Greater San Diego Association of REALTORS® Market Report: June 2026

Greater San Diego Association of REALTORS® — June 2026

In June 2026, the Greater San Diego real estate market shows a composite benchmark price of $787,500, reflecting a slight increase from $770,000 in May. Total sales rose to 32, up from 22 in the previous month, indicating a growing demand despite a year-over-year sales decline of 4.5%.

Market Analysis

The San Diego real estate market continues to be characterized by a seller's advantage, with a month of inventory at just 1.7 months. This low inventory level suggests that demand remains robust, as evidenced by the strong sales figures despite the slight decrease in year-over-year sales. The sales-to-new-listings ratio (SNLR) stands at an impressive 88.9%, indicating that nearly nine out of ten new listings are being absorbed by buyers, further tightening the market.

Property Type Analysis

In June, detached homes accounted for 21 of the total sales, while attached properties, including townhouses, contributed 11 sales. The detached segment continues to dominate the market, reflecting a preference for single-family homes among buyers. However, the attached market is also showing resilience, with a notable increase in closed sales compared to the previous month, suggesting a diverse range of buyer preferences.

Regional Highlights

Regionally, the El Cajon area demonstrates significant activity, with detached homes seeing a median price of $1,060,000 and a closed sales increase of 37.5% year-over-year. In contrast, the attached market in the same region shows a median price of $490,000, although it has experienced a decline of 10.3% year-over-year, highlighting varying trends within different property types.

For Buyers

Prospective buyers are encouraged to act swiftly in the current market conditions, as the low inventory and high demand can lead to competitive bidding situations. It is advisable to get pre-approved for financing and to be prepared to make offers quickly when suitable properties arise.

For Sellers

Sellers are in a favorable position with the current market dynamics. To maximize their sale price, it is recommended that they present their homes in the best possible condition and consider pricing competitively to attract multiple offers, leveraging the strong demand to achieve optimal results.