Greater San Diego Association of REALTORS®: April 2026 Market Sees Significant Sales Surge Amidst Tight Inventory

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market experienced a notable surge in activity during April 2026, with total sales reaching 27, a substantial 53.8% increase year-over-year. This robust performance unfolds within a persistent seller's market, characterized by a tight 1.7 months of inventory, according to figures released by the Greater San Diego Association of REALTORS®.

Market Analysis

April 2026 solidified a strong seller's market in Greater San Diego, as evidenced by a sales-to-new-listings ratio (SNLR) of 168.8%. Total sales climbed to 27, marking a significant 53.8% increase compared to April 2025, when 22 sales were recorded. This upward trend in sales activity also represents a month-over-month gain from the 20 sales observed in March 2026.

Despite the increase in sales, inventory levels remain constrained. Active listings stood at 26 in April 2026, a slight decrease from 29 active listings in March 2026, though consistent with the 26 active listings reported in April 2025. New listings for the month totaled 16, contributing to a low 1.7 months of inventory, indicating a swift absorption of available properties. This figure is slightly higher than March's 1.6 months of inventory but lower than the 1.8 months seen in April 2025.

Property Type Analysis

The detached housing segment led sales activity in April 2026, accounting for 20 of the 27 total transactions. The attached/townhouse market contributed 7 sales to the overall volume. This distribution highlights the continued dominance of detached homes in the Greater San Diego market's sales performance.

Regional Highlights

The Greater San Diego region continues to experience robust buyer demand, outpacing the supply of new listings. The low months of inventory, coupled with a high sales-to-new-listings ratio, underscores a competitive environment for buyers across the region. This sustained demand is a defining characteristic of the current real estate landscape.

For Buyers

In this competitive seller's market, prospective buyers in Greater San Diego should be prepared to act decisively. Securing pre-approval for financing is crucial, and working closely with a REALTOR® to identify new listings quickly and craft compelling offers is advisable to navigate the limited inventory effectively.

For Sellers

Sellers in Greater San Diego are well-positioned in the current market. With low inventory and strong buyer demand, properties are moving quickly. Strategic pricing based on recent comparable sales and professional staging can maximize appeal and potentially lead to multiple offers, ensuring optimal outcomes.