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 continued strength with a composite benchmark price of $787,500, reflecting a 20% increase in total sales year-over-year. The market remains favorable for sellers, with 27 total sales and 93 active listings, resulting in a months of inventory (MOI) of 2.7.

Market Analysis

The Greater San Diego real estate market is currently characterized by strong demand and limited supply, as evidenced by the 62.8% sales-to-new-listings ratio (SNLR). With only 93 active listings available, the market is experiencing a tight inventory situation, which is contributing to upward pressure on prices. The total sales for June 2026 have remained steady compared to June 2025, indicating a stable market despite the fluctuations in inventory levels. The slight decrease in active listings from 96 in May to 93 in June further emphasizes the ongoing seller's market conditions.

Property Type Analysis

In June 2026, detached homes dominate the market with 24 sales, while attached properties, including townhouses, account for only 3 sales. The disparity in sales volume suggests that buyers are currently favoring detached homes, likely due to their larger living spaces and outdoor areas, which are increasingly sought after in the post-pandemic environment. The limited inventory of attached properties, with a months supply of 6.2, indicates a potential opportunity for sellers in that segment to capitalize on the current demand.

Regional Highlights

The El Cajon area, specifically zip code 92020, reflects notable trends with 32 new listings and a closed sales count of 24, maintaining a median price of $857,000. The inventory in this region stands at 51, resulting in a months supply of 2.7, consistent with the overall market trend of low inventory and high demand. Conversely, the attached market in the same area has seen a significant decline in closed sales, down 62.5% year-over-year, highlighting the challenges faced by sellers in that segment.

For Buyers

Prospective buyers should act swiftly in the current market, as the low months of inventory indicates that desirable properties may not remain available for long. It is advisable for buyers to be pre-approved for financing and to work closely with a knowledgeable REALTOR® to navigate the competitive landscape effectively.

For Sellers

Sellers are encouraged to take advantage of the current market conditions by pricing their homes competitively and ensuring they are in optimal condition for showings. With a strong demand and a limited supply of homes, sellers can expect favorable outcomes if they present their properties well and respond quickly to offers.