Greater San Diego Association of REALTORS® Reports July 2026 Market Trends

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market experienced a total of 19 sales, consistent with June's figures but down 38.9% from July 2025. New listings increased slightly to 21, while active listings decreased to 27, resulting in a months of inventory (MOI) of 1.6, indicating a seller's market.

Market Analysis

The San Diego real estate market continues to show signs of tight inventory, with only 27 active listings available in July 2026. The months of inventory stands at 1.6, slightly down from 1.7 in June, reflecting a persistent demand for homes despite the year-over-year decline in sales. The strong seller's market is underscored by a substantial seller's net listing ratio (SNLR) of 90.5%, indicating that nearly all new listings are being absorbed quickly by buyers.

Property Type Analysis

In July, detached homes accounted for 11 of the total sales, while attached properties, including townhouses, contributed 8 sales. The median price for detached homes reached $2,450,000, reflecting a year-over-year increase of 29.6%, while attached homes had a median price of $955,000, showing a modest increase of 2.1% compared to the previous year. The contrasting performance between property types highlights the ongoing demand for single-family homes in the region.

Regional Highlights

The Carlsbad area, specifically zip code 92011, has shown a robust performance with 14 new listings and a closed sales count of 11, maintaining a competitive market with a median price of $2,450,000. This region's inventory remains tight, with only 18 homes available, resulting in a months supply of 1.6, which is indicative of strong buyer interest and limited supply.

For Buyers

Prospective buyers are encouraged to act quickly in the current market, as the limited inventory means homes are selling rapidly. With a high SNLR, buyers should be prepared to make competitive offers and consider being flexible with terms to secure a property.

For Sellers

Sellers are in a favorable position with the current market dynamics, as demand continues to outpace supply. It is advisable for sellers to price their homes competitively and consider staging to enhance appeal, as homes are likely to attract multiple offers in this seller's market.