight preference for attached homes in April 2026. Detached homes accounted for 21 sales, while attached/townhouse properties saw 24 sales. Sales data for apartment properties was not available for the period.

Regional Highlights

While overall regional trends indicate a shift in sales volume, specific submarkets within Greater San Diego exhibit unique dynamics. For instance, in zip code 92009 (Carlsbad SE), detached homes recorded a median price of $1,747,000 in April 2026, experiencing a 20.6% year-over-year decrease in median price. These homes spent an average of 18 days on market and sold for 99.4% of their list price. Attached properties in the same area showed a median price of $837,500, an increase of 19.8% year-over-year, with 40 days on market and selling for 94% of their list price. This highlights varied performance across property types and localized areas within the broader region.

For Buyers

Buyers in the Greater San Diego market should be prepared for continued competition and limited inventory. With a seller's market prevailing and low months of inventory, swift decision-making and pre-approval for financing are crucial. Consulting with a REALTOR® to identify opportunities in specific submarkets and property types can provide a strategic advantage.

For Sellers

Sellers in April 2026 continue to benefit from favorable market conditions, characterized by low inventory and strong buyer demand. While sales volume has seen a year-over-year decline, properties are still moving relatively quickly. Strategic pricing and professional staging remain important to maximize offers and achieve optimal sale terms in this competitive environment.