Greater San Diego Association of REALTORS®: April 2026 Market Report Shows Benchmark Price Increase and Strong Sales Activity

Greater San Diego Association of REALTORS® — April 2026

The Greater San Diego housing market in April 2026 reports a Composite Benchmark Price of $772,500, an increase from the prior month. Total sales reached 32, marking a 15.0% year-over-year increase, as the market maintains a sellers' condition.

Market Analysis

Figures published by the Greater San Diego Association of REALTORS® indicate the Composite Benchmark Price rose to $772,500 in April 2026. This represents an increase from $712,500 in March 2026 and $737,450 in April 2025. Total sales for the month were 32, a 15.0% increase compared to the 31 sales recorded in April 2025, and also up from 31 sales in March 2026. The Sales-to-New-Listings Ratio (SNLR) stands at 94.1%, reflecting robust buyer engagement relative to new inventory entering the market.

Active listings in April 2026 totaled 55, a slight rise from 53 in March 2026 but a notable decrease from 76 in April 2025. Months of Inventory (MOI) is reported at 1.6, an increase from 1.3 in March 2026 but significantly lower than the 2.6 months recorded in April 2025. These inventory levels, combined with the SNLR, continue to characterize the market as favoring sellers.

Property Type Analysis

A breakdown of sales by property type shows detached homes accounted for 23 sales, while attached/townhouse properties recorded 9 sales in April 2026.

In the 92019 El Cajon area, detached homes saw 23 closed sales with a median price of $1,040,000. This segment experienced a 3.7% year-over-year increase in median price and a 15% increase in closed sales. For attached properties in El Cajon (92019), there were 9 closed sales with a median price of $432,000. This segment observed a 19.6% year-over-year decrease in median price and a 10% decrease in closed sales.

Regional Highlights

The 92019 El Cajon market offers specific insights into regional trends. Detached homes in this area recorded 22 new listings and 23 closed sales. The median price for detached homes in El Cajon reached $1,040,000, marking a 3.7% increase from the prior year, while closed sales for this property type rose by 15% year-over-year.

For attached properties in El Cajon (92019), 12 new listings were reported alongside 9 closed sales. The median price for attached homes in this region was $432,000, which represents a 19.6% year-over-year decrease. Closed sales for attached properties in El Cajon also saw a 10% decline compared to the previous year.

For Buyers

In a market favoring sellers, buyers face competitive conditions. It is crucial for prospective buyers to be pre-approved for financing, act swiftly on desirable properties, and work closely with a REALTOR® to navigate multiple offer situations and understand specific neighborhood dynamics.

For Sellers

Sellers benefit from current market conditions, characterized by low inventory and strong buyer demand. Pricing strategically based on recent comparable sales, ensuring properties are well-prepared for showing, and leveraging a REALTOR®'s expertise to maximize exposure can lead to favorable outcomes.