Greater San Diego REALTORS®: April 2026 Benchmark Price Reaches $772,500 Amidst Tight Inventory

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 March's $712,500 and April 2025's $737,450. Total sales for the month reached 29, with Months of Inventory at 2.5, indicating a sellers' market.

Market Analysis

The Composite Benchmark Price for April 2026 stands at $772,500, marking a notable increase from $712,500 in March 2026 and $737,450 in April 2025. Total sales for the month were 29, a slight decrease from 30 sales in March 2026 but an increase from 23 sales recorded in April 2025. Sales volume experienced a year-over-year change of -5.6%.

Active listings increased to 79 in April 2026, up from 70 in March 2026 and 63 in April 2025. Despite the rise in listings, Months of Inventory (MOI) remains low at 2.5, slightly higher than March's 2.2 and April 2025's 2.0. This sustained low inventory contributes to the prevailing sellers' market condition, supported by a Sales-to-New-Listings Ratio (SNLR) of 59.2%. These figures are published by Greater San Diego Association of REALTORS®.

Property Type Analysis

Detached homes accounted for 17 sales in April 2026, while attached/townhouse properties recorded 12 sales. The market continues to see activity across both segments, though specific benchmark prices for these property types across the Greater San Diego area are not available for this period.

Regional Highlights

In the 92020 El Cajon area, the detached market reported 17 closed sales with a median price of $830,000. This median price reflects a year-over-year change of -16.4%, while detached closed sales saw a -5.6% year-over-year change. Months of supply for detached homes in El Cajon was 2.5.

The attached market in El Cajon (92020) recorded 12 closed sales, with a median price of $481,500. This segment experienced a significant 100% increase in closed sales year-over-year, and its median price saw an 8.2% year-over-year increase. Attached homes in El Cajon had 4.1 months of supply.

For Buyers

Buyers in the Greater San Diego market face a competitive environment characterized by tight inventory. It is crucial for prospective buyers to secure pre-approval, understand their budget, and be prepared to act decisively when suitable properties become available. Working closely with a REALTOR® can provide a strategic advantage in navigating current market conditions.

For Sellers

With the market favoring sellers and Months of Inventory at 2.5, homeowners considering selling are in a strong position. Sellers should focus on presenting their homes in optimal condition, pricing competitively to attract strong interest, and being prepared for potentially swift offers. Consulting with a REALTOR® can help maximize their property's value in this active market.