Greater San Diego Association of REALTORS® Reports Strong Sales Growth in July 2026

Greater San Diego Association of REALTORS® — July 2026

In July 2026, the Greater San Diego real estate market experienced a notable increase in sales, with a total of 35 properties sold, reflecting a 52.6% year-over-year growth. New listings rose to 39, while active listings decreased to 83, indicating a competitive market favoring sellers.

Market Analysis

The San Diego real estate market continues to show resilience and strength, with a sales-to-new-listings ratio (SNLR) of 89.7%, suggesting that homes are selling quickly relative to the number of new listings. The months of inventory stands at 2.1, indicating a seller's market where demand outpaces supply. This trend is further underscored by the decrease in active listings from 93 in June 2026 to 83 in July 2026, highlighting a tightening market as buyers compete for available homes.

Comparing July 2026 to the same month last year, total sales increased significantly from 24 to 35, demonstrating a robust recovery and heightened buyer interest. Although the composite benchmark price is not available for this period, the market's dynamics suggest that sellers are in a favorable position to negotiate, given the strong demand and limited inventory.

Property Type Analysis

In July 2026, detached homes dominated the market with 29 sales, while attached properties, including townhouses, accounted for 6 sales. The detached segment remains the preferred choice for buyers, likely due to the larger living spaces and outdoor areas that are increasingly sought after. The median price for detached homes is reported at $875,000, while attached homes have a median price of $407,500, reflecting the typical price disparity between these property types.

Year-over-year comparisons reveal a significant decline in the median price for attached properties, which fell by 36.8%. This could indicate a shift in buyer preferences or a response to the overall market conditions, as buyers may be gravitating towards more affordable options amidst rising prices in the detached market.

Regional Highlights

The El Cajon area (zip code 92020) showcases a vibrant real estate landscape, with 21 new listings and 25 pending sales in July 2026. The inventory for detached homes stands at 41, with a months supply of 2.1, indicating a competitive market environment. The strong performance in closed sales, up 52.6% year-over-year, reflects the area's appeal and the ongoing demand for housing in the region.

Additionally, the attached market in El Cajon has seen a more subdued performance, with a median price of $407,500 and a months supply of 6.1, suggesting that buyers may be more selective in this segment. The contrasting dynamics between detached and attached properties highlight the diverse needs and preferences of buyers in the Greater San Diego area.

For Buyers

Prospective buyers in the Greater San Diego market should act swiftly, as the current seller's market means homes are selling quickly. With a sales-to-new-listings ratio of 89.7%, buyers may face competition for desirable properties. It is advisable to be pre-approved for financing and to have a clear understanding of one’s budget to make competitive offers when suitable listings arise.

For Sellers

Sellers are in a favorable position in the current market, characterized by a low months of inventory at 2.1. To maximize their selling potential, homeowners should consider pricing their properties competitively and ensuring they are in excellent condition to attract buyers. Given the strong demand, sellers may also benefit from staging their homes and being flexible with showings to capitalize on the heightened interest.