Greater San Diego Association of REALTORS® Market Report - July 2026

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market continues to show strong seller conditions, with total sales reaching 50, a 63.2% increase year-over-year. New listings totaled 55, while active listings decreased to 112, resulting in a months of inventory of just 1.9.

Market Analysis

The Greater San Diego real estate market remains highly competitive, characterized by a significant demand for homes amid limited supply. The sales-to-new-listings ratio (SNLR) stands at 90.9%, indicating that nearly all new listings are being absorbed quickly by buyers. This trend highlights the urgency among buyers to secure properties in a market where inventory is tight, as evidenced by the decrease in active listings from 122 in June to 112 in July. Compared to the same month last year, the market has seen a notable increase in sales, with 50 transactions in July 2026 compared to just 37 in July 2025.

The months of inventory (MOI) has also tightened, dropping from 2.2 in June to 1.9 in July, reflecting a continued seller's market. This low inventory level suggests that buyers may face challenges in finding suitable homes, which could lead to upward pressure on prices as demand outstrips supply. While specific price metrics are not available for this month, the overall market dynamics indicate a robust environment for sellers.

Property Type Analysis

In July 2026, detached homes accounted for the majority of sales with 31 transactions, while attached homes, including townhouses, saw 19 sales. The market for detached properties remains particularly strong, with a median sale price of $2,065,000 and a high percentage of list price achieved at 98.5%. In contrast, the attached market has shown a decline in median prices year-over-year, down 18.1%, despite a modest increase in closed sales by 11.8%. This disparity highlights the varying demand dynamics between property types, with detached homes continuing to attract buyers more aggressively.

Regional Highlights

Regionally, the Carlsbad area (zip code 92009) demonstrates notable trends, with 26 new detached listings and 22 pending sales, indicating a healthy turnover in this desirable market. The inventory for detached homes stands at 45, with a months supply of 1.9, reinforcing the competitive nature of this segment. The attached market in Carlsbad also reflects a robust activity level, although the median price has experienced a decline, suggesting that buyers are more price-sensitive in this category.

For Buyers

Buyers are encouraged to act quickly in the current market, where inventory is limited and demand is high. With a sales-to-new-listings ratio of 90.9%, homes are selling rapidly, often at or near asking prices. It is advisable for buyers to be pre-approved for financing and to work closely with a knowledgeable REALTOR® to navigate the competitive landscape effectively.

For Sellers

Sellers should take advantage of the current market conditions, as low inventory levels and high demand create an ideal environment for listing properties. With a strong sales-to-new-listings ratio, sellers can expect a favorable reception for well-priced homes. It is essential to present properties in their best light and consider strategic pricing to attract multiple offers.