Greater San Diego Association of REALTORS® Reports April 2026 Market Activity: Sales Decline Amidst Tight Inventory

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego Association of REALTORS® reports that total sales for April 2026 reached 9, a decrease from 19 sales in March 2026 and 11 sales in April 2025. New listings totaled 31, contributing to 26 active listings and a months of inventory of 1.4, indicating a sellers' market.

Market Analysis

The Greater San Diego housing market experienced a notable slowdown in sales activity during April 2026, with only 9 total sales recorded by the Greater San Diego Association of REALTORS®. This figure represents a decrease from the 19 sales reported in March 2026 and is also lower than the 11 sales observed in April 2025. Given the small sample size of sales, percentage changes are not emphasized, but the absolute decline in transactions is evident.

Supply dynamics show 31 new listings entering the market, bringing the total active listings to 26. The months of inventory stands at 1.4, a slight increase from 1.1 months in March 2026 but still below the 1.5 months recorded in April 2025. This low inventory level, coupled with a Sales-to-New-Listings Ratio (SNLR) of 29.0%, continues to characterize the market as favoring sellers.

The persistent low inventory and the current months of inventory indicate a competitive environment for buyers, despite the dip in total sales. The market's condition remains firmly in favor of sellers, reflecting strong demand relative to the available housing stock.

Property Type Analysis

A breakdown of property types reveals that detached homes accounted for the majority of sales in April 2026, with 7 transactions. Attached/townhouse properties recorded 2 sales. No benchmark price data is available for either property type for the Greater San Diego area this month.

While detached homes saw more sales activity, the overall low transaction volume impacts both segments. The limited availability of properties across all types contributes to the competitive nature of the market.

Regional Highlights

In the Carlsbad NE (92010) area, the detached housing market showed a median price of $1,625,000 in April 2026, according to figures from the Greater San Diego Association of REALTORS®. These homes sold at an average of 97.9% of their list price and spent a median of 49 days on the market. The inventory for detached homes in this specific zip code was 11, with a months' supply of 1.4.

For attached properties in Carlsbad NE (92010), the median price reached $1,005,000. These homes achieved an average of 100.8% of their list price and had a median of 26 days on market. The inventory for attached homes in this area stood at 15, with a months' supply of 3.9.

For Buyers

In this sellers' market characterized by low inventory, prospective buyers in Greater San Diego should be prepared for competitive conditions. It is advisable to secure pre-approval for financing, act swiftly when a suitable property becomes available, and consider making strong, well-structured offers to stand out. Working closely with a REALTOR® can provide a strategic advantage in navigating limited options.

For Sellers

Sellers in the Greater San Diego market continue to benefit from favorable conditions due to tight inventory. To maximize potential, sellers should focus on professional staging and accurate pricing to attract serious buyers. With a months of inventory at 1.4, properties that are well-presented and strategically priced are likely to generate significant interest and achieve favorable outcomes. Consulting with a REALTOR® can help optimize listing strategies.