Greater San Diego Association of REALTORS®: April 2026 Market Shows Balanced Conditions Amidst Sales Dip

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market experienced balanced conditions in April 2026, as total sales reached 15, reflecting a 6.7% decrease compared to the previous year. Months of inventory stands at 5.3, indicating a stable market environment, according to figures published by the Greater San Diego Association of REALTORS®.

Market Analysis

In April 2026, the Greater San Diego housing market maintains balanced conditions, as reported by the Greater San Diego Association of REALTORS®. Total sales for the month reached 15, reflecting a 6.7% decrease compared to April 2025, when 17 sales were recorded. New listings totaled 32, contributing to 58 active listings on the market.

Months of inventory increased to 5.3 in April 2026, up from 4.4 in March 2026 and April 2025. This rise in inventory suggests a slight easing of market tightness. The sales-to-new-listings ratio (SNLR) for the month is 46.9%, indicating that nearly half of new listings are absorbed by sales.

Property Type Analysis

A detailed look at property types reveals that detached homes continue to dominate sales activity, with 14 transactions closed in April 2026. The attached/townhouse segment recorded 1 sale during the same period. This distribution highlights the strong preference and availability within the detached housing market.

Within the detached segment, 14 sales were recorded. For example, in the Del Mar 92014 area, the median price for detached homes was $3,494,365, with a months' supply of 5.3. The attached/townhouse market saw 1 sale across the Greater San Diego area. In Del Mar 92014, attached homes had a median price of $2,050,000 and a months' supply of 3.5. These figures, published by the Greater San Diego Association of REALTORS®, highlight distinct market conditions between property types.

Regional Highlights

Across the Greater San Diego region, the market in April 2026 shows a shift towards increased inventory and slightly reduced sales volume compared to prior periods. Active listings rose to 58 from 48 in March 2026, though they remain below the 61 active listings seen in April 2025. This indicates a gradual rebalancing of supply.

Regional variations are evident, as illustrated by data from Del Mar (92014). Detached homes in this area saw 14 closed sales, a 6.7% decrease year-over-year, while the median price for these homes increased by 23.6% year-over-year to $3,494,365. The attached market in Del Mar experienced a 50% year-over-year decrease in closed sales, with 1 sale, yet saw a 33.6% year-over-year increase in median price to $2,050,000. These specific trends in Del Mar, published by the Greater San Diego Association of REALTORS®, underscore localized market dynamics.

For Buyers

With months of inventory at 5.3 and active listings increasing from the prior month, buyers in the Greater San Diego market may find a slightly broader selection of homes. It is crucial for prospective buyers to work closely with a REALTOR® to identify properties that align with their needs and to be prepared to act decisively, especially for well-priced homes in sought-after areas. Understanding specific submarket conditions, such as those seen in Del Mar, can also provide a strategic advantage.

For Sellers

Sellers in the Greater San Diego area should note the balanced market conditions and the increase in months of inventory. While demand remains, competitive pricing and strategic marketing are key to attracting offers. Highlighting a property's unique features and ensuring it is market-ready can help achieve a successful sale. Consulting with a REALTOR® for an accurate valuation and effective marketing strategy is essential in this evolving environment.