Greater San Diego Association of REALTORS® Market Report for June 2026: Benchmark Price Rises to $787,500

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 year-over-year increase of 2.5%. Total sales reached 30, marking an 8.7% increase compared to June 2025, while active listings decreased slightly to 69.

Market Analysis

The San Diego housing market remains competitive, characterized by a seller's market with a months of inventory (MOI) of just 1.5. This low inventory level continues to drive demand, as evidenced by the strong sales figures despite a slight decline in new listings, which totaled 37 in June. The sales-to-new-listings ratio (SNLR) stands at an impressive 81.1%, indicating that homes are selling quickly and often above their asking prices, further emphasizing the competitive landscape for buyers.

Property Type Analysis

The detached home segment leads the market with 25 sales, while the attached/townhouse category saw 5 sales. The median price for detached homes is reported at $797,500, reflecting a robust demand for single-family residences. In contrast, the attached market shows signs of cooling with a median price of $415,000 and a year-over-year decline of 6.7% in closed sales, suggesting a shift in buyer preference towards detached properties.

Regional Highlights

In the El Cajon area (zip code 92021), the market dynamics mirror the broader trends in San Diego, with a median price of $797,500 for detached homes and a strong closed sales figure of 25. The inventory remains tight with a months supply of 1.5, reinforcing the competitive nature of the market. The attached segment in this region, however, reflects a more balanced market with a higher months supply of 4.8, indicating a potential opportunity for buyers in that category.

For Buyers

Prospective buyers should act swiftly in the current market, as homes are selling quickly and often above list price. With a limited inventory, it is advisable to be pre-approved for financing and to work closely with a knowledgeable REALTOR® to navigate the competitive landscape effectively.

For Sellers

Sellers are in a favorable position to capitalize on the current market conditions. With a strong demand and a high sales-to-new-listings ratio, pricing homes competitively and ensuring they are in excellent condition can lead to quick sales and potentially multiple offers. Engaging a skilled REALTOR® can help maximize sale price and streamline the selling process.